Payments by term
| Months | Monthly payment | Total interest |
|---|---|---|
| 12 | $1,749 | $988 |
| 24 | $914 | $1,929 |
| 36 | $636 | $2,896 |
| 48 | $498 | $3,890 |
| 60 | $415 | $4,910 |
How it's calculated
M = P × r / (1 − (1 + r)^−n)
Fees are deducted from the money you receive, which raises the real cost of borrowing.
Questions people ask
What APR is good for a personal loan?
It depends on your credit score. Borrowers with excellent credit see the lowest rates; compare the APR, which includes fees, not just the interest rate.
Reviewed by Soufyane S.. Last updated Oct 25, 2026. How we check numbers
Estimates for information only, not tax, legal or financial advice. Check with an adviser or the official tax authority.