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Loan Compare Pro Calculator

Compare up to 3 loan offers side-by-side and spot the best deal.

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How to use

  1. Enter amount, APR and term for up to three loan offers (all three are shown; set unused ones to the same values).
  2. Tap Compare loans.
  3. Read the side-by-side table - ✓ Best marks the lowest monthly payment, lowest interest and lowest total cost.

Worked example

Three offers for 20,000:

LOWEST TOTAL COSTLoan A
  • Loan A: 7.5% for 48 months - 484/month, 3,219 interest
  • Loan B: 9.0% for 60 months - 415/month, 4,910 interest
  • Loan C: 11.5% for 36 months - 660/month, 3,743 interest
Loan B has the lowest monthly payment but costs about 1,700 more in interest than Loan A.

Common questions

Should I pick the lowest monthly payment?

Not automatically - a longer term lowers the payment but usually raises total interest. Compare total cost first, then check the payment fits your budget.

Compare APR or interest rate?

APR - it includes mandatory fees and shows the true yearly cost of each offer.

Can I compare different amounts?

Yes, but total interest is easiest to compare when amounts match; use it to judge rate and term differences from lenders.