Loan Comparison Calculator
Compare up to three loans on rate, term, and fees: monthly payments, total interest, total cost, and a verdict on which loan wins by how much. Free, client-side.
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What is Loan Comparison Calculator?
Loan Comparison Calculator puts up to three loan offers on the same principal side by side: enter each rate, term, and fees, and get monthly payments, total interest, and total cost including fees - with the cheapest loan highlighted and the exact savings versus the worst offer stated in plain numbers.
Key Benefits
- Total-cost comparison beats comparing headline rates
- Fees are included, so fee-heavy offers cannot sneak past
- Savings number doubles as a negotiation lever
- Winner highlighted instantly as you edit any offer
- Private and instant - offers never leave your device
Common Use Cases
- •Ranking bank and credit-union offers for a car or personal loan
- •Deciding between a short high-rate loan and a long low-rate one
- •Checking whether a refinance offer really beats the current loan
- •Preparing a side-by-side sheet for a family loan decision
How to Compare Loan Offers
- Enter the amount: Type the loan amount all offers share - it is the baseline of the comparison.
- Fill each offer: For each loan enter the annual rate, term in years, and any fees; enable the third column if needed.
- Read the verdict: Compare monthly payments and totals, then use the highlighted winner and savings number when negotiating.
Key Features
- Up to three loans compared on one shared principal
- Monthly payment, total interest, and total cost including fees per loan
- Winner highlighted with exact savings versus the worst option
- Third loan optional via checkbox - only when you have a third offer
- Per-loan validation for missing or negative rate and term
- Pure client-side math - offers stay on your device