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.
» MORE: Compare the best pool financing options
Your loan estimate
Monthly payment
$0.00
| Payment datePayment date | PrincipalPrincipal | InterestInterest | Monthly totalMonthly total | Principal balancePrincipal balance |
|---|
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.
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. | 11.81%. |
Good | 690-719. | 14.48%. |
Fair | 630-689. | 17.93%. |
Bad | 300-629. | 21.65%. |
Source: Average rates are based on aggregate, anonymized offer data from users who pre-qualified through NerdWallet from January 1, 2024, through December 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%.
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 |
|
|
Example 2 |
|
|
SoFi
SoFi
6.99 – 35.49%
$5K–$100K
Avant
Avant
9.95 – 35.99%
$2K–$35K
Best Egg
Best Egg
5.99 – 35.99%
$2K–$50K
Upgrade
Upgrade
7.74 – 35.99%
$1K–$50K
Here are the top features to consider as you compare offers.
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 like home equity loans.
» MORE: How to finance a swimming pool
Most personal loan terms are two to seven years, but some lenders offer extended repayment terms on home improvement loans. Your repayment term helps to determine the loan’s monthly payment and total interest costs.
Many lenders say they can fund a loan within one to three business days after your application is approved. Most loans are funded within a week.
A lender may let you pre-qualify to see your potential rate, loan amount and repayment term without affecting your credit score. You can pre-qualify with multiple lenders on NerdWallet to gather estimates of your monthly pool loan payments.
It costs $44,500 to $87,000 to install an in-ground pool, according to Angi, a home services platform. An above-ground pool can run you from $1,000 to $6,000. The price can vary based on the size of the pool and the materials you use.
