Personal Loan Calculator

PERSONAL LOAN CALCULATOR

Determining how much to borrow and for how long is very important when applying for a personal loan. Compute potential payments with the loan calculator below. We also suggest that you read the section related to borrowing advice first time borrowers.

	Borrowing Amount ($):

	Annual Interest Rate (%):

	Term of Loan:

	----------------------------------------- Based on the info you input, your Monthly Payment Amount is going to be($):

	and your Total Borrowing Cost is ($):

Current interest rates range from as low as to 6.2% to around 20%. The interest rate and terms you receive for your loan are going to depend on your credit rating history. If you don't know what your credit score is, we suggest you obtain a copy of your credit report before applying. We will route your application to a lender based on the credit rating you select on the application. It is important that all of your information is reported accurately and up-to-date. You can get a free copy of your credit report!

In addition is important that you understand how interest rates work before applying.

Being a Wise Borrower
Obtaining the Most Optimal Rates
Getting a Loan Over the Internet
Shopping for Your Loan
Personal Loan Tips

BankRate.com features some really great calculators with amortization features..

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Types of Personal Financing Opportunities Offered:
Unsecured Personal Loans - Bad Credit Personal Loans
Consolidating Debt with Personal Loans