Total repayment
Principal plus the entered charge
A monthly minimum
Calculate the dollar charge and the one-time payoff
Enter the full cash advanced, the finance charge due with it and the number of days until repayment. See the dollars owed before comparing the annualized percentage.
Bottom Dollar Payday is not the lender. These tools help you compare and prepare; they do not submit a loan application or promise approval. Availability and any offer come from the actual provider.
Finance charge
Charge entered for this agreement
Principal borrowed
Charge as a percentage
Charge divided by cash advanced
Annualized rate
See the repayment at a glance
Example amount$300
+Example charge$45
=Total to repay$345
Illustrative example: $300 + $45 = $345. This is not an offer or a product rate.
Local worksheet
Single-payment cost calculator
Three inputs, one advance and one payoff. Enter the total charge in dollars. All fields are required; use 0 for a genuinely zero charge.
Enter 0 where applicable. Use a decimal point and no commas. No data is sent.
Result
Method and limits
Single-payment scope only: full principal received at day 0; one payment of principal plus the entered finance charge after whole days. Repayment = principal + charge. Simple annualized rate = charge ÷ principal × 365 ÷ days × 100. No compounding, installments, withheld fees, later advances or extensions. This educational estimate is not a certified Regulation Z APR.
Start with your situation
Does the agreement fit this calculator?
Use this tool only for one advance fully received at the start and one later payment of principal plus the entered charge.
The full principal arrives now and one payoff is due later
Use the calculator with the actual charge and whole-day term. Enter the entire finance charge due at payoff, not a fee-per-$100 figure without converting it.
The fee is stated per $100
Multiply the charge per $100 by the borrowed amount divided by $100. For illustration, $15 per $100 on $300 gives $45. Enter $45 as the charge, not $15. [R26]
There are withheld fees, installments or more than one advance
Do not force the agreement into this tool. Use the offer-comparison worksheet for cash totals and obtain the creditor’s schedule or APR disclosure for the actual timing. [R33]
Read the three results as different facts
The total repayment is the money needed to clear the modeled loan. The finance charge is the entered cost. The annualized percentage expresses that charge relative to the amount and days; it is not additional money added to the payoff.
| Output | Meaning | Not the same as |
|---|---|---|
| Total repayment | Principal plus the entered charge | A monthly minimum |
| Finance charge | Charge entered for this agreement | Principal borrowed |
| Charge as a percentage | Charge divided by cash advanced | Annualized rate |
| Simple annualized rate | Charge/amount adjusted by 365/days | Dollars due after a year of repeated borrowing |
On a narrow screen, scroll inside the table to see every column.
The APR framework considers amount and timing. This narrow calculator is educational and does not certify a legal APR for every agreement. [R33]
Follow the $300 example from receipt to payoff
Illustration consistent with the CFPB’s fee example: receive $300, owe a $45 finance charge and repay after 14 days. The total payment is $345. The period charge is 15% of the $300, and simple annualization is approximately 391.07%. The payoff remains $345, not $300 plus 391.07%. [R26]
All example figures are replaceable. The calculation does not establish that this price or amount is offered, lawful or appropriate in your state. It does not include additional charges that have not been entered.
Decide whether a charge belongs in this model
This tool assumes the entered charge is paid with principal at the end. If a charge is deducted before you receive funds or paid separately at the start, the timing and net advance differ; use the relevant disclosure and a different model instead of silently moving the charge.
| Agreement detail | Use this calculator? | Action |
|---|---|---|
| One full advance and one final charge | Within the stated scope | Enter exact amount, charge and days |
| Fee withheld from proceeds | Outside this full-receipt assumption | Compare net cash separately |
| Monthly installments | Outside single-payment timing | Use a matching repayment schedule |
| Extra late or returned-payment charge | Not in the on-time base case | Read the actual conditions and model separately |
| Renewal or second advance | Changes the cash-flow pattern | Do not reuse the original term unchanged |
On a narrow screen, scroll inside the table to see every column.
Payday agreements can involve additional charges or renewal conditions. Do not assume the example charge is the only possible cost. [R26]
Check the payoff against the money left on that date
A correct cost result is not an affordability result. Place the full payoff beside income available by the due date and the essential bills that must also be paid. Do not compare a $345 obligation with a gross paycheck that already has taxes and other claims against it.
If the balance only works after another loan, the model has not established a complete repayment plan. Consider a direct arrangement or another expense-specific route before assuming a rollover.
Treat renewal as a separate scenario, not a free extension
Paying a fee to extend a permitted loan may leave the principal outstanding. The original $345 payoff does not describe the total after a new charge and later date. The calculator does not test whether renewal is available or permitted. [R26]
Keep each actual payment and date when asking for a revised total. Do not treat a fee-only payment as if it paid the same amount of principal.
Keep the calculation with the written disclosure
Record the actual principal received, charge and contractual due date beside the output. If the provider’s repayment total differs, resolve the missing fee or timing assumption before relying on the estimate.
Use the APR page to examine annualization, the repayment page for a matching monthly schedule and the comparison page for two complete offers. No data entered here is sent to a lender, and the result is not an approval or quote.
Questions before your next step
Do I enter $15 or $45 for a $300 loan charged $15 per $100?
Enter the total charge, $45. The per-$100 quote must first be converted to the full amount. [R26]
Is the annualized rate another charge added to the payoff?
No. It describes the entered cost on an annualized basis. The modeled payoff is still principal plus the entered charge.
Can I use this for a deposit reduced by an origination fee?
Not under its full-receipt assumption. Use the actual net proceeds and fee timing in the appropriate comparison and disclosure. [R33]
Related decisions
Ready for your next step?
Continue to the online application. Review the terms of any offer before you accept.
Sources and scope
Sources support general product facts, not a Bottom Dollar lender offer or endorsement. Numerical scenarios are illustrations, not available rates or terms.
