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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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Top Long Distance Companies

 

Rank

Company

$/Minute

#1

 CogniState

3.45¢

#2

 Home Run

3.48¢

#3

 CogniWorld

3.49¢

#4

 TalkAmerica

3.9¢

#5

 Capsule

3.9¢

#6

 OPEX

3.9¢

#7

 Rite Rate

3.9¢

#8

 Planet 1

3.9¢

#9

 Online

3.9¢

#10

 Cube

3.9¢

 

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