Monthly payment estimator
Move the sliders to see how the amount, number of months and APR change your payment and the total you would repay. A longer term lowers each payment but usually raises the total cost.
APR range shown is the range offered by lenders in this network. Your APR depends on the lender's review of your credit, income, amount, term and state.
Estimated monthly payment
- Number of payments
- Total interest
- Total of payments
Estimate only, not an offer of credit. Assumes equal monthly payments and no fees. Origination or other fees, if any, are disclosed by the lender and included in the APR.
Start my requestSame amount, different terms
Here is a $2,000 loan at 19.99% APR repaid over three different lengths. The math is standard amortization; real offers can differ.
| 12 months | $185.26 per month · $223.12 interest · $2,223.12 total |
|---|---|
| 24 months | $101.78 per month · $442.72 interest · $2,442.72 total |
| 36 months | $74.32 per month · $675.52 interest · $2,675.52 total |
How to use the numbers
- Pick the shortest term whose payment still leaves room for rent, food and savings.
- Compare the total of payments, not just the monthly amount, when you look at real offers.
- If you plan to pay early, ask the lender whether early payoff saves interest and whether any fee applies.