✦ Updated · Free Personal Loan Calculator — Instant Results · Bad Credit OK · Apply Free
🧮 Personal Loan Calculator —
Personal Loan Calculator — See Your Payment Instantly
Adjust loan amount, rate, and term. See your monthly payment, total interest, and full amortization table instantly. Then apply free — bad credit OK, no hard pull.
Results are estimates. Your actual rate depends on credit score and income. Apply free — soft check only, zero score impact.
What Rate Should You Use?
Use this guide to pick the right APR for your credit score.
Credit ScoreTypical APR$5K / 24 Mo
720+ Excellent7%–15%~$230/mo
670–719 Good15%–20%~$251/mo
580–669 Fair20%–29%~$270/mo
500–579 Bad ✓29%–36%~$282/mo
No Score ✓Income-BasedVaries
Common Loan Amounts — Quick Reference
Monthly payments at 36% APR — typical bad credit rate — across common amounts and terms.
Amount12 Months24 Months36 Months
$500~$50/mo~$29/mo~$22/mo
$1,000~$100/mo~$57/mo~$44/mo
$2,500~$249/mo~$141/mo~$110/mo
$5,000~$497/mo~$282/mo~$220/mo
$10,000~$993/mo~$564/mo~$440/mo
$25,000~$2,483/mo~$1,410/mo~$1,099/mo
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Calculator shows estimates — apply to see your real rate: The only way to know your actual rate, monthly payment, and loan term is to apply at Money247.com. One soft check application reaches 300+ lenders simultaneously. Real competing offers in minutes. Zero score impact. Same-day deposit available. Bad credit from 500 accepted.
Real rate — not an estimateSoft check — zero score impact300+ lenders competingBad credit from 500 acceptedSame-day deposit availableInstant results in minutes
How do I calculate my personal loan monthly payment?+
Use the free Money247 personal loan calculator above — enter your loan amount, interest rate, and repayment term using the sliders. The calculator instantly shows your monthly payment, total interest, and total cost. For bad credit borrowers use a rate of 29% to 36% APR. For good credit use 10% to 20% APR. For your exact rate apply free at Money247.com — soft check only.
What is the monthly payment on a $5,000 personal loan?+
A $5,000 personal loan at 36% APR over 24 months costs approximately $282 per month. At 20% APR over 24 months the payment is approximately $254 per month. At 10% APR over 24 months the payment is approximately $230 per month. Use the calculator above for any combination of amount, rate, and term.
What APR should I use in the calculator for bad credit?+
For bad credit borrowers with scores of 500 to 579 use 29% to 36% APR as your estimate. For fair credit of 580 to 669 use 20% to 29% APR. For good credit of 670 and above use 10% to 20% APR. The only way to know your exact rate without affecting your score is to apply free at Money247.com — soft check only.
Can I get a personal loan with bad credit?+
Yes. Money247.com connects bad credit borrowers with 300+ lenders accepting scores as low as 500. Use the calculator above to see your estimated payment at 29% to 36% APR, then apply free — soft check only, zero score impact, same-day deposit available.
Know Your Payment — Now Apply Free
You know your estimated payment. Now see your real rate from 300+ lenders — soft check only, zero score impact, instant results, same-day deposit available.
Disclaimer: Calculator results are estimates only. Actual rates and payments vary by lender, credit profile, and income. Money247.com is a loan matching service, not a direct lender. Loan approval is not guaranteed.
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One soft check. 300+ lenders. Real rate — not an estimate. Bad credit OK. Same-day deposit. Zero score impact. Apply free in 2 minutes right now.
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