Loan Comparison Calculator

Pick a mode: compare two loans with different amounts or rates, the same principal at two terms, two offers including upfront fees, or secured vs unsecured scenarios. All math uses the standard amortizing loan payment formula.

Loan comparison

ModeTwo different loansSame amount, two termsTwo loans with upfront feesSecured vs unsecured (two offers)

Loan A / Loan B

Loan A amount

Loan A rate (%)

Loan A term (years)

Loan B amount

Loan B rate (%)

Loan B term (years)

Loan amount

Rate (%)

Term 1 (years)

Term 2 (years)

Loan A amount

Loan A rate (%)

Loan A term (years)

Loan A upfront fees

Loan B amount

Loan B rate (%)

Loan B term (years)

Loan B upfront fees

Compare a secured offer (often lower rate) vs an unsecured offer.

Secured amount

Secured rate (%)

Secured term (years)

Unsecured amount

Unsecured rate (%)

Unsecured term (years)

Enter values to calculate.

How this is calculated

Monthly payment and total interest use the same engine as our loan calculator. With fees, we add one-time upfront costs to total paid for a quick apples-to-apples view.

Use this tool for

Shopping personal loans, comparing 15- vs 30-year mortgages, weighing refinance offers, or seeing how collateral changes the rate you need to break even.

Common questions

How is the payment calculated?

We use the standard amortization formula: rate and term determine the monthly payment.

Is this a substitute for a lender quote?

No. Use for planning; actual terms depend on your lender and situation.