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Payday Loan Calculator

Use our free calculator to estimate your payday loan repayment. Enter the loan amount, term length, and annual percentage rate (APR) to after verification see your monthly payment, total interest cost, and total repayment amount. This tool helps you compare offers from different lenders and make informed borrowing decisions.

$100$5,000
16 months
400.0%

* This is an estimate only. Actual terms are determined by the lender after application review.

Your Estimate

Monthly Payment
$666.67
Total Interest
$166.67
Total Repayment
$666.67

Tip: Keep your debt-to-income ratio below provider-disclosed percentage for financial health.

How to Use the Loan Calculator

1

Enter loan amount

Use the slider or type the amount you want to borrow.

2

Set the term

Choose how many months you plan to repay the loan.

3

Adjust the APR

Set the annual percentage rate offered by your lender.

4

Review results

See your estimated monthly payment, total interest, and total repayment.

Ready to Compare Real Offers?

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Editorial review

Rostislav Sikora

AI Orchestrator and loan comparison specialist

Last updated: