30-yr fixed 6.43% ▾ 0.06 wk

15-yr fixed 5.79% ▾ 0.04 wk

HELOC avg 7.90% — no change

Auto 60-mo new 6.82% ▴ +0.03 mo

Personal 24-mo 11.57% ▾ 0.12 qtr

Credit card APR 21.52% ▴ +0.09 qtr

as of Jul 2, 2026 · Federal Reserve / Freddie Mac via FRED (St. Louis Fed)

Loan Calculators

Alternative Payment Frequencies

Paying more often than monthly squeezes a little extra principal in each year and compounds interest in your favour. Compare monthly, biweekly and weekly payoff.

Inputs

Loan amount

Interest rate

Loan term (years)

Estimates only. Change any value to recalculate instantly.

Interest saved paying biweekly $486 $506 saved paying weekly

Monthly interest $4,702

Biweekly interest $4,216 4.6 yrs

Weekly interest $4,196 4.5 yrs

Monthly payment $495.03

Interest by frequency

Weekly interest $4.2k
Saved vs monthly $506

Loan balance MonthlyBiweeklyWeekly

Half-payments every two weeks add up to one extra monthly payment a year, while weekly payments compound slightly faster still — together trimming both the term and the interest.

Balance by year at each payment frequencyView table

Year	Monthly	Biweekly	Weekly
1	$20,673	$20,153	$20,150
2	$16,032	$14,956	$14,949
3	$11,057	$9,382	$9,371
4	$5,721	$3,405	$3,388
5	$0	$0	$0

How this calculator works

This calculator runs entirely in your browser — nothing you enter is sent anywhere, and there is no sign-up. Change any input and the result, breakdown, and schedule update instantly.

Rate and cost fields are pre-filled with current benchmarks (Federal Reserve / Freddie Mac via FRED (St. Louis Fed)), so your first result is already realistic — replace them with your own quote to see your numbers. To weigh one option against another, use the loan comparison calculator.

Common questions

Is this calculator free, and do I need to sign up?

Yes and no — it is completely free and asks for no account or personal details. Every calculation happens in your browser, so nothing you type is stored or sent to us.

How accurate are the results?

The math is exact for the inputs you give it, but the defaults are national benchmarks — your real rate, fees, taxes, and insurance will differ. Treat the result as a close estimate to refine with a real quote.