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$5,000 personal loan over 84 months
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$88.26/mo
$5,000 personal loan · 84 months (7 years) · 12% APR
Payment by APR
| APR | Monthly | Total interest | Total repaid |
|---|---|---|---|
| 6% | $73.04 | $1,136 | $6,136 |
| 8% | $77.93 | $1,546 | $6,546 |
| 10% | $83.01 | $1,972 | $6,972 |
| 12% | $88.26 | $2,414 | $7,414 |
| 14% | $93.70 | $2,871 | $7,871 |
| 16% | $99.31 | $3,342 | $8,342 |
| 18% | $105.09 | $3,827 | $8,827 |
| 20% | $111.03 | $4,327 | $9,327 |
| 24% | $123.38 | $5,364 | $10,364 |
| 30% | $142.96 | $7,009 | $12,009 |
| 36% | $163.67 | $8,748 | $13,748 |
$5,000 at 12% – other terms
| Term | Monthly | Total interest |
|---|---|---|
| 12 months | $444.24 | $331 |
| 24 months | $235.37 | $649 |
| 36 months | $166.07 | $979 |
| 48 months | $131.67 | $1,320 |
| 60 months | $111.22 | $1,673 |
| 72 months | $97.75 | $2,038 |
| 84 months | $88.26 | $2,414 |
Shorter terms cost more per month but far less in total interest.
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FAQ
What is the monthly payment on a $5,000 personal loan for 84 months?
At 12% APR it is $88.26 per month; at 8% $77.93; at 24% $123.38.
How much interest does a $5,000 loan cost over 84 months?
About $2,414 at 12% APR, rising to $5,364 at 24%.
How does an origination fee change the cost?
A 5% fee ($250) is usually deducted from the payout, so you receive $4,750 but repay $5,000 plus interest. At 12% over 84 months that lifts the effective APR noticeably – compare lenders on APR, not rate.
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