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Loan Comparison Calculator

Use this calculator to see the change in total interest charges that result from making any changes to an original loan's variables.

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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