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Loan Calculator

Calculate monthly payments and total interest for personal loans, auto loans, and more.

Loan Details

Typical term: 6-36 months

5 years

Monthly Payment
$512.91

Paid off by 9/19/2030

Loan Summary
Loan Amount:$25,000
Total Interest:$5,774.797
Total Payment:$30,774.797
Interest Rate:8.5% APR
Principal81.2%
Interest18.8%
Loan Balance Over Time

See how your loan balance decreases over time

Disclaimer: This calculator provides working estimates only. Actual loan terms, rates, and payments may vary based on your credit profile, lender requirements, fees, and market conditions. For precise calculations, consult with a lending professional.

Loan Cost Analysis
Total Interest Cost:23.1% of loan amount
Effective Annual Rate:4.62%
Market Competitiveness:
Good

Analysis: This compares your loan rate against average 2024 market rates for personal loans. Lower interest rates and shorter terms minimize total borrowing costs.

Loan Optimization Plan

Strategies to reduce interest costs and pay off your loan faster

medium priority
At next refinance opportunity

Optimize to 3 year term - industry standard for personal loans

Potential impact: Save $2,364 in interest (payment increases $276/month)

medium priority
Next payment cycle

Switch to bi-weekly payments ($256 every 2 weeks)

Potential impact: Save $8,997 and finish 1.7 years early

Manage All Your Loans

Track loan payments and debt payoff progress in your Financial Vitals dashboard.

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