PersonalLoanCalc is a free, independent calculator for anyone who wants to see the real cost of a personal loan — monthly payment, total interest, and origination fee impact — before applying with a lender.
The tool applies the standard installment loan amortization formula to your loan amount, APR, and term to compute a fixed monthly payment, then totals the interest paid over the life of the loan. When you add an origination fee, it shows the gap between the amount disbursed to you and the amount you actually repay — this is why APR is always higher than the quoted interest rate on a loan with fees. The 2025 credit-score-to-APR reference table reflects general market ranges, not quotes from any specific lender.
This calculator produces educational estimates only. It is not a loan offer, a credit decision, or financial advice, and it cannot account for your specific credit profile, debt-to-income ratio, or a lender's underwriting criteria. Before borrowing, compare real offers from multiple lenders and read the full loan agreement, or speak with a licensed financial advisor or nonprofit credit counselor if you're unsure what's right for your situation.
PersonalLoanCalc is not affiliated with, endorsed by, or connected to any bank, online lender, credit union, or credit bureau. It's an independently built tool, supported by ads served through Google AdSense.