Ultimately, you can reduce how much you pay toward your personal loan1,2, if you calculate the right amount of money to pay each month. This calculator will help you see how long it will take to pay off your personal loan using your loan’s interest rate and the amount owed. If you are interested in learning more about personal loans, we can help!
First, enter the balance for your personal loan and a down payment amount. Then, adjust the Loan Term and Interest Rate sliders to reflect the details on your personal loan. When finished, adjust the Added Monthly Amount slider to reflect how much you can save by paying above the minimum payment.
Interested in learning more about Personal Loans1,2?
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Personal Loan1,2
With no collateral required, a Personal Loan can offer you a solution for consolidating debt, covering unforeseen expenses, improving your home and more.
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Borrowing Wisely - When Personal Loans Make Sense
Borrowing money isn’t necessarily a bad thing. As a matter of fact, there are times when taking out a personal loan can be beneficial.
Read More- Products vary by state.
- All programs subject to credit approval and loan amounts are subject to creditworthiness. Some restrictions may apply. The term, amount, interest rate and repayment schedule for your loan, and any product features, including interest rate locks, may vary depending on your creditworthiness and on the type, amount, and collateral for your loan.