Loan Offer Comparison
Two or three loan offers can look similar until you add up the totals. Enter each offer’s amount, rate, tenure and fees to compare them side by side — the offer with the lowest total payable is highlighted automatically.
Offer 1
Offer 2
Offer 3 (optional)
| Feature | Offer 1 | Offer 2 | Offer 3 |
|---|---|---|---|
| Loan amount | - | - | - |
| Annual rate | - | - | - |
| Term | - | - | - |
| Monthly Installment (EMI) | - | - | - |
| Total Interest | - | - | - |
| Total Payable | - | - | - |
The cheapest offer is highlighted based on total payable. Processing fees, insurance or later conditions are not included in this calculation — read the offer letter yourself before deciding. This is an estimate, not financial advice.
How to use
- Enter the loan amount, annual rate and term in months for Offer 1 and Offer 2 (Offer 3 is optional).
- Press Compare — EMI, total interest and total payable will show side by side.
- The cheapest offer is highlighted automatically, based on total payable.
Tips
- Enter the same loan amount in every offer, or the totals will mislead you.
- Watch the fees column — a low rate with high fees can be more expensive than a higher rate with no fees.
- The highlighted cheapest offer is by total payable; if cash flow matters more, compare the monthly figures instead.
Frequently Asked Questions (FAQ)
What does the loan comparison tool do?
It compares 2 to 3 loan offers side by side and highlights the offer with the lowest total payable.
What do I enter for each offer?
The loan amount, annual rate and term in months for each offer; the third offer is optional.
How does it pick the cheapest offer?
It totals each offer's full repayment and highlights the one with the lowest total payable, which is not always the one with the lowest rate.
Are fees included in the comparison?
No. Processing fees, insurance or later conditions are not included, so read the offer letter yourself before deciding.