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 Finance Ltd (Swoop) helps US firms access business finance, working directly with businesses and their trusted advisors. We are a credit broker and do not provide loans or other finance products ourselves. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. Swoop can introduce applicants to a number of providers based on the applicants’ circumstances and creditworthiness. Swoop may receive a commission or finder’s fee for effecting such introductions. If you feel you have a complaint, please read our complaints section highlighted above and also contained within our terms and conditions.
How Swoop makes money: In order to provide services free of charge, Swoop generates revenue through commission from companies featured on our platform. The commission we receive does not impact the cost of the product, service, or policy, and your payments remain unaffected by our commission structure.

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