Free loan calculators: find your next step.
Eight calculators, no signup. Your financial inputs stay in your browser. Built to answer the questions a rate table cannot: what will this actually cost me, can I afford it, and is there a cheaper way out?
¿Prefiere leer en español? Calculadoras en español
Advising clients? Resources for counselors
Is this necessary, and can you carry it?
The two questions worth answering before any application, because both are cheaper to answer here than after a hard inquiry.
- Open
Paycheck planner
How much you can safely spend each day until payday.
Balance, minus bills still due, divided across the days remaining. Most short-term borrowing starts in this gap — and the gap is often smaller than it feels once the arithmetic is visible.
Answers: “Can I make it to payday without borrowing?”
- Open
Debt-to-income check
Whether another payment genuinely fits your budget.
See how debt payments compare with gross income. Lender limits vary, and the ratio does not account for taxes or all living expenses. Check your take-home budget as well.
Answers: “Should I take on another payment at all?”
- Open
Affordability
What a payment you can sustain actually supports.
Works backwards: from a monthly figure, or from your income and existing obligations, to the loan amount it carries. Shows what stretching the term to reach a larger number really costs.
Answers: “How much can I afford?”
What does it cost, and which one is cheaper?
Once you have figures from a lender, these turn them into dollars — including the case where the friendlier-looking offer is the expensive one.
- Open
Total cost calculator
What a loan costs, including the fee most tools ignore.
Monthly payment, estimated APR with the origination fee folded in, total cost of credit, a term comparison table, and the full amortization schedule. Prints with the inputs on the page.
Answers: “How much will this loan cost me in total?”
- Open
Compare two offers
NewWhich of two offers is actually cheaper, in dollars.
Enter both and it names the cheaper one — including the common case where a lower rate and a smaller monthly payment add up to several hundred dollars more. Both offers live in the URL, so the comparison can be sent.
Answers: “Which of these two should I take?”
- Open
Readiness checklist
The eight things lenders verify, before you hand over details.
Not an approval prediction — no honest tool offers one. A way to find out whether an application is worth making at all, which saves both a hard inquiry and an afternoon.
Answers: “Am I likely to be eligible?”
Getting out of it.
If you have a loan already, these are the two that matter — one shows the way out, the other shows what happens without it.
- Open
Payoff accelerator
NewWhat an extra $25 or $50 a month actually removes.
Extra payments go entirely to principal, so they stop interest accruing on that amount for every remaining month. At high rates the saving is disproportionate to the amount committed.
Answers: “How do I clear this faster?”
- Open
Rollover cost
What a short-term loan costs when renewed instead of repaid.
A $15 fee per $100 sounds modest once. Renewed five times on $300 it totals $270 in fees while the $300 remains outstanding. The picture is more persuasive than the percentage.
Answers: “How does a payday loan become a debt trap?”
Three numbers decide whether a loan was a good idea.
APR includes applicable fees
The interest rate and APR are different measures. APR includes applicable finance charges. Enter the interest rate before fees in our calculator, then add the deducted origination fee once. Compare the result with the lender's disclosed APR, total cost, cash received, and schedule.
Total of payments, not monthly payment
A longer term always produces a smaller monthly payment and almost always a larger total. Lenders lead with the monthly figure for that reason. Look at what leaves your account across the whole term, then decide whether the convenience was worth it.
Debt-to-income, before applying
Add the new payment to your existing obligations and divide by gross monthly income. A ratio alone cannot establish affordability or approval. Also check take-home pay after rent, food, utilities, and a buffer for unexpected costs. CFPB explains why lender DTI limits differ.
About these tools
Are these calculators free, and do you store what I enter?
Free, with no signup. The calculations run entirely in your browser and the numbers are not transmitted to our servers. The Paycheck Planner and debt tracker save entries in your browser's local storage so you do not have to retype them; clearing your browser data removes them permanently, which is why the tracker offers an export.
Why does the estimated APR differ from the rate the lender quoted?
APR includes applicable finance charges, while the interest rate describes interest before fees. Our calculator accepts the interest rate plus a separate fee deducted up front and estimates APR from the monthly payments. Do not enter an APR that already includes that fee. Compare the lender’s disclosed APR, total cost, cash received, and schedule.
Is the monthly payment figure an offer?
No. Every calculator here is educational. Submitting an inquiry is free and does not guarantee a match, approval, funding, a specific amount, APR, or repayment term. Starting values are illustrative scenarios, not quotes. Enter the actual rate, term, and fees from the offer you want to examine.
Which calculator should I use first?
If you are deciding whether to borrow at all, start with the Paycheck Planner or the debt-to-income check. If you have an offer in hand, use the total cost calculator. If you have two offers, use the comparison. If you already have a loan and want out, use the payoff accelerator.
Can I share or print a result?
The total-cost and offer-comparison calculators have Copy link and Print controls. Their links contain the calculation inputs, so share them only with someone you want to see those figures. Other tools have different storage and sharing options; use the controls shown on the individual tool.
Calculators and guides on this site are educational estimates, not offers of credit and not financial, legal, tax, or credit advice. Actual terms depend on the lender, your state, verification, underwriting, and applicable law. Data you enter into the Dashboard and Planner is stored in your browser using the Web Storage API. It is not transmitted to our servers.