Loan Comparison Calculator

Compare multiple loan options side by side to find the best financing solution for your needs. Analyze monthly payments, total interest costs, and overall loan expenses.

✓ Compare up to 5 loans
✓ Side-by-side analysis
✓ Total cost comparison
✓ Savings calculator

Compare Loan Options

Compare up to 5 loans side by side

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How to Compare Loans Effectively

Key Comparison Metrics

  • Monthly Payment: Impact on your monthly budget
  • Total Interest: Cost of borrowing over loan life
  • APR: True cost including fees
  • Total Cost: Principal + all interest payments

Smart Shopping Tips

  • Compare APR: Not just interest rates
  • Shop within 14-45 days: Minimize credit impact
  • Consider total cost: Not just monthly payment
  • Read terms: Check for penalties and fees

How to Use This Calculator

1

Enter Loan Details

Input loan amount, APR, and term for each option you want to compare.

2

Compare Results

View side-by-side comparisons of payments and total costs.

3

Choose Best Option

Select the loan that offers the best value for your situation.