Find your monthly payment and total interest cost for any personal, auto, or student loan.
Works for personal loans, auto loans, student loans, and more.
Making even one extra payment per year — applied directly to principal — can cut years off your loan and save thousands in interest. For a 48-month $15,000 loan at 8.5%, paying just $50 extra monthly saves over $300 and eliminates 3 months of payments.
Fixed rate loans keep the same interest rate for the life of the loan — predictable and safe if rates rise. Variable rate loans may start lower but can increase with market rates. Unless you plan to pay off quickly, fixed rates are safer for large, long-term loans.