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Personal Loan Calculator

Calculate your monthly payment, total cost, and see how much you can save by comparing personal loan options vs banks and credit cards.

Loan Parameters

$25,000
$1K$500K
8.50%
3%36%
0.00%

Some lenders charge 0% — compare fees on our comparison page

0%5%

Your Monthly Payment

$789

for 36 months at 8.50% APR

Total Interest

$3,411

Platform Fee

$0

Total Cost

$28,411

You Receive

$25,000

Total Cost Comparison

Credit Card21.5% APR
$34,139total

$948/mo

Bank Loan10% APR
$29,040total

$807/mo

Personal Loan8.50% APR
$28,411total

$789/mo

Save $630 vs bank loans

That's $17/month back in your pocket

Side-by-Side Comparison

MetricCredit CardBankPersonal Loan
Interest Rate21.5%10%8.50%
Monthly Payment$948$807$789
Total Interest$9,139$4,040$3,411
Origination Fee$0$0–$500$0
Total Cost$34,139$29,040$28,411
Approval TimeInstant2–4 weeks1–3 days
Pre-qualificationHard pullHard pullSoft pull

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Why comparing loans saves you money

Different lenders offer different rates based on your credit profile. A 2% rate difference on a $20,000 loan can save you over $2,000. Our free comparison tool shows you rates from 8 top lenders side by side — no credit impact, no signup required.

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