Personal Loan Calculator
Edited on: 30 July 2018
Posted on: 27 June 2017
Personal loans can get you out of a bind but it’s important to make an informed decision before signing on the dotted line! At Fig, we take extra care to ensure our loans help customers become more financially stable, but a lot of other lenders out there don’t. This is why it’s extremely important to calculate the total cost of your loan BEFORE you commit! Can I make the payments? is so important that it's the must ask question before taking out a personal loan in our How to Compare Loans Guide.
Unfortunately, figuring out your payment amount and total loan cost isn’t always easy… That's why we created this calculator to help you know exactly how much a loan will cost you today and down the road. Fig’s calculator takes into account APR, loan size, time and loan type to give you the true cost of your personal loan.
For example: if the length of your loan is 4 months, enter '4' in the left box above and select 'months' on the right. For a 2 year loan, enter '2' on the left and select 'years' on the right.