Financial Calculators
Loan Comparison Calculator
Compare up to three loan offers side by side with monthly payment, total interest, total cost, and APR locally in your browser.
Compare loan offers before you commit.
Enter the loan amount, annual interest rate, term in years, and any upfront fees for up to three loans. The calculator shows the monthly payment, total interest paid, total cost including fees, and the effective APR for each loan. This private browser comparison helps you evaluate offers; confirm exact terms, fees, and conditions with each lender before deciding. Your values are not uploaded or stored.
Frequently Asked Questions
Everything you need to know about this tool, how it works, and privacy.
What does the loan comparison calculator show?
Enter the loan amount, annual interest rate, term in years, and any upfront fees for up to three loans. The calculator shows the monthly payment, total interest paid, total cost including fees, and the effective APR for each loan in a comparison table.
How is the effective APR calculated?
The effective APR includes upfront fees spread over the loan term: APR = ((total interest + fees) / loan amount) x (1 / term in years) x 100. This gives a more complete picture than the nominal rate alone.
Can I compare loans with different terms?
Yes. You can compare loans with different amounts, rates, terms, and fees. The calculator handles each loan independently and displays the results side by side.
Do my loan values leave my browser?
No. The calculation runs locally in your browser. CodeASystem does not upload or store the loan details you enter.