Loan comparison calculator

Choosing the right loan can save you a significant amount over time. Our Loan Comparison Calculator helps you weigh up multiple options side by side, so you can clearly see which offer suits your budget and long-term plans

This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan. Get a quote

Amortization Schedules

Why use a loan comparison calculator?

Interest rates, fees, and repayment terms vary widely between lenders. A quick comparison allows you to:

  • Understand the true cost of each loan

  • Compare monthly repayments instantly

  • Identify hidden differences in total repayment

  • Make a confident, informed choice

What the calculator shows

Simply enter the loan amount, interest rate, term, and any additional fees for each option. The calculator then provides:

  • Monthly repayments: The amount you’ll owe each month

  • Total interest: How much you’ll pay over the full term

  • Total cost of the loan: A clear figure combining principal and interest

  • Side-by-side comparison: Easy to scan and interpret

Ideal for

  • Borrowers choosing between personal loan offers

  • Homebuyers comparing mortgage products

  • Students reviewing education loan options

  • Anyone wanting a transparent breakdown before committing

Start comparing

Use the calculator to explore your options. Adjust the figures and instantly see how small changes in rates or fees can impact the overall cost. It’s a straightforward way to find the loan that truly fits your needs.

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We work with world class partners to help us support businesses with finance

Swoop Finance Limited helps UK firms access business finance by working directly with businesses and their trusted advisors. We act as a credit broker, not a lender, and do not provide loans or finance products ourselves. We introduce applicants to a panel of lenders, equity funds, and grant agencies based on individual circumstances and creditworthiness.
Commission Disclosure: We typically receive a commission from the finance provider (either a fixed fee or a fixed percentage of the amount you receive) upon successful placement. Different providers pay different rates. For certain lenders, we may have influence over the interest rate, which can impact the total amount payable under your agreement.
Regulatory Information:

  • FCA: Authorised and regulated by the Financial Conduct Authority as a credit broker (FRN: 936513) and registered as an Account Information Services Provider (Ref: 833145).

  • ICO: Registered with the Information Commissioner’s Office (Ref: ZA600162); registration can be verified at ico.org.uk.

  • Company Details: Registered in England & Wales with Companies House (No. 11163382). Registered Address: The Stable Yard, Vicarage Road, Stony Stratford, Milton Keynes, MK11 1BN. VAT Number: 300080279.

Terms: All finance and quotes are subject to status, income, and terms and conditions. Applicants must be aged 18 or over. Guarantees and indemnities may be required. Please refer to our terms and conditions and our complaints procedure for further details.

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