Loan Comparison Calculator

Looking to compare loans? Our loan comparison calculator can help you find the best loan for your needs. Simply enter in your loan amount, interest rate, and term to see the total cost of the loan.

Loan 1Loan 2Loan 3Loan 4
Loan Amount
Interest Rate
Term (years)
Please, Enter all values correctly.
Loan 1Loan 2Loan 3Loan 4
Monthly Payment
Monthly Difference
Annual Difference

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What is a loan comparison calculator?

loan comparison calculator is an online tool that helps people compare different loans. This makes it easier for people to find the best loan for their needs.

It is important to compare loans based on interest rates, fees, and repayment terms.

There are a few different things that you’ll need to compare when you’re using a loan comparison calculator.

8 most important factors to consider for loan comparison

 Loan Amount

The first thing you’ll need to enter into the calculator is the loan amount. This is the amount of money that you’re looking to borrow.

Interest Rate

The interest rate is the amount of interest that will be charged on the loan. This is expressed as a percentage.

Loan Term

The loan term is the length of time that you have to repay the loan. This is typically expressed in years.

Repayment Schedule

The repayment schedule is the frequency with which you’ll make payments on the loan. This can be monthly, weekly, or bi-weekly.

Prepayment Penalty

A prepayment penalty is a fee that’s charged if you pay off the loan early. This is something that you’ll want to avoid if possible.

Origination Fee

An origination fee is a fee charged by the lender for processing the loan. This is typically a percentage of the loan amount.

Late Payment Fee

A late payment fee is a fee charged by the lender if you make a payment after the due date. This is something that you’ll want to avoid if possible.

Balloon Payment

A balloon payment is a lump sum payment that’s due at the end of the loan term. This is something that you’ll want to avoid if possible.


 The Loan Comparison Calculator is a web-based tool that allows users to compare and compare rates for different loan products. The tool is easy to use and can help users make an informed decision about which loan product is best for them.

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