All Loans > Personal Loans > Commerce Bank Personal Loans Calculator

Important disclosure

Commerce Bank Personal Loans Calculator & Overview

Updated 19 Aug 2023

Fact checked

Commerce Bank was founded in 1865 and is considered the 61st largest commercial bank in the United States. Forbes has named Commerce Bank on its “America’s Best Banks” list for 13 consecutive years. Today, it offers a full line of banking services, including loan and deposit services, payment solutions, investment management, and financial planning.

Personal loans can be used for almost anything, although specific lenders may impose restrictions on their use. It is important to make sure that your repayments are prompt and consistent. Want to find out if a Commerce Bank personal loan is your best option? Use the Commerce Bank personal loans calculator to determine your monthly payments and the total costs of your personal loan.

Personal loans have an annual percentage rate (APR) varying from around 3% to 36% APR. The interest rates you can receive will depend on a range of factors, such as your credit score, income, and debt-to-income ratio. On a loan of $10,000 over 5 years, the cost could vary between $10,781 and $21,680. The interest cost is between $781 and $11,680.

Commerce Bank personal loans at a glance

Commerce Bank offers secured and unsecured personal loans for whatever you need. You can use the funds to pay off a higher-interest debt or to make big purchases. You can even use it for a new car, college tuition, or medical bills.

Key features and benefits of a Commerce Bank personal loan:

Loan amounts: minimum of $7,000
Loan terms: 1 month to 360 months
Repayment options: bi-weekly, monthly, yearly
Loan flexibility: apply with or without collateral
Interest rates: up to 40% APR

Requirements for a Commerce Bank personal loan

Commerce Bank expects loan applicants to have the following information on hand when they call, click, or visit any branch nearest to them:

Purpose of the loan
Social Security Number
Gross monthly and other sources of income
Current employer’s name and address
Previous employer’s name and address (if at current job less than 2 years)
Co-applicant information (if applicable)
Information about the collateral used to secure the loan (if applicable)

Commerce Bank personal loan calculator

Loan amount

Term

Provider

Product Information

EST Monthly
Repayment

Interest
Rate

Repayment
Period

Loan
Amounts

Sort loans by

Loan Amount

$20,000

Term

3 months

Change

Commerce Bank personal loans

Estimated Month Repayments

$723 Inclusive of fees

Interest Rate

18.00%
APR

Repayment Period

1 month
to 360 months

Loan Amounts

$7,000
to $20,000

Go to site

Borrow for whatever you need, and get competitive rates and fixed monthly payments.

Featured

Wells Fargo personal loans

Estimated Month Repayments

$606 Inclusive of fees

Interest Rate

5.74%
APR

Repayment Period

12 months
to 84 months

Loan Amounts

$3,000
to $10,000

Go to site

Checking and savings accounts and credit cards for your everyday business expenses and cash management.

Featured

Eastman Credit Union personal loans (Shared Secured Personal Loan)

Estimated Month Repayments

$848 Inclusive of fees

Interest Rate

29.90%
APR

Repayment Period

12 months
to 12 months

Loan Amounts

$1,000
to $20,000

Go to site

ECU offers extraordinary products & services that make life just a little easier.

SeeLoans.com provides factual information about financial products. While SeeLoans.com attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on SeeLoans.com is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product, you will be dealing directly with that provider and not with SeeLoans.com. SeeLoans.com recommends reading the relevant product disclosure statement or product guide before taking up any financial product offer. Please view SeeLoans.com's Terms of Use for more information.

Minimum and maximum loan periods vary between 1 month and 10 years. Annual Percent Rates (APR) vary between 4.99% and 35.99% p.a. Total interest repayments vary between $592 and $916 over the life of the loan. *APR is based on an unsecured loan of $20,000 over a term of 3 years. WARNING: This APR is true only for the examples and may not include all charges. Different terms, fees or loan amounts might result in a different APR. These rates can change without further notice.

Frequently asked questions

What are the available loan amounts for borrowers at Commerce Bank?

The minimum loan amount for a Commerce Bank personal loan is $7,000.

What are the repayment terms available for a Commerce Bank personal loan?

You have between 1 month and 360 months to repay your personal loan from Commerce Bank .

What rates can I expect from a Commerce Bank personal loan?

Potential rates for a Commerce Bank secured loan vary and can be up to 40% APR.

Can I submit my application online?

Yes, Commerce Bank has an easy online application process for their personal loan products.

What are the available rate discount options?

Rate discount of 0.25% is available if you set up automatic payments for your Commerce Bank personal loan. Rate discount of 0.25% is also available if the loan is used for debt consolidation purposes.