Personal Loan Calculator
Your entries are calculated in this browser and are not saved by this tool.
This result is an estimate for educational purposes and is not financial, tax or legal advice.
How the Personal Loan Calculator works
Estimate personal-loan payments, origination cost, net proceeds and an effective APR. Enter the requested values in the tool above, select Calculate, and review both the main result and its breakdown.
Formula used
Payment uses the annuity formula. Net proceeds equal principal minus the origination fee; APR is estimated from cash flows.
Worked example
A 2% origination fee on $15,000 reduces cash received by $300 even though interest is calculated on the full principal.
Practical uses
- Compare lender fees
- Plan debt consolidation
- Estimate net cash received
Assumptions and limits
Financial results are estimates. Rates, fees, tax rules and lender methods can change the actual outcome. For reproducibility, record the inputs and assumptions used when sharing a result.
Frequently asked questions
Is this calculator free?
Yes. It can be used without creating an account.
Are the values I enter stored?
The calculation runs in your browser. The core tool does not submit your calculator entries to WordPress.
Can I rely on the result for a major decision?
Use it as an educational estimate, verify important inputs, and seek qualified advice when the decision carries financial, medical, tax or legal consequences.