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//// Financial · Personal Loan

Personal Loan Calculator

Enter your loan amount, APR, origination fee, and term — get your monthly payment, effective APR, total interest, and a full amortization schedule. Compare all 6 term lengths side by side to find the best fit.

401(k) Limit 2024$23,000
Roth IRA Limit$7,000
S&P 500 Avg Return~10%/yr

Loan Details

$
% / yr
% fee

Most lenders charge 1–8%

You'll receive $14,550 — the loan minus the $450 origination fee. Your effective APR is NaN%.

Monthly Payment

$494.64

36-month term

Total Interest

$2,807

on $15,000 borrowed

Total Cost

$17,807

all payments combined

Effective APR

NaN%

after origination fee

Cost Breakdown

Principal (Borrowed)$15,000
Interest Paid$2,807
Total of all payments$17,807

Term Comparison — $15,000 at 11.5% APR

TermMonthlyTotal Interest

Amortization Schedule

MonthPaymentPrincipalInterestBalance
1$494.64$350.89$143.75$14,649
2$494.64$354.25$140.39$14,295
3$494.64$357.65$136.99$13,937
4$494.64$361.08$133.56$13,576
5$494.64$364.54$130.10$13,212
6$494.64$368.03$126.61$12,844
7$494.64$371.56$123.08$12,472
8$494.64$375.12$119.52$12,097
9$494.64$378.71$115.93$11,718
10$494.64$382.34$112.30$11,336
11$494.64$386.00$108.64$10,950
12$494.64$389.70$104.94$10,560
··· months 13–35 ···
36$494.64$489.94$4.70Paid off