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Personal Loan Calculator
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Personal Loan Calculator

PERSONAL LOAN CALCULATOR

WARNING! Computation not approved by any loan provider company, for educational purposes only

Enter your data on the input box shown below.Then select Calculate.

Enter your Loan Amount in $

Estimated Interest rate %,

Simple Interest Rate is NOT equal to APR


Estimated Interest / year, in $

Estimated Total Payable in one (1) year , in $

Estimated Monthly Payment Payable in a year , in $

Estimated Bi-Weekly Payment Payable in a year , in $


Enter the quoted, Bi-Weekly Payment from loan provider

loan provider estimated simple interest rate %

Then enter this loan provider estimated simple interest rate on the Estimated Interest rate shown above to calculate your total interest payment in a year.

Formula Recall

interest payment, i = Loan Amount * simple interest rate

Total Payable = Loan Amount + interest payment

Calculated Monthly Payment = Total Payable/12 months

Calculated Bi-Weekly Payment = Total Payable/26 weeks





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