Loan Comparison
Loan 1
Monthly payment2,865
Total Interest21,910
Loan 2
Monthly payment3,421
Total Interest14,185
Difference (Total Interest)
7,725
Loan 2 är billigare
Related calculators
Compare Two Loan Offers Side by Side
Run the same amortizing loan formula twice: amount, annual rate, and term in years for loan A and loan B. Compare monthly payment, total interest, and total cost in a side-by-side amortizing schedule view.
How to use
Fill both columns (Amount, Interest rate, Term). Check that monthly payment fits cash flow even when total interest is lower on one side.
Example
200,000 at 6.2% for 7 years vs 200,000 at 5.4% for 6 years: the shorter, cheaper rate often wins on interest but can still demand a higher monthly payment.
Tips
Setup fees, insurance, and effective APR from banks are excluded. Variable rates are not simulated.