Pool Loan Calculator: See Your Monthly Pool Payments

Calculate your monthly payments to see how a pool loan fits into your budget. Compare offers to find the best rate.

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Updated · 1 min read
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Written by Annie Millerbernd
Assistant Assigning Editor
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Edited by Kim Lowe
Head of Content, Personal & Student Loans
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Co-written by Ronita Choudhuri-Wade
Lead Writer

A pool loan calculator shows estimated monthly payments and total interest costs, based on the loan amount, interest rate and repayment term you choose.

Use this calculator to see your monthly pool loan payments and determine what an affordable loan looks like.

Pool loan calculator

Loan details

2025

Jan

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Apr

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Dec

Your loan estimate
Monthly payment

$0.00

Total principal$10,000

Total interest payments$0.00

Total loan payments$0.00

Payoff date- / -

Understanding your pool loan calculator results

Monthly payment: What you can expect to pay each month. A longer term can lower your monthly payments but increase the total interest.

Total interest payments: The amount you will pay to a lender in interest based on the loan’s rate and term.

Total loan payments: The amount of money you'll have repaid at the end of the loan. This number depends on the amount you borrow and your interest rate.

Payoff date: The month and year you’re expected to make the final loan payment.

Pool loan rates

When you finance with a personal loan, your annual percentage rate can be anywhere from 6% to 36%, and some lenders will finance up to $100,000 over a two- to 12-year repayment term.

Your credit score is an important factor lenders consider when they decide your loan amount and rate. Lenders also review your income and existing debt when you apply for a loan.

Here are estimated rates for each credit score range.

Borrower credit rating

Score range

Estimated APR

Excellent

720-850.

11.54%.

Good

690-719.

14.36%.

Fair

630-689.

17.85%.

Bad

300-629.

20.97%.

Source: Average rates are based on aggregate, anonymized offer data from users who pre-qualified through NerdWallet from Dec. 1, 2024, through Dec. 31, 2024. Rates are estimates only and not specific to any lender. The lowest credit scores — usually below 500 — are unlikely to qualify. Information in this table applies only to lenders with maximum APRs below 36%.

Pool loan calculation examples

Here are two pool loan examples. The loan amount, repayment term and APR you input will give you different monthly payments and total amount repaid.

Loan details

Loan estimates

Example 1

  • Loan amount: $45,000.

  • Repayment term: 4 years.

  • APR: 18%.

  • Monthly payment: $1,322.

  • Total amount repaid: $63,450.

Example 2

  • Loan amount: $70,000.

  • Repayment term: 7 years.

  • APR: 15%

  • Monthly payment: $1,351.

  • Total amount repaid: $113,465.

Personal loans from our partners

SoFi logo
Check Rate

on SoFi

SoFi

5.0

NerdWallet rating 
SoFi logo

5.0

NerdWallet rating 
APR 

8.99- 29.99%

Loan amount 

$5K- $100K

Check Rate

on SoFi

Avant logo
Check Rate

on Avant

Avant

4.0

NerdWallet rating 
Avant logo

4.0

NerdWallet rating 
APR 

9.95- 35.99%

Loan amount 

$2K- $35K

Check Rate

on Avant

BestEgg logo
Check Rate

on Best Egg

Best Egg

4.5

NerdWallet rating 
BestEgg logo

4.5

NerdWallet rating 
APR 

7.99- 35.99%

Loan amount 

$2K- $50K

Check Rate

on Best Egg

Discover logo
Check Rate

on Discover

Discover

5.0

NerdWallet rating 
Discover logo

5.0

NerdWallet rating 
APR 

7.99- 24.99%

Loan amount 

$2.5K- $40K

Check Rate

on Discover

How to compare pool loans

Here are the top features to consider as you compare offers.

APR

A loan’s annual percentage rate is the best apples-to-apples comparison for personal loans because it includes the interest rate and other fees a lender charges. Use this number to compare multiple personal loan offers with other financing options li