Calculator Inputs
Use the responsive grid below. It shows three columns on large screens, two on medium screens, and one on mobile.
Plotly Graph
The chart compares how fees and total repayment grow as rollovers increase.
Formula Used
Total Fees
Total Repayment
Fee per $100
Effective Cost Rate
Approx APR
Daily Cost
This calculator gives an annualized estimate for comparison. Actual lender disclosures may use jurisdiction specific rules, rounding methods, and mandatory notices.
How to Use This Calculator
- Enter the loan amount you expect to receive.
- Add the lender’s finance fee and any origination charge.
- Enter the extension fee if the loan may roll over.
- Choose how many rollovers you want to test.
- Set the term in days and the disbursement date.
- Enter monthly income to estimate repayment pressure.
- Optionally include a late fee for a higher-cost scenario.
- Press the calculate button to show results above the form.
- Use the CSV or PDF buttons to export your estimate.
Example Data Table
| Loan Amount | Finance Fee | Origination Fee | Extension Fee | Rollovers | Late Fee | Term Days | Total Due | Fee per $100 | Approx APR |
|---|---|---|---|---|---|---|---|---|---|
| $300.00 | $45.00 | $10.00 | $0.00 | 0 | $0.00 | 14 | $355.00 | $18.33 | 477.98% |
| $500.00 | $75.00 | $20.00 | $30.00 | 1 | $0.00 | 14 | $625.00 | $25.00 | 325.89% |
| $700.00 | $105.00 | $25.00 | $35.00 | 2 | $15.00 | 14 | $915.00 | $30.71 | 266.92% |
These rows are sample scenarios for comparison only.
Frequently Asked Questions
1. What does APR mean here?
APR annualizes the borrowing cost so short term loans can be compared more easily. It does not always match the lender’s official disclosure exactly.
2. Why do rollovers increase total repayment so quickly?
Each rollover usually adds another extension fee and more borrowing days. That raises total fees, delays payoff, and can keep the balance expensive.
3. Is total repayment the same as the loan amount?
No. Total repayment includes the original loan plus finance fees, origination charges, extension costs, and any late fee you choose to include.
4. Should I include a late fee before I am late?
Use the late fee option for stress testing. It helps you see a worse case result, but you should leave it off for a normal on-time payment estimate.
5. What is fee per $100 borrowed?
It shows how much the loan costs for every $100 borrowed. This makes fee-heavy offers easier to compare when loan amounts differ.
6. How does the income ratio help?
The income ratio compares total repayment to your monthly income. A higher percentage can signal tighter cash flow and more repayment pressure.
7. Why does the payoff date change with rollovers?
The calculator adds another full term for each rollover. More rollovers mean more days before final payoff, so the due date moves forward.
8. Are payday loan fees regulated the same everywhere?
No. Fee caps, rollover limits, disclosures, and eligibility rules vary by jurisdiction. Always compare your estimate with local laws and lender terms.