Loan Comparison Calculator
Compare up to 4 loan offers to find the best option for your needs. Enter loan details below and see side-by-side comparisons.
Loan Option 1
Loan Option 2
Loan Option 3
Loan Option 4
Loan Comparison Results
Lowest Interest Rate
5.50%
Bank A
Lowest Monthly Payment
$823
Online Lender C
Lowest Total Cost
$54,964
Peer-to-Peer D
Shortest Term
3 years
Peer-to-Peer D
| Lender | Loan Amount | Interest Rate | Term | Monthly Payment | Total Interest | Fees | Total Cost |
|---|---|---|---|---|---|---|---|
|
⭐
Peer-to-Peer D
|
$50,000 | 6.25% | 3 years | $1527 | $4,964 | $0 | $54,964 |
|
Credit Union B
|
$50,000 | 6.00% | 4 years | $1174 | $6,364 | $500 | $56,864 |
|
Bank A
|
$50,000 | 5.50% | 5 years | $955 | $7,303 | $1,000 | $58,303 |
|
Online Lender C
|
$50,000 | 5.75% | 6 years | $823 | $9,238 | $750 | $59,988 |
🏆 Our Recommendation
Peer-to-Peer D offers the best overall value with the lowest total cost of $54,964.
- • Monthly Payment: $1527
- • Interest Rate: 6.25%
- • Loan Term: 3 years
- • Total Interest: $4,964
- • You could save $5,025 compared to the most expensive option.