Compare Rates With Our Loan Calculator

By Upstart Content Team | Updated August 19, 2014
reading time 2 min read
Tablet with graphs - Upstart Personal Loans

Borrowing money has a reputation for being complicated, expensive and intimidating. We want to change that.

This reputation largely stems from the clunky tools and difficult to understand terms used to explain even the basics of a personal loan. Our users often ask us about comparing monthly payments, terms, and how increasing their loan payments will help pay down their loan faster. So rather than sending them to an arcane amortization table or a spreadsheet macro, we decided to make something better.

Today, we are excited to launch our loan calculator, a refreshingly simple way to help you understand and compare loan rates. Our loan calculator tool offers you a quick and easy way to calculate monthly payments by adjusting loan amount, interest rate, fees, and terms. It can also calculate how making additional monthly payments will help save you time and money.

How To Use Our Calculator

Whether you have an existing loan, credit card debt, need a loan, or you’re just curious, we built our calculator to help provide insight and context. Regardless of whether you have a loan on Upstart, here are some questions that our calculator can help you answer:

  • What is the maximum loan amount I can afford?
  • How do I compare my existing loan to others?
  • How can I pay off my loan early?
  • If I increase my monthly payments how much money will I save in interest?
  • How much interest will I pay on my loan?
  • How does an origination fee affect my APR?

Each calculation generates a unique URL, making it easy to bookmark, share, and revisit.

Not all loans are created equal. Compare rates.

The key to managing your debt is paying attention to the details. We hope that this loan calculator provides transparency around how your monthly payments are calculated and empowers you to shop around or refinance existing debt to get the rate you deserve.

*This content is general in nature and provided for informational purposes only. This content is not specific to Upstart, except where explicitly stated. This content may contain references to products and services offered through Upstart’s credit marketplace. Upstart is not a financial advisor and does not offer financial planning services.

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About the Author

Upstart Content Team

The Upstart Content Team develops educational content grounded in research and real-world financial experiences. By breaking down complex topics into clear, actionable insights, the team helps readers navigate important decisions—so they can feel confident in the money moments that matter.

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See if Upstart is right for you

Check your rate lock Won't affect your credit score¹

Upstart Network, Inc. (NMLS #936133) is not a lender. All loans on its marketplace are made by regulated financial institutions.

All mortgage lending is conducted by Upstart Mortgage, LLC dba Upstart Home Lending. (NMLS #2443873). Equal Housing Opportunity.

1 When you check your rate, we check your credit report. This initial (soft) inquiry will not affect your credit score. If you accept your rate and proceed with your application, we do another (hard) credit inquiry that will impact your credit score. If you take out a loan, repayment information may be reported to the credit bureaus.

2Neither Upstart nor its lending partners have a minimum educational attainment requirement in order to be eligible for a loan.

3As of publication in April 2025, and based on a comparison between the Upstart model and a hypothetical traditional model using Upstart data from Jan – Dec 2024. For more information on the methodology behind this study, please see Upstart’s Annual Access to Credit results here (there is a link that goes at the end that you can find in the master list)

4. While most loans through Upstart are unsecured, certain lenders may place a lien on other accounts you hold with the same institution. There may be an option to secure your personal loan through Upstart with your vehicle, which will require a lien to be placed on the vehicle. It is important to review your promissory note for these details before accepting your loan.

5 Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Minimum loan amounts vary by state: GA ($3,100), HI ($1,500), MA ($7,000). Maximum loan amounts may vary by state.