Payday Loan Calculator

Single advance and single maturity payment. Uses 365-day simple annualization; not jurisdiction-specific regulatory APR or rollover modeling.

Single advance and single maturity payment. Uses 365-day simple annualization; not jurisdiction-specific regulatory APR or rollover modeling.

Your workbenchInputs are not stored

Result

Enter your values and run the tool to see your result.

How to use this tool

Check the units, enter your values, and run the tool. Results follow the assumptions and method below.

Calculation method

Total repaymentprincipal+fee
Simple annualized cost (%)fee/principal*365/days*100

References