Loan Calculator with Fee
Origination fee added to the loan.
Fee math stays on your device — no tracking, no uploadYour payment breakdown appears here
Fill in the loan details and press Calculate — the monthly payment, total interest and schedule will render right on this page, with nothing sent to any server.
How to use
Many loans deduct an origination fee up front — and finance it into the balance, so you pay interest on the fee too. This calculator adds the fee to the loan and shows the true monthly payment.
How to use
- Enter the amount you want to receive, the fee percent, the APR and the term.
- Press Calculate to see the fee, the financed amount and the payment on it.
Example
You request $20,000 with a 3% origination fee. The fee is $600, so the financed amount is $20,600. At 6% for 5 years the payment is about $398 — versus $387 without the fee. You receive $20,000 but pay interest on $20,600.
Formula
Amount financed = requested × (1 + fee%); the monthly payment is PMT on the financed amount over the term.
Net proceeds
The fee usually comes out of the loan proceeds, so you actually receive less than the requested amount. If you need the full $20,000 in hand, request more and let the calculator show the true cost.
Compare by effective rate
The fee raises the real cost of the loan. Run the same numbers through the loan calculator with APR tool to see the effective annual rate — that is the fair comparison across lenders.
Fee math on small loans
The fee hits hardest on small or short loans. A 3% fee on $20,000 is $600; on $3,000 it is only $90 but a far larger share of the amount. Always run the effective-APR tool to see the true annual cost before signing anything with an upfront fee.
FAQ
Net proceeds less?
Yes — you receive the requested amount minus the fee, then repay the fee plus interest over the term.
How do I compare offers with fees?
Use the APR tool on each offer — the effective rate folds the fee in and makes them comparable.
Is a 3% fee typical?
Origination fees commonly run 1-5% depending on the lender and loan type; personal loans and some auto add-ons sit in that range.
Should I pay the fee out of pocket?
If you can, financing the fee means paying interest on it — the calculator shows the difference.
Reviewed by the LoanMath editorial team