LoanMath

Loan Comparison Calculator

Two loan offers side by side.

Your figures stay on your computer — no server, no tracking, no registration
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Try: Plan A amount=20000, Plan A APR=6.5, Plan A term=5, Plan B amount=20000, Plan B APR=5.5, Plan B term=6 → $391, $43,479, $327, $43,527, $65, Plan A

How to use

Drop in two sets of amount, rate and term to see which has the lower payment and lower total cost, including principal.

Formula

Compare PMT(A) vs PMT(B) and total cost = payments + principal.

FAQ

Lowest payment wins?

Not always — check total cost, which includes the term length.

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