Loan Comparison

Compare two different loan structures to see which one saves you more money and time.

$
%

Fees

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$
$

Features & Extra

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$

$
%

Fees

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$
$

Features & Extra

$
$

Total Savings (Inc. Fees)

$267,110.60

Savings with Loan B

Time Saved

10.4 Years

Difference in loan duration

Lowest Total Cost

$829,500.08

Lower total repayment including fees

Detailed Comparison

MetricLoan ALoan BDifference
Total Periodic Outgoing$3,046.14$3,494.54$448.40
IO Term0 yrs0 yrs0 yrs
Upfront Fees$0.00$600.00$600.00
Total Interest Paid$596,610.69$321,395.08$275,215.60
Total Cost (Inc. Fees)$1,096,610.69$829,500.08$267,110.60
Years to Pay Off30.0 yrs19.6 yrs10.4 yrs

Loan Balance Over Time

Visual comparison of how quickly each loan is paid off.

  • Loan A Balance
  • Loan B Balance
0123456789101112131415161718192021222324252627282930Years$0k$150k$300k$450k$600k