✦ LOAN COST COMPARISON
Compare loan examples.
See the difference.
Two APRs, two repayment terms, one clear picture of monthly payments and total repayment. All calculations happen on your device.
Set up your comparison.
These are illustrative inputs, not quotes from lenders.
Example A
Example B
Assumes fixed APR, equal monthly payments and no additional fees. You can adjust both examples independently.
Difference in total repayment
Adjust the examples to compare loan costs.
per month
Total: $0.00
Interest: $0.00
per month
Total: $0.00
Interest: $0.00
Monthly and total repayment are different measures. The lower monthly payment is not always the lowest overall cost.
Open the payment calculator ↗How to compare the cost of two loan offers
Enter the same borrowed amount in both examples, then use different illustrative annual percentage rates and repayment terms. The estimates show how much would be repaid each month and in total. A longer term often reduces the monthly payment while increasing total interest.
What this comparison excludes
Upfront fees, variable rates, payment changes, penalties, and other lender-specific terms are excluded. APR can incorporate certain fees, so compare actual lender disclosures separately before deciding.
Tool calculations are for illustration. Aurora does not determine eligibility or available lending terms.
Want to see every month of repayment?
Use our loan amortization schedule and extra-payment calculator to explore how principal, interest, and remaining balance change over time.
MORE LOAN TOOLS
Compare seven loan amounts at a glance.
See $500–$10,000 payment examples across different rates and repayment terms in our interactive matrix.