Loan Comparison Calculator

Use this Loan Comparison Calculator to help you determine the loan financing amount and payment options that are best for you. The results will be displayed in a table format of columns and rows of information.

Term of Loan
(number of months or years to borrow)

Term of loan: Months Years

Payment Frequency
(how you choose to repay the loan)

Monthly Semi-monthly Weekly Bi-weekly

The Loan Comparison Calculator will create a table of loan payment information. In the first column, along the left edge of the table, various interest rates will be displayed. Select the beginning and ending interest rate for the Loan Comparison Calculator to use, along with the increments by which the rate will increase in the table (e.g., 1% or .5%).

Low Interest Rate High Interest Rate Rate Increments

You can have the Loan Comparison Calculator calculate the amount to borrow in the various columns. Select the starting and ending payment amounts that you can afford.

Low Payment Amount High Payment Amount

OR...

By selecting the beginning and ending amounts to borrow - the Loan Comparison Calculator will calculate a table of payment amounts to be displayed in the various columns.

Low Amount to Borrow High Amount to Borrow


Note: The Loan Comparison Calculator is intended to provide approximate information about your loan payments and does not constitute an offer to extend credit. Your actual payment information may vary. Please contact the credit union for exact payment information.