Borrowing
Loan & payoff calculator
Work out the monthly payment on a fixed-rate loan — personal, auto, or student — and see how much of the total goes to interest over the life of the loan.
Monthly payment
$415.17
Total interest
$4,910
Total repaid
$24,910
Loan amount$20,000
Interest over term$4,910
Total of 60 payments$24,910
Shop the rate before you borrow
A lower APR can save thousands over a loan's life. Comparing offers from multiple lenders takes minutes and doesn't commit you to anything.
Assumes a fixed rate and equal monthly payments; fees and variable rates will change the real cost. Not financial advice.