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Loan Comparison Calculator

This free calculator will help you to decide which loan to choose. You can compare up to four different loans and figure out the monthly payments and total interest.

Instructions: To calculate the payment amount and the total interest of any fixed term loan, simply fill in the 3 left-hand cells of the first row and then click on "compute." Use the other three rows to see what effects are produced by changing any one of the loan's original variables.

# of
Payments
Interest
Rate
Principal Monthly
payment
Total
Interest
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