Compare 3 Different Loans Calculator

This calculator will output the monthly payments you have to make on 3 different loans and will allow you to compare which loan is more expensive for you and which one is cheaper. All you have to do is enter the # of payments you expect to make over the life of the loan, the applicable interest rate and the principal balance owing.

 

Loan #1
# of Payments
Interest Rate %
Principal
Monthly Payment for Loan #1
Loan #2
# of Payments
Interest Rate %
Principal
Monthly Payment for Loan #2
Loan #3
# of Payments
Interest Rate %
Principal
Monthly Payment for Loan #3