 |
| Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
Loan Comparison Calculator
Loan Comparison Calculator to compare the monthly payments and total interest payments between two loans. Compare two loans and see which loan is a better deal and works better for you.
Loan Comparison Result |
||
Loan |
Loan 1 | Loan 2 |
|---|---|---|
Loan Amount |
$20,000.00 | $20,000.00 |
Monthly Payment: |
$391.32 | $292.17 |
Total # Of Payments: |
60 | 84 |
Start Date: |
Jan, 2025 | Jan, 2025 |
Payoff Date: |
Dec, 2031 | Dec, 2031 |
Total Interest Paid: |
$3,479.38 | $4,542.37 |
Total Payment: |
$23,479.38 | $24,542.37 |
Total Savings: |
$1,062.99 | $0.00 |
Loan 1 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Jan, 2025 | 1 | $108.33 | $282.99 | $391.32 | $19,717.01 | |
| Feb, 2025 | 2 | $106.80 | $284.52 | $391.32 | $19,432.49 | |
| Mar, 2025 | 3 | $105.26 | $286.06 | $391.32 | $19,146.42 | |
| Apr, 2025 | 4 | $103.71 | $287.61 | $391.32 | $18,858.81 | |
| May, 2025 | 5 | $102.15 | $289.17 | $391.32 | $18,569.64 | |
| Jun, 2025 | 6 | $100.59 | $290.74 | $391.32 | $18,278.90 | |
| Jul, 2025 | 7 | $99.01 | $292.31 | $391.32 | $17,986.59 | |
| Aug, 2025 | 8 | $97.43 | $293.90 | $391.32 | $17,692.69 | |
| Sep, 2025 | 9 | $95.84 | $295.49 | $391.32 | $17,397.21 | |
| Oct, 2025 | 10 | $94.23 | $297.09 | $391.32 | $17,100.12 | |
| Nov, 2025 | 11 | $92.63 | $298.70 | $391.32 | $16,801.42 | |
| Dec, 2025 | 12 | $91.01 | $300.32 | $391.32 | $16,501.11 | |
| Jan, 2026 | 13 | $89.38 | $301.94 | $391.32 | $16,199.16 | |
| Feb, 2026 | 14 | $87.75 | $303.58 | $391.32 | $15,895.59 | |
| Mar, 2026 | 15 | $86.10 | $305.22 | $391.32 | $15,590.37 | |
| Apr, 2026 | 16 | $84.45 | $306.88 | $391.32 | $15,283.49 | |
| May, 2026 | 17 | $82.79 | $308.54 | $391.32 | $14,974.95 | |
| Jun, 2026 | 18 | $81.11 | $310.21 | $391.32 | $14,664.74 | |
| Jul, 2026 | 19 | $79.43 | $311.89 | $391.32 | $14,352.86 | |
| Aug, 2026 | 20 | $77.74 | $313.58 | $391.32 | $14,039.28 | |
| Sep, 2026 | 21 | $76.05 | $315.28 | $391.32 | $13,724.00 | |
| Oct, 2026 | 22 | $74.34 | $316.98 | $391.32 | $13,407.02 | |
| Nov, 2026 | 23 | $72.62 | $318.70 | $391.32 | $13,088.31 | |
| Dec, 2026 | 24 | $70.90 | $320.43 | $391.32 | $12,767.89 | |
| Jan, 2027 | 25 | $69.16 | $322.16 | $391.32 | $12,445.72 | |
| Feb, 2027 | 26 | $67.41 | $323.91 | $391.32 | $12,121.81 | |
| Mar, 2027 | 27 | $65.66 | $325.66 | $391.32 | $11,796.15 | |
| Apr, 2027 | 28 | $63.90 | $327.43 | $391.32 | $11,468.72 | |
| May, 2027 | 29 | $62.12 | $329.20 | $391.32 | $11,139.52 | |
| Jun, 2027 | 30 | $60.34 | $330.98 | $391.32 | $10,808.54 | |
| Jul, 2027 | 31 | $58.55 | $332.78 | $391.32 | $10,475.76 | |
| Aug, 2027 | 32 | $56.74 | $334.58 | $391.32 | $10,141.18 | |
