$ Choose between $2,500 and $35,000
Based on your selection of credit, we are unable to provide you with a payment example.

A minimum score of 660 is required to qualify for a Discover personal loan. You can read more about the importance of your credit history on our Resource Center.

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Estimated APR:

How did we calculate this result?
Your APR will be between 6.99% and 24.99% based upon creditworthiness at time of application.

Information and interactive calculators are made available as self-help tools for your independent use and are intended for educational purposes only. Any results are estimates, and we do not guarantee the applicability or accuracy to your specific circumstance.

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Locked in a Fixed Loan Rate
Lock in a Fixed Rate
We offer competitive fixed rates from 6.99% to 24.99% APR.
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Choose Your Monthly Payment
Find a term with monthly payments that fit your budget.
No Loan Origination Fees
$0 Fees
No closing costs, no origination fees, no prepayment penalties.
We offer competitive fixed rates from 6.99% to 24.99% APR.
Find a term with monthly payments that fit your budget.
No closing costs, no origination fees, no prepayment penalties.

Common questions about personal loans and monthly payments

Our personal loan calculator estimates a monthly payment based on the loan amount, term, and the credit score you select. Your actual payments will also be determined by your interest rate, which is based on information contained within your application.

With a Discover personal loan, you get a fixed rate. That means you'll lock in your interest rate, so your monthly payments will remain the same for the duration of your loan. This is typically the key difference between a line of credit and a personal loan.

In the most general terms, the higher your credit score is, the lower your interest rate and monthly payments may be. Your interest rate is determined at the time of  application based on the information you provide. Learn more about factors that impact your credit score

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Explore more personal loan articles, tools, and resources

Check the Resource Center for helpful articles and tools to help you every step of the way.