Our collection of personal loan calculators.


For most of us, the ideal situation is to never borrow money – but that is not always realistic. Personal loans might be used to help remodel a home, buy a new appliance, pay for wedding expenses, and even consolidate debt.

Personal loans often carry a fixed rate of interest, which means your monthly payments will remain the same over the life of the loan. They can also be secured loans, which are backed by collateral, or unsecured – which might carry a higher rate of interest to offset the risk of nonpayment. And while these loans might seem straightforward, there is a lot to consider before borrowing money this way.


Taking out a personal loan is a significant financial decision, so it is best to weigh your options beforehand. You will want to understand how much you can afford to borrow, and the factors that influence the size of your monthly payments. For example, it is possible to lower these costs by extending the time it takes to pay back the loan. But borrowing money over a longer period means paying more interest on the loan too.

It is also important to understand how interest rate compounding (daily, monthly, annually), origination fees, and other charges can impact the loan’s annual percentage rate, or APR. Our personal loan calculators allow you to see the impact these factors have on your repayment plan.

Links to our calculators:

personal loans
A Simple Personal Loan Calculator: Computes monthly payments.A Simple Student Loan Calculator: Computes the borrower’s monthly payments, the total of all payments, and interest charges.
Loan Payoff Calculator: Determines how quickly a personal loan can be paid off by making extra payments each month.Loan APR Calculator: Estimates the annual percentage rate (APR) charged on a loan.
Interest-Only Loan Calculator: Estimates payments and saving achieved through interest-only loans.College Cost Calculator: Estimates the future cost of college based on average increase projections.
Loan Fees Calculator: Estimates the processing fees and potentially hidden charges associated with a loan.College Funding Calculator: Estimates the future cost of college as well as a potential funding approach to pay for school. 
Debt-to-Income Ratio Calculator: Estimate a person’s debt-to-income ratio, also known as the DTI ratio.Loan Amortization Table Calculator: Shows the balance on a loan at the end of each 12-month period, which is also known as an amortization table.
Student Loan Payoff Calculator: Runs through “what if” scenarios aimed at paying off a student loan ahead of schedule.Personal Loan Comparison Calculator: Compares up to five personal loans of various terms and interest rates. 
Wage Garnishment Calculator: Estimates the amount of wages subject to garnishment, including student and education loans.College Education Value Calculator: Estimates the value of obtaining a college education versus a high school education.
Short Term Investment Calculator: Estimates the funds needed today to finance a future expense or asset purchase. 

Are we missing the calculator you were hoping to find? Contact us, describe what you were looking for and we will try to make it for you.

I’ve seen more people fail because of liquor and leverage — leverage being borrowed money. You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing.

Warren Buffett, American investor, business tycoon, philanthropist