| Sep, 2027 | 33 | $54.93 | $336.39 | $391.32 | $9,804.79 | |
| Oct, 2027 | 34 | $53.11 | $338.21 | $391.32 | $9,466.58 | |
| Nov, 2027 | 35 | $51.28 | $340.05 | $391.32 | $9,126.53 | |
| Dec, 2027 | 36 | $49.44 | $341.89 | $391.32 | $8,784.64 | |
| Jan, 2028 | 37 | $47.58 | $343.74 | $391.32 | $8,440.90 | |
| Feb, 2028 | 38 | $45.72 | $345.60 | $391.32 | $8,095.30 | |
| Mar, 2028 | 39 | $43.85 | $347.47 | $391.32 | $7,747.83 | |
| Apr, 2028 | 40 | $41.97 | $349.36 | $391.32 | $7,398.47 | |
| May, 2028 | 41 | $40.08 | $351.25 | $391.32 | $7,047.23 | |
| Jun, 2028 | 42 | $38.17 | $353.15 | $391.32 | $6,694.08 | |
| Jul, 2028 | 43 | $36.26 | $355.06 | $391.32 | $6,339.01 | |
| Aug, 2028 | 44 | $34.34 | $356.99 | $391.32 | $5,982.03 | |
| Sep, 2028 | 45 | $32.40 | $358.92 | $391.32 | $5,623.11 | |
| Oct, 2028 | 46 | $30.46 | $360.86 | $391.32 | $5,262.24 | |
| Nov, 2028 | 47 | $28.50 | $362.82 | $391.32 | $4,899.42 | |
| Dec, 2028 | 48 | $26.54 | $364.78 | $391.32 | $4,534.64 | |
| Jan, 2029 | 49 | $24.56 | $366.76 | $391.32 | $4,167.88 | |
| Feb, 2029 | 50 | $22.58 | $368.75 | $391.32 | $3,799.13 | |
| Mar, 2029 | 51 | $20.58 | $370.74 | $391.32 | $3,428.39 | |
| Apr, 2029 | 52 | $18.57 | $372.75 | $391.32 | $3,055.63 | |
| May, 2029 | 53 | $16.55 | $374.77 | $391.32 | $2,680.86 | |
| Jun, 2029 | 54 | $14.52 | $376.80 | $391.32 | $2,304.06 | |
| Jul, 2029 | 55 | $12.48 | $378.84 | $391.32 | $1,925.22 | |
| Aug, 2029 | 56 | $10.43 | $380.89 | $391.32 | $1,544.32 | |
| Sep, 2029 | 57 | $8.37 | $382.96 | $391.32 | $1,161.36 | |
| Oct, 2029 | 58 | $6.29 | $385.03 | $391.32 | $776.33 | |
| Nov, 2029 | 59 | $4.21 | $387.12 | $391.32 | $389.21 | |
| Dec, 2029 | 60 | $2.11 | $389.21 | $391.32 | $0.00 | |
Loan 2 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Jan, 2025 | 1 | $100.00 | $192.17 | $292.17 | $19,807.83 | |
| Feb, 2025 | 2 | $99.04 | $193.13 | $292.17 | $19,614.70 | |
| Mar, 2025 | 3 | $98.07 | $194.10 | $292.17 | $19,420.60 | |
| Apr, 2025 | 4 | $97.10 | $195.07 | $292.17 | $19,225.53 | |
| May, 2025 | 5 | $96.13 | $196.04 | $292.17 | $19,029.49 | |
| Jun, 2025 | 6 | $95.15 | $197.02 | $292.17 | $18,832.46 | |
| Jul, 2025 | 7 | $94.16 | $198.01 | $292.17 | $18,634.46 | |
| Aug, 2025 | 8 | $93.17 | $199.00 | $292.17 | $18,435.46 | |
| Sep, 2025 | 9 | $92.18 | $199.99 | $292.17 | $18,235.46 | |
| Oct, 2025 | 10 | $91.18 | $200.99 | $292.17 | $18,034.47 | |
| Nov, 2025 | 11 | $90.17 | $202.00 | $292.17 | $17,832.47 | |
| Dec, 2025 | 12 | $89.16 | $203.01 | $292.17 | $17,629.46 | |
| Jan, 2026 | 13 | $88.15 | $204.02 | $292.17 | $17,425.44 | |
| Feb, 2026 | 14 | $87.13 | $205.04 | $292.17 | $17,220.39 | |
