Personal Loan Calculator
Estimate your monthly payment, total interest cost, and effective APR for a personal loan. Factor in origination fees to see the true cost of borrowing. View a full amortization schedule showing how each payment splits between principal and interest.
Inputs
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Results
Monthly Payment
$480
Total Interest
$2,298
Origination Fee
$300
Effective APR
5.89%
Total Cost Breakdown
Remaining Balance
Amortization Schedule
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $480.49 | $361.74 | $118.75 | $14,638.26 |
| 2 | $480.49 | $364.61 | $115.89 | $14,273.65 |
| 3 | $480.49 | $367.49 | $113.00 | $13,906.15 |
| 4 | $480.49 | $370.40 | $110.09 | $13,535.75 |
| 5 | $480.49 | $373.34 | $107.16 | $13,162.41 |
| 6 | $480.49 | $376.29 | $104.20 | $12,786.12 |
| 7 | $480.49 | $379.27 | $101.22 | $12,406.85 |
| 8 | $480.49 | $382.27 | $98.22 | $12,024.58 |
| 9 | $480.49 | $385.30 | $95.19 | $11,639.28 |
| 10 | $480.49 | $388.35 | $92.14 | $11,250.93 |
| 11 | $480.49 | $391.42 | $89.07 | $10,859.50 |
| 12 | $480.49 | $394.52 | $85.97 | $10,464.98 |