Emergency Loan Calculator
Need an Emergency Loan? Try out the Max Cash Emergency Loan Calculator to see what your estimated payments would be. Max Cash calculators are a helpful way to explore your options and plan ahead with clarity.
- Emergency
- Personal
- Payday
- Installment
- Cash Advance
Calculate Your Emergency Loan Estimate Below
| Month | Principal | Interest | Total Paid | Unapplied |
How to Use the Emergency Loan Calculator
Get a clear estimate of your emergency loan costs in seconds with our
easy-to-use calculator—just input your details.
Loan Amount
Enter the amount you need to borrow to cover your emergency expenses.
Payment Duration
Select how many months you will take to pay back your advance.
APR (%)
Enter the annual percentage rate (APR) charged on your loan.
What is a Emergency Loan & How Can Max Cash® Help you Get One?
An emergency loan is designed to cover urgent expenses like medical bills, car repairs, or unexpected costs. It offers quick access to funds when you need them most.
Max Cash helps you get an emergency loan quickly by matching you with trusted lenders through a simple, streamlined process—so you can get the money you need without delay. 2 3
Emergency Loan Calculator
Frequently Asked Questions
Need an emergency loan? Before you jump into your application, understanding your loan payments will help you get a better idea of what the repayment process will be like.
Loan Term
Your loan term is the set period of time (as outlined in your loan agreement) to pay back the entire loan amount, including the principal, interest charges, and any application fees, like origination fees. Loan terms will vary depending on the type of credit product, and often range from a couple of weeks to a few years. The longer your loan term, the lower your monthly payments will be – but you will typically pay more in interest over time.
Loan Amount
The principal loan amount is the amount you borrowed from a financial institution, bank, or online lender. The total loan amount you are expected to pay back will be determined by the principal amount, the interest charges (which are based on a percentage of the loan’s principal) and the applicable loan fees.
Interest Rate
The interest of the loan depends on the unpaid principal amount of the loan and is expressed as a percentage rate, otherwise known as the APR (annual percentage rate). Interest is the cost of borrowing money from a lender or bank, and the higher your credit risk, the greater your interest rate. Having a lower interest rate means that you have high creditworthiness and it will typically cost you less to borrow money through a loan or credit card.
Using the emergency loan calculator doesn’t have to be complicated. Simply fill out the online form and provide the estimated interest rate, along with the amount you intend to borrow and the length of time you have to pay it back.
For example, let’s say that you want to get $5,000 through a personal loan to consolidate debt, but you aren’t sure what your monthly payments will be through a 2 year loan term versus a 4 year loan term. If your interest rate is 10%, your monthly payment for a 2-year loan term will be $231.67, and for a 4-year term, it will be $126.71.
It depends on your loan’s interest rate, along with the principal loan amount and the amount of time you will have in your contract to pay back the loan. If you have a higher interest rate, you will typically pay more to borrow money through an emergency loan because you have a higher credit risk. Remember that longer loan terms tend to equal paying more in interest as well, but the trade-off is that you will likely get lower monthly payments that fit your budget. Before you sign a loan agreement, try to estimate your payoff through the emergency loan calculator and see what your payment schedule will look like over time!
Whether you need a secured or unsecured loan, emergency loans can be the fast relief you need to get your finances back on track. Use the emergency loan calculator today or fill out our online inquiry form to get the ball rolling!5