Calculator
Personal Loan Calculator
A personal-loan payment depends mainly on the amount borrowed, APR, and repayment term. Use the calculator below to estimate a fixed monthly payment, then compare the result with your budget before requesting funds.
Estimate a monthly payment
Enter an amount, APR, and term to estimate a fixed monthly payment. This is not an offer, approval, or lender quote.
How the estimate works
The calculator uses a standard amortization formula for fixed installment payments. It assumes the APR stays constant, payments are made on time, and no extra fees are added. Real lender terms may differ.
Example payment estimates
The examples below are for education only. They are not rates, approvals, or offers from ConsumerNetwork.Group or any lender.
| Amount | APR | Term | Estimated monthly payment | Estimated total paid |
|---|---|---|---|---|
| $5,000 | 18% | 36 months | $181 | $6,507 |
| $10,000 | 18% | 60 months | $254 | $15,236 |
| $25,000 | 15% | 60 months | $595 | $35,685 |
Methodology and limitations
Monthly payment is estimated with: P x r x (1+r)^n / ((1+r)^n - 1), where P is principal, r is monthly APR, and n is number of monthly payments. Results are rounded to the nearest dollar.
ConsumerNetwork.Group is not a lender, does not make credit decisions, and cannot guarantee approval, funding, loan amounts, rates, or terms. Any loan terms are provided by the lender or partner you choose to continue with.
Sources and references
Related resources
If the estimated payment fits your budget, you can continue to the secure request flow.
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