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Generated · ratecompas.com
Example lender profiles matched to your credit tier. We'll show real partner offers here as they become available.
Rate ranges reflect typical market data; see our methodology for sources.
Rates shown are illustrative ranges based on typical market offers for the selected credit score range as of 2026. Actual rates depend on your full credit profile, income, and lender criteria. This is not financial advice. Consult a licensed financial advisor before making borrowing decisions.
This analysis is based on the figures you entered and is for informational purposes only. Rate ranges are illustrative. RateCompas is not a lender, broker, credit counselor, or financial advisor, and may receive compensation from lenders featured on our site. Consult a licensed professional before making borrowing decisions.
The calculator uses the standard amortization formula lenders use, so your monthly payment estimate will closely match what you are actually offered. Your final rate depends on your full credit profile, income, and the lender's underwriting criteria.
A good APR depends on your credit score. For 800+ credit, anything under 10% is excellent. For 740-799, under 13% is competitive. For 670-739, under 18% is fair. Below 670, rates typically jump into the 17-36% range.
No. Most personal loan lenders offer pre-qualification using a soft credit pull, which does not affect your score. Only formal application triggers a hard inquiry.
APR includes the interest rate plus fees like origination charges, making it the true cost of borrowing. Always compare APRs rather than interest rates when evaluating loan offers.
Shorter terms mean higher monthly payments but less total interest. Longer terms lower the monthly payment but significantly increase total interest paid. Use the payoff accelerator to see the trade-off for your specific loan.
Most reputable lenders require a minimum credit score of 580-600. The best rates go to borrowers with scores of 740 or higher. Below 580, you will typically need a co-signer or face rates at the legal cap of 36% APR.