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Personal Loan and Line of Credit Payment Calculator

Use our Personal Loan and Line of Credit Payment Calculator to see what your payments could be.

A loan is an up-front lump sum that you pay off over time.
Learn about the differences between a loan and a line of credit
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Min. $5,000 to max. $50,000

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More frequent payments will reduce your total interest over the term of your loan.

The time you take to pay it off, also referred to as the term, helps determine your payment amount and how much total interest you'll pay.

More frequent payments will reduce your total interest over the term of your loan.

Based on your borrowing amount of  $5,000.00  and interest rate of  9.00%  and term of  5 year(s)

Your total monthly payment is :

$103.79

Your total interest over 5 year(s) is:  $1,205.10

The calculation is based on the accuracy and completeness of the data you have entered. The information is intended for illustrative and general information purposes only, and does not mean that you have been approved for a loan. Additional conditions may apply. Any application is subject to credit approval.

To provide your results, the calculator treats the interest rate you enter as a fixed rate. Actual payments may vary. The total interest provided above is captured in the payment amount.