Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

Personal loan calculators

Find the right calculator to help make a more informed choice.

Kellye Guinan's headshot

By

Kellye Guinan

Several questions often crop up when comparing loan options: How much can you afford? What will your monthly repayments be? Are you getting the best deal available? There’s a lot of math involved with finding out if a lender is offering a competitive deal. This personal loan calculator can help sort things out so your decision is easier to make.

Calculators in this guide

personal loans in a virtual search bar against laptop and tablet on a table

Personal loan monthly payment calculator

Estimate how much you’ll pay each month on a personal loan by entering the potential loan amount, APR and repayment period. Use our monthly repayment calculator to make sure you’re signing up for a loan that you can comfortably afford.

Calculate now

A calculator against stack of coins, a calendar and an alarm

Debt consolidation savings calculator

Find out how much money a debt consolidation loan could help you save — and see how much faster you could get out of high-interest debt. Determine what rate and terms you’d need to make consolidating your debt worth it.

Calculate now

Hand holding a drawing of currency symbols and a house on a weighing scale

Loan comparison calculator

Compare two loans side-by-side to tell which is the better choice for you. This calculator is also helpful if you’re interested in refinancing a loan you’re already paying off.

Calculate now

A stack of coins and banknotes on a paper and pen

Borrowing power calculator

Figure out how much you can comfortably afford to borrow, what monthly repayment to look for and what you’d end up paying in interest on a loan.

Calculate now

Man signing contract with car keys on the table

Car loan monthly payment calculator

This calculator can help you figure out how much you’ll be responsible for paying each month on a car loan. You’ll also find out what your loan will cost over the short and long term.

Calculate now

Woman analysing graphs on a desk

Business loan comparison calculator

Once you’ve narrowed down your options, you might want to consider other factors that affect the cost of your business loan. This calculator can help you make a quick, detailed comparison of two new loans or a current loan and a refinancing offer.

Bottom line

Using a calculator when you’re trying to find the right kind of loan can help you save money month-to-month and over the life of your loan. It can also help you avoid taking on debt that you can’t afford.

Ready compare lenders? Head over to our personal loans guide to get started.

Kellye Guinan's headshot
Written by

Writer

Kellye Guinan is a freelance editor and writer, specializing in consumer lending. Her writing and analysis has been featured on Bankrate, MSN and MediaFeed. She holds degrees in anthropology and German language and literature from Middle Tennessee State University. See full bio

Kellye's expertise
Kellye has written 66 Finder guides across topics including:
  • Personal, business, student and car loans
  • Credit scores
  • Car financing
  • Debt consolidation
More resources on Finder

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

2 Responses

    Default Gravatar
    ElizaJanuary 10, 2018

    I recently turned 18 and am in need of a car. My previous car I totalled so my family said they wouldn’t help me finance another one and that I would have to do it myself. I bank with a credit union under my grandmothers account so I don’t know if I can get a loan on my own. I also live in Alabama and I know for like getting an apartment you have to be 19 and I didn’t know if the same was with cars.

      AvatarFinder
      RenchJanuary 11, 2018Finder

      Hi Eliza,

      Thanks for reaching out to us. Please note that we are not affiliated with any company we feature on our site and so we can only offer you general advice.

      While it can be more difficult getting a loan as an 18-year-old, it’s still possible as there are lenders that might accept applicants your age. You can compare loans for 18-year-old to see if you might be able to qualify for any loan options that may be available to you.

      Before applying for any loan, please ensure that you meet the eligibility criteria and requirements of the loan option or lender and make sure to read the details, as well as the relevant PDS/ T&Cs of the loan option before making a decision and consider whether the product or option is right for you.

      Best regards,
      Rench

Go to site