MONEY, WITH A PLAN

Personal loan calculator.

Understand a personal loan payment and the cash received after a withheld fee.

Personal loan inputs

%
months
YOUR RESULTS
Scheduled monthly payment$332.14
Amount financed$10,000.00
Total interest$1,957.15
Loan payoff36 months
Net cash received$10,000.00
Interest plus withheld fee$1,957.15
Principal
10,000
Interest
1,957.15

Fixed-rate monthly reducing balance. Origination fee is withheld from proceeds; interest accrues on the full principal. This is not an APR calculation. Final payment may be smaller.

View detailed breakdown
MonthPaymentPrincipalInterestBalance
1$332.14$232.14$100.00$9,767.86
2$332.14$234.46$97.68$9,533.39
3$332.14$236.81$95.33$9,296.58
4$332.14$239.18$92.97$9,057.41
5$332.14$241.57$90.57$8,815.84
6$332.14$243.98$88.16$8,571.85
7$332.14$246.42$85.72$8,325.43
8$332.14$248.89$83.25$8,076.54
9$332.14$251.38$80.77$7,825.16
10$332.14$253.89$78.25$7,571.27
11$332.14$256.43$75.71$7,314.84
12$332.14$258.99$73.15$7,055.84
13$332.14$261.58$70.56$6,794.26
14$332.14$264.20$67.94$6,530.06
15$332.14$266.84$65.30$6,263.22
16$332.14$269.51$62.63$5,993.71
17$332.14$272.21$59.94$5,721.50
18$332.14$274.93$57.21$5,446.57
19$332.14$277.68$54.47$5,168.89
20$332.14$280.45$51.69$4,888.44
21$332.14$283.26$48.88$4,605.18
22$332.14$286.09$46.05$4,319.09
23$332.14$288.95$43.19$4,030.14
24$332.14$291.84$40.30$3,738.30
25$332.14$294.76$37.38$3,443.54
26$332.14$297.71$34.44$3,145.83
27$332.14$300.68$31.46$2,845.14
28$332.14$303.69$28.45$2,541.45
29$332.14$306.73$25.41$2,234.72
30$332.14$309.80$22.35$1,924.93
31$332.14$312.89$19.25$1,612.03
32$332.14$316.02$16.12$1,296.01
33$332.14$319.18$12.96$976.83
34$332.14$322.37$9.77$654.45
35$332.14$325.60$6.54$328.85
36$332.14$328.85$3.29$0.00
UNDERSTAND THE RESULT

How this personal loan calculator works

Some lenders deduct an origination fee from loan proceeds while charging interest on the full loan amount. This tool separates the amount borrowed, net proceeds, monthly payments and the combined interest-plus-fee cost.

A worked example

A 10,000 loan with a 500 withheld origination fee gives you 9,500 in cash. Payments still amortize the full 10,000, so the fee affects the effective cost.

What if my lender adds the fee to the balance?

This page assumes a withheld fee. If a fee is financed instead, use the full financed amount in the general loan calculator. Confirm which treatment appears on your loan agreement.

References and further reading

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