# See How Payday Loan Rollover Fees Eclipse What You Borrowed | SB Loan > See how renewal charges pile up in seconds. Slide through each rollover cycle and watch payday loan fees overtake your original principal fast. Источник: https://sbloan.net/tools/rollover-simulator/ --- FREE TOOL · NO SIGN-UP # Rollover Fee Simulator for Payday Loans Missed the due date? Each "rollover" pays only the fee while the full amount remains outstanding. Move the sliders to uncover what repeated renewals truly cost. AV **Reviewed by [Andre Vargas, AFC®](/authors/andre-vargas/)** · Last updated May 24, 2026 ## Your loan Amount borrowed $100**$300**$1,000 Fee per $100 borrowed $10**$17.50**$30 Number of rollovers (renewals) 0**3**10 Assumes a standard 14-day term per cycle. A rollover pays the fee only — the principal is not reduced. Total fees paid $262 on a $300 loan you still owe in full Principal still owed**$300** Total you will repay**$562** Effective APR**456%** Fees vs. amount borrowed **Considering another renewal:** the majority of states mandate that a licensed lender provides an **Extended Payment Plan** annually at no charge — be sure to request it. An alternative like a credit-union [Payday Alternative Loan](/payday-loan-alternatives/) (28% APR cap) or an earned-wage advance could pay off your balance for much less than the price of rolling it over again. ## Why rollovers are the most expensive part of a payday loan When you borrow using a payday loan, you agree to a single, fixed finance charge for a brief period—most often 14 days. The real cost emerges only if you cannot repay the full amount—principal plus that initial charge—when the calendar reaches the due date. At that point, the lender may offer a *rollover*: a renewal that lets you pay just the finance charge to buy another term, leaving the original principal untouched and still due. Because the principal balance never decreases during a rollover, each new term triggers the same flat fee again. Research by the Consumer Financial Protection Bureau shows that most revenue from payday lending originates with borrowers who renew repeatedly, accumulating charges that eventually meet or surpass the size of the initial loan itself. ## How this simulator calculates cost Think of the total cost as the per-cycle fee multiplied by every period you hold the loan—including the first one plus any rollovers. To find the fee for one cycle, divide your loan amount by 100, then multiply by the stated charge per $100. The principal returns to the lender only at the very end. The Effective APR converts that 14-day cycle price into an annualized rate, giving you a standardized way to compare the cost no matter how many times the loan renews. ## How to break the cycle Consider a [Payday Alternative Loan from a credit union](/payday-loan-alternatives/), which carries far lower costs, or look into earned-wage access and nonprofit emergency grants that can settle your balance without adding interest. You may also request an **Extended Payment Plan (EPP)**—an installment schedule that many state laws require lenders to provide at no extra charge. If the debt has already grown unmanageable, review our guide on [what to do when you can't repay](/guides/what-if-you-cant-repay/) for a clear walkthrough of your legal protections. ## Frequently asked questions Can you explain what a payday loan rollover is? A rollover—sometimes called a renewal—occurs when you reach the due date without enough funds to cover both the principal and the finance charge. You pay only the fee, and the lender extends the loan term, adding another identical charge to what you already owe. What are the typical fees for a rollover? Each renewal adds the full original fee back onto your balance. With a charge of $17.50 per $100, a $300 loan that rolls over four times accumulates roughly $262 in fees—while you still owe the entire $300 principal. Is it possible for a lender to repeatedly roll over my loan? No. State regulations impose caps, outright prohibitions, mandatory cooling-off periods, or database checks that limit how many times a loan can renew. Specific rules vary by location; consult your [state payday-loan guide](/state/) for the exact limits where you live. **Note:** This educational tool estimates costs using a flat fee per 14-day cycle and assumes a single repayment of principal at the end. Real-world charges, rollover restrictions, and annual percentage rates depend on the laws of your state and the contract terms of your lender. SB Loan operates as a lead-generation service, not a direct lender, and never charges users a fee. This content is for general education and does not constitute professional financial advice. #### Explore more affordable choices upfront Evaluate payday loans alongside other solutions that avoid renewal cycles — options like PALs, earned-wage access, and others. [Compare alternatives](/payday-loan-alternatives/) 🔒 No application required to browse --- #### Additional resources - [Affordability checker](/tools/affordability-checker/) - [Payday vs. alternatives](/tools/payday-vs-alternatives/) - [Loan cost calculator](/tools/cost-calculator/)