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Interest Calculator
How much interest will I have to pay?
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Enter how much you want to pay each month, an interest rate and a loan amount, and you'll see how much interest you'll pay over the life of the loan.

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  How much interest will I have to pay?

Beginning Balance of Loan

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Maximum Monthly payment
annual percentage rate (%) (fixed loan)
* Find the best interest rates in your area for more personalized results.


Your Results
Beginning balance of loan..: $10,000.00
Minimum monthly payment..: $800.00
Maximum monthly payment.: $1,200.00
Annual interest rate: 7.50%
Total Interest on your Loan
Using the maximum payment you'll pay $444.88 ($31.78 average per month) in total interest.

Using the minimum payment you'll pay $302.79
($33.64 average per month) in total interest.
 

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NATIONAL OVERNIGHT AVERAGES
1 yr CD 0.70%
2 yr CD 0.87%
5 yr CD 1.46%

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