Loan comparison calculator
Line up to four offers, fees included. See which one is cheapest overall, which has the lowest payment, and whether that changes if you pay the loan off early.
| Offer | Payment | APR | Total interest | Total cost |
|---|---|---|---|---|
| Credit union 5 yrcheapest | $615.35 | 8.49% | $6,921 | $36,921 |
| Online lender 5 yr | $601.00 | 9.68% | $6,060 | $37,560 |
| Bank 6 yrlowest payment | $525.85 | 8.35% | $7,861 | $38,161 |
Total cost = all payments + upfront fees. "Cost if repaid" adds the payoff balance at that date. Amounts differ? Compare APR rather than totals.
Paste an offer, AI fills the column
Copy the terms from a lender email or disclosure. The AI pulls out amount, rate, term and fees; nothing is stored.
Ask about these numbers
An AI analyst reads your inputs and results above and explains them. The calculator works without it.
Reading loan offers side by side
Lenders compete on different dials. One advertises a low rate and takes a large origination fee; another has no fee but a higher rate; a third stretches the term so the payment looks small. The only fair comparison puts everything on the same scale: what you pay in total, and what you pay if life changes and you repay early.
In the example, the online lender's 7.49% rate looks cheapest, but its $1,500 fee pushes its APR above the credit union's. The bank's 72-month term has the lowest payment and the highest total cost. Set a payoff horizon of 2 years and see how fees weigh even more when you don't keep the loan to the end.
Need the maths behind APR? The APR calculator walks through it. Comparing a refinance against your existing loan instead? Use the refinance calculator.