Plan Your Repayments with Our Cash Advance Calculator

Use our cash advance calculator to estimate repayment and borrowing costs for a short-term loan. Choose one payment or monthly payments to see results based on your amount, APR, and repayment period. This tool covers loan-based cash advances, sometimes called payday loans. It does not calculate credit-card cash advances.

How Will You Repay?
$

%

days

The starting values are examples and do not represent loan offers or available terms.

Select Calculate to update your estimate.

We couldn’t calculate this estimate. Check the amount, APR, and repayment period, then try again.

Estimated Monthly Payment
Estimated Final Payment

Your final payment may differ slightly because of rounding.

Estimated Total Repayment
Estimated Borrowing Cost

Estimates use the APR you enter to approximate borrowing cost. Fees are not modeled separately, including fees deducted from loan proceeds. Monthly estimates assume equal payments beginning one month after borrowing. Actual payments and costs depend on the lender’s terms.

How to Use the Calculator

Choose how you will repay, then enter the amount borrowed and APR. Use the APR provided by a lender, if known, or enter a hypothetical rate to explore a repayment scenario.

Advance Amount

Enter the principal or the initial cash you plan to borrow.

Repayment Duration

For one payment, enter the number of days until repayment. For monthly payments, enter the repayment term in months.

APR (%)

Enter the annual percentage rate (APR) charged on your cash advance.

Select "Calculate" to see your estimated repayment and borrowing cost. You can change the inputs and calculate again to explore different scenarios.

What Is a Cash Advance?

A cash advance can refer to a short-term loan, sometimes called a payday loan. Depending on the loan agreement, repayment may be due in one payment or through installments. Check the repayment schedule in the lender’s terms and select the calculator option that reflects it.

How the Estimates Work

The calculator uses the APR you enter to estimate borrowing cost for your selected repayment option:

One Payment

For one payment, the calculator estimates borrowing cost over the number of days entered, with the full amount repaid at the end.

Monthly Payments

For monthly payments, the calculator estimates a regular payment that reduces the balance over time. A longer repayment term may lower the monthly payment while increasing total borrowing cost.

These are planning estimates. They do not determine eligibility or reproduce every lender’s payment schedule.

Calculation Examples

$500 at 36% APR, repaid in one payment after 30 days

Estimated Payment $514.79 once
Estimated Borrowing Cost $14.79
Estimated Total Repayment $514.79

$500 at 36% APR, repaid monthly over three months

Estimated Payment $176.77 monthly*
Estimated Borrowing Cost $30.30
Estimated Total Repayment $530.30

*The monthly example has two payments of $176.77 and a final payment of $176.76. These examples illustrate the calculations and do not represent loan offers or available terms.

Tips for Reducing the Cost of Your Cash Advance

Cash advances offer convenience, but smart financial planning can lower your costs significantly:

Check Early-Repayment Terms: Paying early may reduce interest on some loans, but fees or other charges may not decrease. Check the loan agreement before assuming an earlier payoff will lower the cost.
Evaluate Other Options: Sometimes, alternatives like personal loans or emergency savings accounts provide more affordable terms.
Understand Your Terms Clearly: Know exactly what APR and repayment terms your lender offers before agreeing.

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