Personal Loan Calculator
Photo credit: © iStock/Roman_Gorielov
Personal loans can be your ticket to paying off high-interest credit card debt or tackling big bills. But like all debt,
personal loans are not to be taken lightly. Once you’ve figured out how much you need to borrow and how much you can afford
to pay back each month, you can start shopping for personal loans. Personal loan calculators help you know what to expect.
Wondering if a personal loan is right for you? It’s important to ask yourself why you want to borrow money. Is it to pay
off bills or move to a city with more job opportunities? Is it to eliminate high-interest credit card debt? All of these
are scenarios where it might make sense to consider an affordable personal loan.
What do we mean by affordable? True affordability is a factor of both the personal loan interest rate