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Payment calculator

Run the numbers before anyone runs them at you

Real amortization math — the same formula behind every estimate on this site. Use it on our rates, your bank's, or the quote in your inbox.

Not sure? Our rate table shows honest ranges by profile.

Real amortization math: each payment covers that month's interest on the remaining balance first; the rest reduces principal. Demo site — nothing you type is sent anywhere.

Monthly payment

$3,705

Total interest
$13,910
Origination fee
$2,250
Total repaid
$88,910
Total cost of borrowing
$16,160
Cost per $1 borrowed
22¢
Show the month-by-month amortization schedule
Amortization schedule: payment split between interest and principal each month, with the remaining balance
Month Payment Interest Principal Balance
1 $3,704.57 $1,056.25 $2,648.32 $72,351.68
2 $3,704.57 $1,018.95 $2,685.61 $69,666.07
3 $3,704.57 $981.13 $2,723.44 $66,942.63
4 $3,704.57 $942.78 $2,761.79 $64,180.84
5 $3,704.57 $903.88 $2,800.69 $61,380.15
6 $3,704.57 $864.44 $2,840.13 $58,540.02
7 $3,704.57 $824.44 $2,880.13 $55,659.90
8 $3,704.57 $783.88 $2,920.69 $52,739.20
9 $3,704.57 $742.74 $2,961.82 $49,777.38
10 $3,704.57 $701.03 $3,003.54 $46,773.85
11 $3,704.57 $658.73 $3,045.84 $43,728.01
12 $3,704.57 $615.84 $3,088.73 $40,639.28
13 $3,704.57 $572.34 $3,132.23 $37,507.05
14 $3,704.57 $528.22 $3,176.34 $34,330.71
15 $3,704.57 $483.49 $3,221.08 $31,109.63
16 $3,704.57 $438.13 $3,266.44 $27,843.19
17 $3,704.57 $392.12 $3,312.44 $24,530.75
18 $3,704.57 $345.47 $3,359.09 $21,171.66
19 $3,704.57 $298.17 $3,406.40 $17,765.26
20 $3,704.57 $250.19 $3,454.37 $14,310.88
21 $3,704.57 $201.54 $3,503.02 $10,807.86
22 $3,704.57 $152.21 $3,552.36 $7,255.50
23 $3,704.57 $102.18 $3,602.39 $3,653.12
24 $3,704.57 $51.45 $3,653.12 $0.00

Crescent quotes always include the origination fee in the total cost of borrowing — every fee we charge is on the rates page.

How to read the result

Three habits of people who borrow well

01

Watch the total, not the payment

Any payment can be made to look small by stretching the term. The number that can't be gamed is the total cost of borrowing — it's why we print it in gold.

02

Shorter usually wins

Try the same amount at 18 and 36 months. The payment rises, but the total cost drops — often by thousands. Take the shortest term your monthly cash flow genuinely supports.

03

Test anyone's quote

Uncheck our origination fee and type in another lender's APR — if they'll tell you one. If they'll only give you a factor rate or a daily payment, that's your answer about them.

And the habit before all three: borrowing isn't right for every situation. If the calculator's payment looks uncomfortable against your monthly cash flow, believe the calculator — here's what we'd do instead.

Numbers look workable?

Get your real band with a soft pull — the configurator carries the same honest math through the application.

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