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Loan Comparison Calculator

This calculator will help you to compare the total interest charges of four different loans.

Instructions: To calculate the payment amount and the total interest of any fixed term loan, simply fill in the 3 left-hand cells of the first row and then click on "compute." Use the other three rows to see what effects are produced by changing any one of the loan's original variables.

# of
Payments		 Interest
Rate		 Principal Monthly
payment		 Total
Interest
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The information provided by this calculator is for illustrative purposes only. The figures shown may not be applicable to your individual situation and accuracy is not guaranteed. Be sure to consult a financial professional prior to relying on the results.