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Loan Comparison Calculator

This loan calculator assumes that the interest rate will remain fixed for the life of the loan as well as the same number of monthly repayments and length of the loan. Thanks to Web Winder for providing this useful tool.

Loan Comparison Calculator
This calculator will help you to compare the total interest charges of four different loans.

Instructions: To calculate the payment amount and the total interest of any fixed term loan, simply fill in the 3 left-hand cells of the first row and then click on "compute." Use the other three rows to see what effects are produced by changing any one of the loan's original variables.

# of
Payments
Interest
Rate
Principal Monthly
payment
Total
Interest
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Always read the disclaimer and consult a finance professional before acting on any information found here.