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Fast Title Lenders > Payday Loan Calculator

Payday Loan Calculator

Payday Loans are very short term loans that allow you to borrow a small amount of money until your next paycheck. The cost of a Payday loan is often expressed as a fee instead of the more widely recognized APR.

As a result, the APR for some Payday loans can be vey high, even though the fee may not seem high. To be able to compare different Payday loans, knowing the APR is necessary. 

The Payday Loan calculator allows you to calculate the costs, due date, and interest rate (APR) for any Payday Loan. Sometimes car title loans and payday loans are compared and contrasted. The loans are very different and work differently. 

Payday loan amounts are typically between $100 – $1,000 (some states cap them at $500).  Car title loan amounts can be much higher.  Generally, payday loans are for smaller amounts. 

Using the payday loan calculator can help decide if one makes sense for you. It can also help you prepare for getting a payday loan by giving you an idea of what the costs will be and when the due date will be for different loan terms. 

Payday Loan Calculator

Payday Loan Calculator Instructions

The payday loan calculator is simple to use. Enter the loan amount, the fee, and the loan length (number of days). You may need to contact your lender to find out what their fee schedule is. 

Typically, payday loans charge a fee that varies depending on the loan amount and length. Payday loans usually charge a fixed fee for the loan amount and time. 

Payday Loan Calculator Input

Loan Amount: $
Loan Fee: $
Loan Length in Days:
Start Over

How does the Payday Loan Calculator Work?

The payday loan calculator takes the information entered and performs a couple of calculations to display and return the due date as well as the interest rate for the loan. Having the APR will let you compare payday loans from different lenders.

In some cases, as you can see from the payday loan calculator results, the APR associated with the loan is very high. This is usually because of the very short term of the loan. 

Payday Loan Calculator Benefits

The Payday loan calculator lets you calculate the payment amount, interest rate, and payment due date for any payday loan. A simplified definition is that Payday Loans are a way to borrow money short term to cover gaps in funding until your next paycheck. For more information visit

Use the calculator to find out the costs of a payday loan, the due date for different loan terms, and the APR for different payday loan fees. Change the values as many times as need to compare and contrast different Payday loans. 

The main benefits of using the calculator are calculating your due date and APR. This will let you compare different payday loans from different lenders and choose the best one. 

Calculating Different Loans

To calculate different payday loan amounts, fees, and lengths, simply re-enter the information and click calculate loan again. If you are considering a car title loan, you can use the car title loan calculator to find out how much you can borrow with a title loan and estimate how much it will cost. 

As mentioned, there are significant differences between payday loans and car title loans. 

One of the key differences is the risk of repossession with a car title loan. There are, of course, many others. Take some time to learn how car title loans work before considering one. 

Make sure to understand how interest is charged, fees are determined, and other factors. 


Choosing the best lender for short term high interest loans can be challenging. One way to aid in making a good decision is having the information you need. The Payday loan calculator helps give you the information needed to make an informed decision.