Personal Loan Calculator
Calculate your monthly payment, total interest, effective APR with origination fees, and view a full amortization schedule.
Loan Details
Enter your loan amount and terms to see your monthly payment and total cost.
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%
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Deducted from loan proceeds. Leave 0 if none.
Enter your loan details and click "Calculate Payment" to see results.
Track your debt payoff journey
Track loan payments and see your debt decrease in Pocket Clear. Watch your progress every month.
Tips for Getting the Best Personal Loan
Strategies to save money on your personal loan.
| Strategy | Potential Impact |
|---|---|
| Check your credit score and improve it first | 5-15% lower rate with better score |
| Compare at least 3-5 lenders | Rates vary widely between lenders |
| Watch out for high origination fees | Can add 1-8% to your effective cost |
| Avoid prepayment penalties | Flexibility to pay off early and save |
| Consider a credit union | Often lower rates than banks or online lenders |
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