Loan Calculator
This calculator provides estimated payments - your actual payment will be set during the loan approval process.
The calculator is pre-filled in for a $100,000 loan for 5 years at 6.00% to be disbursed two months from today with the first payment due on March 15. Change one or more values to test your desired loan.
A loan estimate will require the following:
- The amount of money you wish to borrow (no commas).
- The number of years you wish to take the loan out for (number of annual payments you wish to make).
- The interest rate based on your desired loan term (see the
current Interest rate page for available rates and terms - enter 6.00 for a loan rate of 6.00%).
- The date when you would like the loan disbursed (this will default to 2 months from today - average time to fund a loan). Click on the calendar icon next to the date to use the date picker.
Loans disbursed between August 31 and March 14 will not have a loan payment due the following year. Payments due on Saturday and Sunday are due the following business day.
BCPL Loan Amortization Calculator