Cash advance payment calculator
Estimate your monthly payment, total interest and payoff date for any amount from $200 to $5,000. Add an extra monthly payment to see how much sooner you'd finish.
Show the payment schedule
| # | Payment | To balance | Interest | Balance |
|---|
Estimates only. Lenders in our network offer 5.99% to 35.99% APR. Grid squares show payments; faded squares mean you'd finish early.
How the term changes your cost
Same $1,500 at 24.99% APR, different repayment lengths:
| Term | Monthly | Total interest | Total repaid |
|---|---|---|---|
| 3 months | $520.97 | $62.90 | $1,562.90 |
| 6 months | $268.53 | $111.21 | $1,611.21 |
| 9 months | $184.50 | $160.48 | $1,660.48 |
| 12 months | $142.56 | $210.71 | $1,710.71 |
| 18 months | $100.78 | $314.05 | $1,814.05 |
| 24 months | $80.05 | $421.19 | $1,921.19 |
Longer terms cut the monthly payment but add interest. Choose the shortest term with a payment you can comfortably make.
The formula behind it
Fixed-payment loans use the amortization formula, where P is the amount, r is the APR divided by 12 and n is the number of payments:
For $1,500 at 24.99% APR over 12 months, r is about 0.020825, so the payment is $142.56 and total interest is $210.71.
Three ways to pay less
Borrow less
Interest is charged on what you owe.
Shorten the term
Fewer months of interest.
Pay extra
Most network lenders don't charge prepayment penalties.
Common questions
How accurate is the GridMoney payment calculator?
It uses the standard amortization formula for fixed monthly payments, so estimates are close. Your lender's Truth in Lending disclosure is the official figure and can differ slightly with payment dates and fees.
Does using the calculator affect my credit?
No. It runs in your browser. Nothing is sent anywhere and no credit check happens.
What does the origination fee slider do?
It shows how a fee deducted from your loan reduces the cash you receive. Origination fees are included in the APR a lender quotes.
Ready to see your options?
Request $200 to $5,000 in about five minutes and repay it month by month.