Payday Loan Calculator

Payday Loan Calculator is a tool to calculate the borrowing costs of getting a payday loan. The payday loan calculator calculates the APR, interest costs, and the total amount paid.

Loan Amount ($)
Fee per $100 Borrowed ($)
Loan Term (days)
Number of Payments

Payday Loan
Principal	$500.00
Interest / Fees	$75.00
Total Cost of Loan	$75.00
Total Amount Repaid	$575.00
Estimated APR	391.07%

Payday Loan Amortization Schedule
Payment #	Payment Amount ($)	Remaining Balance ($)
1	575.00	0.00

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