Personal Loan Calculator 2026
Calculate monthly payments, true APR (including fees), and total interest. Compare 3-year vs 5-year terms instantly.
Quick Answer
Personal loan APRs in 2026 range from 8% (excellent credit, 760+) to 36% (poor credit). A $15,000 loan at 12% APR for 36 months costs $498/month and $2,935 in total interest. Always compare APR — not interest rate — because origination fees (1%–8%) can raise your true cost significantly above the advertised rate.
Last updated: September 2026 · 2026 IRS & state tax rates
$
%
%
Deducted from disbursement. Common range: 1%–6%.
$498
Monthly Payment
12% APR · 36 months
$2,935
Total Interest
12.0%
True APR
$17,935
Total Cost
Loan Amount$15,000
Origination Fee$0
Amount Received$15,000
Total Interest$2,935
True APR (with fee)12.0%
Total Repaid$17,935
Term Comparison
3 Years—
5 Years—
Personal Loan Rates by Credit Score (2026)
| Credit Score | Typical APR Range | Monthly (15K/3yr) |
|---|---|---|
| 760+ (Excellent) | 8%–13% | $470–$505 |
| 700–759 (Good) | 13%–18% | $505–$542 |
| 640–699 (Fair) | 18%–28% | $542–$615 |
| <640 (Poor) | 28%–36% | $615–$674 |
Origination Fee Impact
A 5% origination fee on a $15,000 loan means you receive $14,250 but repay $15,000 — raising your true APR by 2%–4% above the stated rate. Always compare lenders by APR (which includes fees), not just the interest rate.