Personal loan calculator with fees

By Xavier Carraté · Creator and editor · Content prepared: 2026-09-06

See the cash you receive, the balance you repay and the cost of an origination fee. Use figures from your loan offer to estimate monthly payments and an amortization schedule in US dollars.

Calculate this scenario

Example figures only. Replace every amount and rate with your written offer. These are not current market rates.

Use a decimal point, no thousands separators and up to two decimal places. Every field is required; use 0 when a cost does not apply. Money: 0–1,000,000,000 USD; rate: 0–100%; term: 1–360 whole months.

The calculator is unavailable until its scripts load. The explanation and worked example below remain available.

Offer A

Base loan amount ($)

Amount before the fee adjustment. Results separate the opening loan balance and cash received.

Annual contract interest rate (%)

Use the rate applied to the loan balance. Ask the lender if the offer only shows APR.

Requested term (months)

Whole monthly periods in this fixed-rate scenario. Actual scheduled payments may be fewer.

Origination fee ($)

Enter the dollar fee from your offer, or zero. Do not infer a percentage base.

How is the fee paid?

Choose the treatment shown in your offer.

Compare a second personal loan offer

Offer B is adjusted to leave the same cash after fees as Offer A. Enter B’s own rate, term and fee. Different terms and upfront cash flows remain visible; these nominal totals are not a time-value comparison or a lender ranking.

No signup. This calculator does not save or send your inputs. Changing language does not transfer the scenario.

Monthly estimate with a fixed rate and on-time payments. Daily interest, irregular first periods, precomputed interest, variable rates and balloon payments require a different model. Compare the result with your lender’s schedule.

Start with the cash you need

A $10,000 base loan with a $500 deducted fee delivers $9,500. Adding that fee to the balance instead delivers $10,000 and starts the loan at $10,500. Paying it separately delivers $10,000 but requires $500 upfront, leaving $9,500 after the fee. Read all of those amounts before comparing payments.

Compare two offers for equal cash

Enable the second offer to compare the same cash available after fees. Offer B’s base amount is adjusted for its fee treatment; its upfront fee remains visible. Compare the total cost and term alongside the monthly payment. This tool does not recommend a lender or discount future payments to present value.

Worked example: a fee at 0% interest

With a $10,000 base amount, a $500 deducted fee and 36 months at 0%, the model pays $277.78 for the regular payment and $277.70 for the last. You receive $9,500 and repay $10,000: the financing cost is $500 even though interest is zero. This example can be reproduced by changing the rate above to 0.

Is the interest rate the same as APR?

APR includes interest and certain loan charges. This tool uses the contract rate for amortization and shows the entered fee separately; it does not calculate regulatory APR. Do not enter APR and add a fee again if that rate already reflects the fee. CFPB: interest rate and APR.

Which fees should I check?

Read the disclosure for origination and other charges. The estimate includes only the origination fee entered here; add-on products, late fees and other unentered costs are excluded. CFPB: personal installment loan fees.

How this estimate works

The model charges interest monthly on the opening balance and rounds that month’s interest to the nearest cent, half up. It finds a fixed whole-cent payment that pays off this single loan within the requested term, then builds the complete schedule. The last payment cannot exceed the regular payment. Small balances and cent rounding can produce fewer payments than the requested term.

The first estimated payment is next calendar month. Display, CSV and print use that same month. Actual lender dates can differ.