Personal Loan Comparison Calculator
Compare personal loan options, interest rates, and repayment terms. Calculate monthly payments, total interest costs, and find the best loan option for your financial needs.
Step 1: Loan Details
7.5%
Loan Comparison Tips
Compare APRs (Annual Percentage Rates) rather than just interest rates. Consider loan fees, early repayment charges, and flexibility of terms when choosing a loan.
Step 2: Compare Options
£312/month
£447/month
£203/month
700
Smart Borrowing
Shorter terms usually have lower interest rates but higher monthly payments. Consider your monthly budget and total interest paid when choosing a loan term.
Loan Comparison Results
Summary
Payment Breakdown
Loan Comparison
Your Estimated Monthly Payment
£312
£10,000 over 36 months at 7.5% APR
Total Loan Cost
£11,232
Total Interest Paid
£1,232
Interest Rate (APR)
7.5%
Best Available Rate
6.2%
Payment Breakdown Over Loan Term
Loan Repayment Breakdown
Principal: £10,000
Total Interest: £1,232
Total Repayment: £11,232
Monthly Principal
£278
Monthly Interest
£34
Interest/Principal Ratio
12.3%
Payoff Time with +10% Payment
31 months
Loan Term Comparison
| Loan Term | Monthly Payment | Total Interest | Total Cost | Best For |
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