Personal Loan Calculator

Rates in 2025 run roughly 8% for excellent credit to 30%+ for poor credit, and many lenders subtract an origination fee (1–8%) from the disbursed amount — you repay the full principal but receive less. The APR includes that fee; the interest rate alone doesn't.

Personal loans shine for consolidating higher-rate card debt into a fixed payoff schedule. They rarely make sense for discretionary purchases — a 3-year loan at 11% adds about 18% to the true price of whatever it buys.