Bankrate’s loan calculator was designed to help borrowers calculate amortized loans. These are mortgages, auto loans, student loans and other types of personal loans that are paid off in regular installments over time, with fixed payments covering both the principal amount and interest. Our calcula...
Borrow up to $3,000 with fixed monthly payments over 3-24 months. APRs typically range from 25% to 100%. Predictable payment schedule makes budgeting easier. Common Questions How are my monthly payments calculated? Your monthly payment is calculated using three main factors: the loan amount, ...
How do I use the loan amount calculator? How does the loan amount calculator work? Should I go for a home equity loan or mortgage refinance? What can I use a home equity loan for? How do I figure out how much I could borrow with a home equity loan? What can I use a mortgage ref...
The Bankrate loan interest calculator only applies to loans with fixed or simple interest. When used correctly, it can help you determine the total interest over the life of your loan, as well as the average monthly interest payments.
Can I pay off my personal loan early? Most lenders allow you to pay off your loan early, but some may charge a prepayment penalty for doing so. This fee allows lenders to recoup some of the interest payments they would miss if you pay off your loan ahead of schedule. Read the fine ...
Our easy-to-use loan calculator will help you estimate monthly payments to avoid taking on too much debt. Loan Amount The total amount financed in a loan. Loan Term The amount of time you have to repay the loan. In Years Or in Months Interest Rate The fixed or variable interest rate yo...
You can use this calculator for most loans, including auto loans, personal loans, mortgages, and more! Before you take the money from your lender, see precisely how much it's going to cost you. Loan Amount: $794.99 Monthly Payment
Use our free personal loan calculator to discover how much you could afford to borrow and what your monthly repayments might be. Subject to status.
(fixed) Apply Check my eligibility We may be able to offer you a better rate if you change the amount you want to borrow or the length of time you borrow for. A small change can make a big difference to how much interest you'll have to pay and the overall cost of the loan. We'...
Amount to borrow (year 1)The annual amount you plan to borrow from your non-collateral PLUS loan. Annual interest rateThe interest rate on the PLUS Loan is a fixed 5.3% for loans made on or after July 1, 2020. Number of months The number of months that the PLUS loan is amortized. ...