Two loans, one winner
Enter both offers. The math updates live as you type.
Loan A
Loan B
Loan A results
Monthly payment
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Interest share
Loan B results
Monthly payment
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Interest share
Enter both loans to compare.
Standard amortization math. Actual offers depend on lender terms, fees and credit. Not financial advice.
Frequently asked questions
How is the monthly payment calculated?
With the standard amortization formula: payment = P x r(1+r)^n / ((1+r)^n - 1), where r is the monthly rate and n is the number of payments. Total interest is payment times n minus the loan amount.
Why does the lower rate not always win?
Term length matters as much as rate. A longer term at a lower rate can still cost more total interest than a shorter term at a slightly higher rate. That is exactly what this comparison reveals.
Does this include fees or taxes?
No. This compares the pure loan math only. Origination fees, insurance, taxes and prepayment penalties can change the real winner, so always read the lender's full terms.
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