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Unsecured Loan Calculator

Unsecured Loan Calculator to calculate the total cost of getting a unsecured loan based on the interest rate, loan amount, and loan terms. The unsecured loan amortization schedule shows the monthly payment breakdown by principal and interest payments.

Unsecured Personal Loan Calculator

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Loan Terms
years
Interest Rate
First Payment Date
Amortization Schedule
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Unsecured Loan Summary

Loan Amount:
$15,000.00
Monthly Payment:
$485.95
Total # Of Payments:
36
Start Date:
Dec, 2024
Payoff Date:
Nov, 2027
Total Interest Paid:
$2,494.08
Total Payment:
$17,494.08

Unsecured Loan Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Dec, 2024 1 $128.44 $357.51 $485.95 $14,642.49
Jan, 2025 2 $125.38 $360.57 $485.95 $14,281.92
Feb, 2025 3 $122.29 $363.66 $485.95 $13,918.26
Mar, 2025 4 $119.18 $366.77 $485.95 $13,551.49
Apr, 2025 5 $116.03 $369.91 $485.95 $13,181.58
May, 2025 6 $112.87 $373.08 $485.95 $12,808.50
Jun, 2025 7 $109.67 $376.27 $485.95 $12,432.23
Jul, 2025 8 $106.45 $379.50 $485.95 $12,052.73
Aug, 2025 9 $103.20 $382.75 $485.95 $11,669.98
Sep, 2025 10 $99.92 $386.02 $485.95 $11,283.96
Oct, 2025 11 $96.62 $389.33 $485.95 $10,894.63
Nov, 2025 12 $93.29 $392.66 $485.95 $10,501.97
Dec, 2025 13 $89.92 $396.02 $485.95 $10,105.95
Jan, 2026 14 $86.53 $399.41 $485.95 $9,706.53
Feb, 2026 15 $83.11 $402.83 $485.95 $9,303.70
Mar, 2026 16 $79.66 $406.28 $485.95 $8,897.42
Apr, 2026 17 $76.18 $409.76 $485.95 $8,487.65
May, 2026 18 $72.68 $413.27 $485.95 $8,074.38
Jun, 2026 19 $69.14 $416.81 $485.95 $7,657.57
Jul, 2026 20 $65.57 $420.38 $485.95 $7,237.19
Aug, 2026 21 $61.97 $423.98 $485.95 $6,813.21
Sep, 2026 22 $58.34 $427.61 $485.95 $6,385.61
Oct, 2026 23 $54.68 $431.27 $485.95 $5,954.34
Nov, 2026 24 $50.98 $434.96 $485.95 $5,519.37
Dec, 2026 25 $47.26 $438.69 $485.95 $5,080.69
Jan, 2027 26 $43.50 $442.44 $485.95 $4,638.24
Feb, 2027 27 $39.71 $446.23 $485.95 $4,192.01
Mar, 2027 28 $35.89 $450.05 $485.95 $3,741.96
Apr, 2027 29 $32.04 $453.91 $485.95 $3,288.05
May, 2027 30 $28.15 $457.79 $485.95 $2,830.26
Jun, 2027 31 $24.23 $461.71 $485.95 $2,368.55
Jul, 2027 32 $20.28 $465.67 $485.95 $1,902.88
Aug, 2027 33 $16.29 $469.65 $485.95 $1,433.23
Sep, 2027 34 $12.27 $473.67 $485.95 $959.55
Oct, 2027 35 $8.22 $477.73 $485.95 $481.82
Nov, 2027 36 $4.13 $481.82 $485.95 $0.00




What are unsecured loans?

Unsecured loans are loans that don't require collateral, but lenders do check your credit history and income to make sure you have the ability to pay them back. If you default on a unsecured loan, the lender will report you to the credit bureaus which will have negative impact on your credit score.

Secured Loan Calculator

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