Every amount, every term
These are the actual figures our pricing produces, calculated with the same formula that generates your loan agreement. No origination fee is included because we do not charge one, so the amount borrowed is the amount deposited.
| Borrowed | Term | APR | Monthly payment | Finance charge | Total repaid |
|---|---|---|---|---|---|
| $200 | 3 months | 35.90% | $70.69 | $12.07 | $212.07 |
| $200 | 6 months | 35.90% | $36.91 | $21.46 | $221.46 |
| $300 | 3 months | 35.90% | $106.04 | $18.12 | $318.12 |
| $300 | 6 months | 35.90% | $55.36 | $32.16 | $332.16 |
| $500 | 6 months | 29.90% | $90.75 | $44.50 | $544.50 |
| $500 | 12 months | 29.90% | $48.72 | $84.64 | $584.64 |
| $750 | 6 months | 29.90% | $136.12 | $66.72 | $816.72 |
| $750 | 12 months | 29.90% | $73.08 | $126.96 | $876.96 |
| $1,000 | 6 months | 29.90% | $181.50 | $89.00 | $1,089.00 |
| $1,000 | 12 months | 29.90% | $97.44 | $169.28 | $1,169.28 |
| $1,500 | 6 months | 29.90% | $272.25 | $133.50 | $1,633.50 |
| $1,500 | 12 months | 29.90% | $146.16 | $253.92 | $1,753.92 |
| $2,000 | 12 months | 22.90% | $188.06 | $256.72 | $2,256.72 |
| $2,000 | 18 months | 22.90% | $132.33 | $381.94 | $2,381.94 |
| $2,000 | 24 months | 22.90% | $104.65 | $511.60 | $2,511.60 |
| $2,500 | 12 months | 22.90% | $235.07 | $320.84 | $2,820.84 |
| $2,500 | 18 months | 22.90% | $165.41 | $477.38 | $2,977.38 |
| $2,500 | 24 months | 22.90% | $130.81 | $639.44 | $3,139.44 |
| $3,000 | 12 months | 22.90% | $282.08 | $384.96 | $3,384.96 |
| $3,000 | 18 months | 22.90% | $198.50 | $573.00 | $3,573.00 |
| $3,000 | 24 months | 22.90% | $156.97 | $767.28 | $3,767.28 |
| $3,500 | 12 months | 22.90% | $329.10 | $449.20 | $3,949.20 |
| $3,500 | 18 months | 22.90% | $231.58 | $668.44 | $4,168.44 |
| $3,500 | 24 months | 22.90% | $183.13 | $895.12 | $4,395.12 |
| $4,000 | 12 months | 22.90% | $376.11 | $513.32 | $4,513.32 |
| $4,000 | 18 months | 22.90% | $264.66 | $763.88 | $4,763.88 |
| $4,000 | 24 months | 22.90% | $209.29 | $1,022.96 | $5,022.96 |
| $5,000 | 12 months | 22.90% | $470.14 | $641.68 | $5,641.68 |
| $5,000 | 18 months | 22.90% | $330.83 | $954.94 | $5,954.94 |
| $5,000 | 24 months | 22.90% | $261.62 | $1,278.88 | $6,278.88 |
Sample pricing. Your rate depends on your credit profile, income, and state, and appears in your agreement before you sign.
Three things this table shows
Small loans cost little in dollars, however the APR reads
A $300 loan over 6 months at 35.90% costs $32.16 in interest. The percentage looks severe because APR annualises a cost incurred over half a year on a few hundred dollars. Judge short-term borrowing by the finance charge, and use APR only to compare like with like.
The term costs more than the rate does
$2,000 over 12 months costs $256.72 in interest. The same $2,000 over 24 months at the same rate costs $514.53, almost exactly double, without the rate changing at all. Term length is the lever most borrowers underestimate.
Crossing an amount band can lower your rate
$1,999 prices at 29.90% while $2,000 prices at 22.90%. If you are close to a threshold and can genuinely use the extra, the larger loan may cost less per dollar borrowed. Borrowing more than you need to chase a lower rate is a bad trade; the calculator will show you which is which.
A full worked example
Take the $1,000 loan over 12 months at 29.90% APR.
| Amount financed | $1,000.00, deposited in full |
| Monthly rate | 29.90% ÷ 12 = 2.4917% |
| Monthly payment | $97.44 for 12 months |
| First payment split | $24.92 interest, $72.52 principal |
| Final payment split | $2.40 interest, $95.04 principal |
| Finance charge | $169.28 |
| Total of payments | $1,169.28 |
The payment never changes but the split does, because interest is charged on the balance you still owe. The full row-by-row version is on the amortization schedule.
Paying early changes these numbers
Every figure above assumes the loan runs its full term. There is no prepayment penalty, so clearing it early removes interest that has not yet accrued. On the $1,000 example, an extra $25 a month ends the loan three months sooner and saves around $37.
What is not in these figures
- Late fees. $15 after a 10-day grace period, charged once per missed payment.
- Returned payment fees. $15 if your bank rejects a scheduled payment.
- The autopay discount. Enrolling reduces the APR by 0.25 points, so your real figures may be slightly lower than the table.
- State caps. Several states cap rates below our standard schedule, in which case the cap applies.
The complete list of what can and cannot be charged is on rates and fees.
Questions about these examples
How to read the table, what is excluded, and why the bands matter.
Why does a $300 loan show a 35.9% APR?
Because APR annualises a cost that is incurred over a few months on a small balance. In dollars, that loan costs $32.16 in interest over six months. The percentage is high; the amount is not.
Do these examples include fees?
There are no fees to include. We charge no origination or application fee, so the amount borrowed is the amount deposited and the finance charge is interest only. Late and returned payment fees are separate and only apply if something goes wrong.
Why is $2,000 cheaper per dollar than $1,999?
Our rate bands change at $2,000, dropping from 29.90% to 22.90%. If you are near a threshold and can genuinely use the extra amount, the larger loan can cost less per dollar borrowed. Do not borrow more than you need purely to chase the band.
Will my figures match this table exactly?
They will if you are offered the representative APR for that amount and take the full term. Your actual rate depends on your credit profile, income, and state, and any state cap that is lower than our standard rate will apply instead.
How much does paying early save?
It depends on how much and how soon. On the $1,000 twelve-month example, an extra $25 a month ends the loan three months early and saves roughly $37 in interest. The amortization schedule models any scenario you enter.
What is the difference between finance charge and total repaid?
The finance charge is the cost of the credit, meaning interest and any required fees. The total repaid is that charge plus the amount you borrowed. Both appear in the Truth in Lending disclosure in your agreement.