How it works
Payment is based on the requested principal; the origination fee is deducted from proceeds and included in effective borrowing cost.
Example
A $15,000 three-year loan at 11.5% has a payment near $494.64 before lender-specific charges.
This tool is for estimation and education, not financial, tax, or legal advice.
Frequently asked questions
Are the results exact lender quotes?
No. Results are estimates from the values entered and exclude terms or charges not shown.
Does the calculator send my numbers anywhere?
No. The calculation runs locally in your browser.
How should I use the result?
Compare scenarios, then verify important figures against a lender disclosure or account statement.
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