Loan Comparison Calculator

Compare multiple loan offers side by side. Find the best deal by total cost including fees and interest.

Best Value

Amount

Rate %

Term (months)

Fees

Monthly

$483.58

Total Interest

$3,211.75

Total Cost

$3,411.75

Amount

Rate %

Term (months)

Fees

Monthly

$386.66

Total Interest

$3,199.36

Total Cost

$3,699.36

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Find the Best Loan Deal

Shopping for the best loan means more than finding the lowest interest rate. Our side-by-side comparison reveals the true cost of each option including fees, so you make the smartest financial decision.

The Hidden Cost of Longer Terms

A 72-month auto loan has lower monthly payments than a 48-month loan, but the total interest can be 50-80% higher. Always compare total cost, not just monthly payment.

Frequently Asked Questions

How do I compare loan offers?

Don't just compare monthly payments — look at total cost (interest + fees) over the full term. A lower monthly payment with a longer term often costs more overall. Our calculator shows total cost for each option.

Should I choose the lowest rate or lowest payment?

Usually choose the lowest total cost, which factors in both rate AND term. A 5.5% rate for 48 months beats a 5% rate for 72 months in total interest for most loan amounts.

What fees should I consider?

Include origination fees, application fees, closing costs, and any other one-time charges. These vary widely between lenders and can make a 'lower rate' loan more expensive overall.