Personal Loan Calculator
Calculate monthly repayments and total interest for a personal loan over your chosen tenure.
What this estimate includes
The estimate uses the conventional flat-rate method for the monthly instalment and places the effective interest rate beside it. That distinction matters because flat interest is charged on the original amount for the full term.
Check before deciding
Processing fees, takaful or insurance, stamp duty and early-settlement rules may sit outside the simple flat-rate calculation. Compare the disclosed EIR and net cash received, not only the advertised rate.
Frequently asked questions
How much will a personal loan cost me in total?
The calculator adds every monthly repayment together and subtracts what you borrowed, so you can see the total interest before you commit.
Does a longer tenure mean lower repayments?
A longer term lowers each monthly payment but increases the total interest you pay overall. A shorter term costs more per month but less in total.
What is the difference between the interest rate and the APR?
The interest rate is the cost of borrowing the principal. The APR also folds in fees, so it usually reflects the true yearly cost more honestly. Compare offers by APR.
Can I pay off a personal loan early?
Often yes, and it saves interest, but some lenders charge an early-settlement fee. Check your agreement before making large extra payments or a full prepayment.