| Mar, 2026 | 15 | $86.10 | $206.07 | $292.17 | $17,014.32 | |
| Apr, 2026 | 16 | $85.07 | $207.10 | $292.17 | $16,807.23 | |
| May, 2026 | 17 | $84.04 | $208.13 | $292.17 | $16,599.09 | |
| Jun, 2026 | 18 | $83.00 | $209.18 | $292.17 | $16,389.91 | |
| Jul, 2026 | 19 | $81.95 | $210.22 | $292.17 | $16,179.69 | |
| Aug, 2026 | 20 | $80.90 | $211.27 | $292.17 | $15,968.42 | |
| Sep, 2026 | 21 | $79.84 | $212.33 | $292.17 | $15,756.09 | |
| Oct, 2026 | 22 | $78.78 | $213.39 | $292.17 | $15,542.70 | |
| Nov, 2026 | 23 | $77.71 | $214.46 | $292.17 | $15,328.24 | |
| Dec, 2026 | 24 | $76.64 | $215.53 | $292.17 | $15,112.71 | |
| Jan, 2027 | 25 | $75.56 | $216.61 | $292.17 | $14,896.11 | |
| Feb, 2027 | 26 | $74.48 | $217.69 | $292.17 | $14,678.42 | |
| Mar, 2027 | 27 | $73.39 | $218.78 | $292.17 | $14,459.64 | |
| Apr, 2027 | 28 | $72.30 | $219.87 | $292.17 | $14,239.76 | |
| May, 2027 | 29 | $71.20 | $220.97 | $292.17 | $14,018.79 | |
| Jun, 2027 | 30 | $70.09 | $222.08 | $292.17 | $13,796.71 | |
| Jul, 2027 | 31 | $68.98 | $223.19 | $292.17 | $13,573.53 | |
| Aug, 2027 | 32 | $67.87 | $224.30 | $292.17 | $13,349.22 | |
| Sep, 2027 | 33 | $66.75 | $225.42 | $292.17 | $13,123.80 | |
| Oct, 2027 | 34 | $65.62 | $226.55 | $292.17 | $12,897.25 | |
| Nov, 2027 | 35 | $64.49 | $227.68 | $292.17 | $12,669.56 | |
| Dec, 2027 | 36 | $63.35 | $228.82 | $292.17 | $12,440.74 | |
| Jan, 2028 | 37 | $62.20 | $229.97 | $292.17 | $12,210.77 | |
| Feb, 2028 | 38 | $61.05 | $231.12 | $292.17 | $11,979.65 | |
| Mar, 2028 | 39 | $59.90 | $232.27 | $292.17 | $11,747.38 | |
| Apr, 2028 | 40 | $58.74 | $233.43 | $292.17 | $11,513.95 | |
| May, 2028 | 41 | $57.57 | $234.60 | $292.17 | $11,279.34 | |
| Jun, 2028 | 42 | $56.40 | $235.77 | $292.17 | $11,043.57 | |
| Jul, 2028 | 43 | $55.22 | $236.95 | $292.17 | $10,806.62 | |
| Aug, 2028 | 44 | $54.03 | $238.14 | $292.17 | $10,568.48 | |
| Sep, 2028 | 45 | $52.84 | $239.33 | $292.17 | $10,329.15 | |
| Oct, 2028 | 46 | $51.65 | $240.53 | $292.17 | $10,088.63 | |
| Nov, 2028 | 47 | $50.44 | $241.73 | $292.17 | $9,846.90 | |
| Dec, 2028 | 48 | $49.23 | $242.94 | $292.17 | $9,603.96 | |
| Jan, 2029 | 49 | $48.02 | $244.15 | $292.17 | $9,359.81 | |
| Feb, 2029 | 50 | $46.80 | $245.37 | $292.17 | $9,114.44 | |
| Mar, 2029 | 51 | $45.57 | $246.60 | $292.17 | $8,867.84 | |
| Apr, 2029 | 52 | $44.34 | $247.83 | $292.17 | $8,620.01 | |
| May, 2029 | 53 | $43.10 | $249.07 | $292.17 | $8,370.94 | |
| Jun, 2029 | 54 | $41.85 | $250.32 | $292.17 | $8,120.62 | |
| Jul, 2029 | 55 | $40.60 | $251.57 | $292.17 | $7,869.05 | |
| Aug, 2029 | 56 | $39.35 | $252.83 | $292.17 | $7,616.23 | |
| Sep, 2029 | 57 | $38.08 | $254.09 | $292.17 | $7,362.14 | |
