Personal Loan Comparison Calculator
Compare up to 3 personal loan offers side by side to find the best deal for your needs.
Compare Loan Offers
Enter details for each loan offer to see which one saves you the most money
How to Compare Personal Loans
Look Beyond the Interest Rate
A lower interest rate doesn't always mean a better deal. Consider the total cost including fees, the loan term, and monthly payment. A shorter term with slightly higher rate often costs less overall.
Watch for Fees
- Origination fees: 1-8% added to loan cost
- Prepayment penalties: Fees for early payoff
- Late payment fees: Usually $25-50
- Application fees: Some lenders charge these
Consider the Term
- Shorter terms: Higher payments, less total interest
- Longer terms: Lower payments, more total interest
- Choose based on your budget and goals
- Can you afford the monthly payment comfortably?
Where to Get Loan Offers
- Banks: Traditional lenders, may have relationship discounts
- Credit Unions: Often lower rates for members
- Online Lenders: Fast approval, competitive rates
- Peer-to-Peer: Alternative option for some borrowers