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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Disclaimer: Swoop Funding LLC (“Swoop”) is a financial technology platform and commercial finance broker, not a lender. Swoop does not provide loans or make credit decisions. We match US-based firms with third-party lenders, equity funds, and grant agencies. All financing is subject to lender credit approval and the specific terms and conditions of the funding provider.

Broker Compensation Disclosure: Swoop provides its platform and matching services to applicants at no direct cost. We receive compensation in the form of a commission or referral fee from the finance providers in our network upon successful placement. This compensation may vary by provider and product. In certain instances, the commission paid to Swoop may influence the interest rate or terms offered by the lender, which can affect the total amount payable under your agreement.

Credit Authorization & FCRA Notice: By submitting an application or registering an account, you provide “written instructions” to Swoop under the Fair Credit Reporting Act (FCRA) to obtain your personal and/or business credit profile from consumer reporting agencies. This information is used solely to evaluate your eligibility for financing and to match you with appropriate lenders in our network.

State-Specific Disclosures:

Florida & Utah: Swoop complies with state commercial financing disclosure laws regarding the transparency of terms for non-real estate secured commercial transactions.

Entity Information: Swoop Funding LLC is a Delaware limited liability company. US Headquarters: 43 W 23rd St, New York, NY 10010, United States. Contact: hello@swoopfunding.com

General Terms: Applicants must be 18 years of age or older. All firms must be registered and operating within the United States. SBA loans are issued by private lenders and guaranteed by the U.S. Small Business Administration; Swoop is not a government agency. Please review our Terms of Use and Privacy Policy for full details.

If you have a complaint, please refer to our Complaints Policy.

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