Loan comparison calculator
Compare payments, interest and fees for two loan offers.
Your estimate
Offer A: monthly EMIBDT 16,607.15
- Offer A: interest
- BDT 97,857.58
- Offer A: upfront fee
- BDT 5,000.00
- Offer A: total paid including fee
- BDT 602,857.58
- Offer B: monthly EMI
- BDT 16,369.36
- Offer B: interest
- BDT 89,296.91
- Offer B: upfront fee
- BDT 5,000.00
- Offer B: total paid including fee
- BDT 594,296.91
- Difference in total paid
- BDT 8,560.67
- Lower total paid
- Offer B
Results update as you change the numbers.
Sample inputs. Enter your own rates and fees. See assumptions below.
Formula, example & assumptions
Behind the answer
How it works
Total cost per offer = EMI × months + principal × upfront fee rate.
Total cost per offer = EMI × months + principal × upfront fee rate.
A worked example
At 0%, 12,000 over 12 months plus a 1% fee costs 12,120 in total.