Loan Cost Estimator
See the true cost of borrowing and how much loan type and APR really matter.
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Calculate Your Loan Cost
Enter the loan amount, APR (annual percentage rate), and repayment term to see monthly payment, total repayment, and total interest cost.
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Total Repayment
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Annual percentage rate (APR)
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Repayment term
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Interest as % of loan
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Payday loans are extremely dangerous. A $300 payday loan at 390% APR for 2 weeks has a fee of roughly $45. If you can't repay it and roll it over, those fees multiply fast. Many borrowers end up paying back 2–3x the original loan. Learn how to spot predatory lending.
Better alternatives to high-cost loans: Credit unions offer small personal loans at much lower rates. Some employers offer paycheck advances for free. Community assistance programs may cover utilities, food, or rent in emergencies.