TOTAL INTEREST
Longer terms cost more interest.
Bars show total interest paid over each example repayment period.
PERSONAL LOAN PAYMENT MATRIX
Every amount.
One clear picture.
Compare estimated monthly payments for loans from $500 to $10,000. Change the repayment period, inspect interest costs, and explore real amortization math—with no account needed.
7 loan amounts4 example APRs5 repayment terms
INTERACTIVE PAYMENT TABLE
Find your monthly payment.
These are illustrative fixed-rate payments, not lender quotes. All numbers are calculated locally in your browser.
Swipe across the table on narrow screens. Select a term to update every payment.
| Loan amount | 12% APR | 18% APR | 24% APR | 36% APR |
|---|---|---|---|---|
| $500 | $23.54 | $24.96 | $26.44 | $29.52 |
| $1,000 | $47.07 | $49.92 | $52.87 | $59.05 |
| $1,500 | $70.61 | $74.89 | $79.31 | $88.57 |
| $2,500 | $117.68 | $124.81 | $132.18 | $147.62 |
| $5,000 | $235.37 | $249.62 | $264.36 | $295.24 |
| $7,500 | $353.05 | $374.43 | $396.53 | $442.86 |
| $10,000 | $470.73 | $499.24 | $528.71 | $590.47 |
Highlighted amount: $2,500Assumes no added fees or prepayments.
YOUR EXAMPLE IN FOCUS
$124.81 / month
$2,500 at an illustrative 18% APR over 24 months.
Total repayment$2,995.45
Total interest$495.45
EXPLORE THE TRADEOFF
What changes with the term?
Compare the same loan amount and example APR across five possible payment schedules. Tap a bar or chart point to change the selected term.
MONTHLY PAYMENT
Shorter terms raise the monthly payment.
The same principal and APR are used for every point.
UNDERSTAND YOUR NUMBERS
How to read the payment matrix.
How much is a $2,500 personal loan per month?
At an illustrative 18% APR, a $2,500 loan repaid over 24 months has an estimated monthly payment of $124.81. Extending it to 36 months reduces the payment to $90.38, but raises the amount of interest paid overall. Use the interactive table to try other amounts and terms.
What changes between a $1,500, $5,000 and $10,000 loan?
At the same APR and repayment term, principal scales the scheduled payment. For instance, at 18% APR for 24 months, the estimates are $74.89 for $1,500, $249.62 for $5,000 and $499.24 for $10,000. These examples are mathematical illustrations rather than amounts or rates being offered.
Why compare total interest instead of only monthly payments?
Stretching repayment across more months typically reduces the required monthly payment but increases the total interest paid, assuming the same fixed annual interest rate and no added fees. The charts above show both sides of that tradeoff.
How are these monthly payments calculated?
The table uses the standard amortizing-loan payment formula: monthly payment = principal × monthly rate ÷ [1 − (1 + monthly rate)−number of payments]. The monthly rate is the entered annual percentage rate divided by 12. A zero-interest illustration divides the principal equally across the selected number of payments. Displayed amounts are rounded to cents; actual lender calculations and repayment schedules can differ.
What isn't included in the calculations?
The examples exclude origination charges, late-payment fees, variable-rate changes, penalties and taxes. APR may incorporate certain borrowing fees, so using APR as a simple annual interest rate is a simplifying assumption. This site does not issue loan quotes or assess creditworthiness.
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