Loan Comparison Calculator

Compare up to three loan offers side by side. See which option saves you the most money in total cost and interest — the best deal is automatically highlighted.

Enter Loan Details

Loan A

Loan Amount ($)

Interest Rate (%)

Loan Term (years)

Origination Fee ($)

Loan B

Loan Amount ($)

Interest Rate (%)

Loan Term (years)

Origination Fee ($)

Loan C

Loan Amount ($)

Interest Rate (%)

Loan Term (years)

Origination Fee ($)

Comparison Results

$0.00

Loan A — Monthly Payment

$0.00

Loan B — Monthly Payment

$0.00

Loan C — Monthly Payment

Metric	Loan A	Loan B	Loan C
Monthly Payment	$0.00	$0.00	$0.00
Total Cost	$0.00	$0.00	$0.00
Total Interest	$0.00	$0.00	$0.00
Origination Fee	$0.00	$0.00	$0.00

How to Compare Loans

When shopping for a loan — whether it's a mortgage, auto loan, or personal loan — it's essential to look beyond just the monthly payment. The total cost of the loan tells the full story.

Interest Rate: A lower rate saves you money over the life of the loan, but it's not the only factor.
Loan Term: A shorter term means higher monthly payments but significantly less total interest paid.
Origination Fees: Upfront fees add to your total cost. A loan with a slightly higher rate but no fees may be cheaper overall.
Total Cost: This is the sum of all monthly payments plus any fees — the true bottom-line number to compare.

Enter the details for each loan offer above and we'll automatically highlight which one is the best deal based on total cost.

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⚠️ Disclaimer: This calculator is for educational purposes only. Results are estimates based on the inputs provided. Actual loan terms, rates, and fees may vary. Consult a qualified financial professional before making borrowing decisions.