Compare loan offers side by side so you can see which one is cheaper and easier to live with.
Who this is for
People comparing multiple loan offers and trying to pick the better one.
What to type in
Each loan option with its amount, rate, term, and fees.
Start with the assumptions, then use the interpretation below to compare tradeoffs without bouncing between sections.
Put your loan offers side by side so the calculator can show which one costs less.
Up to 4 loan offers with independent terms.
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Use this if you want to understand how the calculator works, not just plug in numbers.
Step 1
Provide each loan's amount, note rate, term in months, and upfront fees.
Step 2
Optionally add an APR field for lender disclosure context.
Step 3
Review monthly payment, total interest, total cost, and the winner by lowest all-in cost.
These cover the assumptions, tradeoffs, and edge cases behind the calculator.
Use the calculator for the math, then use these guides to make the decision with more confidence.
Debt Payoff
Compare avalanche and snowball payoff plans and inspect month-by-month remaining balances.
Mortgage
Calculate monthly PITI payment, review an amortization schedule, and compare rate, down-payment, and term sensitivity.
50/30/20 Budget
Split take-home pay into needs, wants, and savings with baseline 50/30/20 or custom ratio budgeting in one clear view.
Emergency Fund
Set a 3, 6, 9, or 12-month emergency-fund target, track progress, and estimate time-to-goal from your monthly savings rate.