Personal Loan Calculator
Calculate your personal loan payments with origination fees and compare effective APRs. Perfect for debt consolidation and major purchases.
$
10,000
1,000100,000
%
%
Typical range: 0-8% (deducted from loan amount)
3
08
Compare to Credit Card
%
Compare potential savings vs credit card debt
What is an Origination Fee?
An origination fee is charged by lenders to process your loan. It's deducted from the loan amount, so you receive less than you borrow but pay interest on the full amount.
Credit Score Impact
Excellent credit (720+): 6-11% APR
Good credit (680-719): 11-18% APR
Fair credit (640-679): 18-25% APR
Poor credit (<640): 25-36% APR
Debt Consolidation
Personal loans are often used to consolidate credit card debt at lower interest rates. Compare the total cost including origination fees to ensure you save money.