Copyright 2002-2005 Long, Cook & Samsa, Inc. All rights reserved.

Loan Comparison Calculator This calculator will help you to compare the total interest charges of four different loans.

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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