Free calculator
Loan Comparison Calculator
Two lender offers, two calculators, one answer. Drop in the rate, term, and fees from each loan to see which actually costs less over the life of the loan.
Offer A
Offer B
A · Monthly payment
$425
A · Total cost
$26,291
A · Interest
$5,491
A · Cash received
$19,200
B · Monthly payment
$445
B · Total cost
$26,687
B · Interest
$6,687
B · Cash received
$20,000
Verdict
Offer A wins by $397
Lifetime cost includes origination fees + every monthly payment. Use this number — not the APR alone — to choose between loans.
This calculator provides general loan projections only and is not individualized financial advice or a loan offer. Confirm actual APR, fees, and terms with your lender before borrowing.