Loan Comparison Calculator

How do you compare two loans?

Comparing loans means looking beyond the headline interest rate. For each loan, this calculator finds the monthly payment, the total interest and the total repayment from the amount, rate and tenure. A loan with a lower rate but a longer tenure can cost more overall than a higher-rate loan repaid quickly, so the total payment is the clearest measure of cost. At the same time, the monthly payment reflects affordability. These figures are estimates and exclude fees, which vary by lender and country — add them to each offer before you decide.