Loan Calculator
Compare loans side by side. Enter the details for each loan and see monthly payments, total interest, and grand totals.
| Total Price | $ | $ |
| Down Payment | $ | $ |
| APR | % | % |
| Term (months) | ||
| Tax Rate | % | % |
| Delivery Fees | $ | $ |
| Principal | $0.00 | $0.00 |
| Monthly Payment | $0.00 | $0.00 |
| Upfront Cost | $0.00 | $0.00 |
| Total Interest | $0.00 | $0.00 |
| Grand Total | $0.00 | $0.00 |
| NPV at 7% discount | $0.00 | $0.00 |
Monthly payment uses the standard amortization formula. Principal = Total Price − Down Payment. Upfront Cost = Down Payment + Tax + Delivery Fees. Grand Total = Principal + Total Interest + Upfront Cost.
NPV (Net Present Value) discounts each future monthly payment back to today’s dollars at the given rate, then adds the upfront cost. The loan with the lowest NPV costs the least when accounting for the opportunity cost of your money.