Personal loan calculator
Save thousands with a lower-interest personal loan.
See how consolidating high-interest credit card debt into one fixed monthly payment could lower what you pay each month and in total.
Estimated monthly savings
$110
Total interest saved
$6,600
- Credit card payment
- $575/mo
- Loan payment
- $465/mo
Won’t affect your credit score
Your numbers, side by side
High-interest credit card
- Balance
- $20,000
- Interest rate
- 24.00% APR*
- Monthly payment
- $575
- Total amount paid
- $34,522
- 5-year interest paid
- $14,522
IllustrativeConsolidation loan
- Balance
- $20,000
- Interest rate
- 14.00% APR*
- Monthly payment
- $465
- Total amount paid
- $27,922
- 5-year interest paid
- $7,922
Estimated interest savings
$6,600
Estimates assume the credit card balance is paid off with fixed payments over the same term and no new charges, and exclude origination fees, which some lenders deduct from the loan amount. Representative APRs from participating lenders range from 7.99% to 35.99% with 24–84 month terms. This calculator is for illustration only and is not an offer of credit. See disclosures.
See what you qualify for in about 2 minutes
Free to use. Checking won't affect your credit score.