| Oct, 2029 | 58 | $36.81 | $255.36 | $292.17 | $7,106.77 | |
| Nov, 2029 | 59 | $35.53 | $256.64 | $292.17 | $6,850.14 | |
| Dec, 2029 | 60 | $34.25 | $257.92 | $292.17 | $6,592.22 | |
| Jan, 2030 | 61 | $32.96 | $259.21 | $292.17 | $6,333.01 | |
| Feb, 2030 | 62 | $31.67 | $260.51 | $292.17 | $6,072.50 | |
| Mar, 2030 | 63 | $30.36 | $261.81 | $292.17 | $5,810.69 | |
| Apr, 2030 | 64 | $29.05 | $263.12 | $292.17 | $5,547.57 | |
| May, 2030 | 65 | $27.74 | $264.43 | $292.17 | $5,283.14 | |
| Jun, 2030 | 66 | $26.42 | $265.76 | $292.17 | $5,017.39 | |
| Jul, 2030 | 67 | $25.09 | $267.08 | $292.17 | $4,750.30 | |
| Aug, 2030 | 68 | $23.75 | $268.42 | $292.17 | $4,481.88 | |
| Sep, 2030 | 69 | $22.41 | $269.76 | $292.17 | $4,212.12 | |
| Oct, 2030 | 70 | $21.06 | $271.11 | $292.17 | $3,941.01 | |
| Nov, 2030 | 71 | $19.71 | $272.47 | $292.17 | $3,668.54 | |
| Dec, 2030 | 72 | $18.34 | $273.83 | $292.17 | $3,394.72 | |
| Jan, 2031 | 73 | $16.97 | $275.20 | $292.17 | $3,119.52 | |
| Feb, 2031 | 74 | $15.60 | $276.57 | $292.17 | $2,842.95 | |
| Mar, 2031 | 75 | $14.21 | $277.96 | $292.17 | $2,564.99 | |
| Apr, 2031 | 76 | $12.82 | $279.35 | $292.17 | $2,285.64 | |
| May, 2031 | 77 | $11.43 | $280.74 | $292.17 | $2,004.90 | |
| Jun, 2031 | 78 | $10.02 | $282.15 | $292.17 | $1,722.75 | |
| Jul, 2031 | 79 | $8.61 | $283.56 | $292.17 | $1,439.20 | |
| Aug, 2031 | 80 | $7.20 | $284.98 | $292.17 | $1,154.22 | |
| Sep, 2031 | 81 | $5.77 | $286.40 | $292.17 | $867.82 | |
| Oct, 2031 | 82 | $4.34 | $287.83 | $292.17 | $579.99 | |
| Nov, 2031 | 83 | $2.90 | $289.27 | $292.17 | $290.72 | |
| Dec, 2031 | 84 | $1.45 | $290.72 | $292.17 | $0.00 | |
Boat Loan Calculator
Biweekly Loan Calculator
Extra Payment Loan Calculator
Reverse Loan Calculator
Balloon Loan Calculator
Refinance Calculator
Recasting Calculator
Home Equity Loan Calculator
Simple Loan Calculator
USDA Loan Calculator
VA Loan Calculator
FHA Loan Calculator
Interest Only Loan Calculator
Loan Payoff Calculator
Car Loan Calculator
Personal Loan Calculator
Loan Calculator Excel
RV Loan Calculator
Business Loan Calculator
HELOC Loan Calculator
Land Loan Calculator
Commercial Loan Calculator
Construction Loan Calculator
Student Loan Calculator
Loan Amortization Calculator
Auto Loan Calculator
Home Loan Calculator
Loan Payment Calculator
Loan Comparison Calculator
Loan Interest Calculator
Loan Balance Calculator
Credit Card Calculator
Mortgage Loan Calculator
Bridge Loan Calculator
Piggyback Loan Calculator
Line of Credit Loan Calculator
PMI Calculator
APR Calculator
APY Calculator
Today's Home Equity Rates
Check Today's Mortgage Rates
Loan Calculator | Terms | Privacy | Disclaimer | Contact
©2025 Loan Calculator