Loan Comparison

Compare payments and total costs for up to three loans.

Your numbers

Enter your numbers to see the result.

How Loan Comparison works

Calculate each loan's fixed monthly payment, total scheduled payments and entered upfront fees. Compare the total borrowing cost over each loan's own term.

A worked example

These sample values illustrate the calculation. Use your own numbers in the calculator for your result.

Example inputs

Loan A · Balance: 15000
Loan A · APR (%): 6
Loan A · Term in months: 60
Loan A · Upfront fees: 0
Loan B · Balance: 15000
Loan B · APR (%): 7
Loan B · Term in months: 48
Loan B · Upfront fees: 100

Payments and costs: Compare your options
Loan A monthly payment: $289.99
Loan A total interest: $2,399.52
Loan A total cost including fees: $17,399.52

Assumptions and limits

Rates, fees and contribution schedules are the assumptions you enter. This estimate does not include changes you have not entered.

Educational estimate only. This is not personalized financial, investment or tax advice.