Free loan comparison calculator to compare existing loan with refinance. Instant results in your browser — no signup.
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Compare options and surface the better choice.
Set both sides of the comparison.
Results update when you click Compare Loans.
See which option comes out ahead.
Cheaper offer
Offer B
$944 less total than the costliest option
Offer B — lowest total payment
Best value
Best option = lowest total payment over the full term. Your cash-flow needs may still favor a lower monthly payment.
Offer A
$525.05
$31,503 total
Offer B
$509.31
$30,558 total
Side-by-side
| Metric | Offer A | Offer B |
|---|---|---|
| Amount | $25,000 | $25,000 |
| Rate | 9.50% | 8.20% |
| Term | 5 yr | 5 yr |
| Monthly | $525.05 | $509.31 |
| Total interest | $6,503 | $5,558 |
| Total payment | $31,503 | $30,558 |
Free loan comparison calculator to compare existing loan with refinance. Instant results in your browser — no signup. Each offer uses the same principal with its own rate and term. We compare total of all payments.
Each offer uses the same principal with its own rate and term. We compare total of all payments.
Same $25k: 9.5% for 5 years vs 8.2% for 5 years — lower rate usually wins on total cost.
A longer term can lower the monthly payment while increasing total interest. We highlight lowest total cost and show both metrics.