Loan Term Comparison Calculator
Enter loan amount and rate. See monthly payment and total interest for 3-, 5-, and 7-year terms.
Compare terms
Enter values to calculate.
How it works
We run the standard payment formula for each term. Shorter term = higher payment, less total interest.
When to use it
Use it to choose between term lengths for a car or personal loan.
Frequently asked questions
What about other terms?
You can use the loan calculator for any term. This compares the most common.
Include fees?
No. Only P&I. Add fees separately.