How should loan plans be compared?
Use different rates and terms for the same amount. Review the monthly payment first, then total cost including interest and fees. A longer term may lower the payment while raising total repayment.
Which metric matters most?
Monthly payment shows budget pressure while total cost captures the full expense. Use the APR calculator for mandatory costs and the debt-to-income calculator for affordability. APR calculator · Measure debt load.
What should you do after comparing?
Open the selected scenario in the loan calculator and review its repayment schedule. Then check the contract for fees, insurance, late payment and early repayment terms. Loan calculator.