Soft credit check only — no impact to your score. Results in minutes.
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Typical Rates by Credit Score —
Use these as a guide. Your actual rate depends on your lender and full financial profile.
Credit Score
Rating
Typical APR
Monthly ($5K/24mo)
720–850
Excellent
7%–12%
$224–$235
660–719
Good
13%–19%
$237–$252
580–659
Fair
20%–28%
$254–$275
500–579
Bad Credit
29%–36%
$278–$296
Loan Calculator — Common Questions
How accurate is this loan calculator?+
This calculator uses the standard amortization formula used by all lenders. The monthly payment is mathematically exact for the rate and term entered. Your actual payment may differ slightly if a lender charges origination fees.
Should I choose a shorter or longer loan term?+
Shorter terms (12 to 24 months) cost less total interest but have higher monthly payments. Longer terms (36 to 60 months) have lower monthly payments but cost more overall. Use the calculator to compare both.
What APR should I enter if I have bad credit?+
If you have bad credit under 580 try entering 29% to 36% APR to get a realistic estimate. Once you apply at Money247.com you will see your real rate offers from actual lenders.
Does checking my rate affect my credit score?+
No. Checking your rate at Money247.com uses only a soft credit inquiry which does NOT affect your credit score. A hard inquiry only occurs when you formally accept a specific loan offer.
Ready to See Your Real Rate?
Apply free at Money247.com. One 2-minute application reaches 300+ lenders. Soft credit check only. Bad credit accepted.
Calculator provides estimates only. Actual rates vary by lender. Money247.com is a loan matching service, not a direct lender.
Like What You See? Apply Free and Get Real Offers
The calculator shows estimates. Apply free at Money247.com to see real rates from real lenders in minutes. Bad credit OK. No impact to your credit score.