Borrowing & Debt
Loan Comparison Calculator
Put up to three scenarios next to each other and see how payment, fees and total repayment actually differ. The tool reports factual metrics only and does not name a best option.
Side by side comparison
| Metric | Scenario A | Scenario B |
|---|---|---|
| Estimated monthly payment | $2,075.84 | $1,533.83 |
| Upfront cost | $2,000 | $3,500 |
| Net proceeds after fees | $98,000 | $96,500 |
| Total interest | $24,550 | $28,842 |
| Balloon due at end | $0 | $0 |
| Total repayment | $126,550 | $132,342 |
- Lowest monthly payment: Scenario B.
- Lowest total repayment: Scenario A.
- Lowest upfront cost: Scenario A.
These labels identify the lowest value for each individual metric only. Kennify does not rank scenarios or identify a best option, and the figures depend entirely on the inputs you entered.
This calculator is an educational estimator. Results are illustrations based only on the values you enter. Kennify is not a bank, lender or financial adviser, does not make financing decisions, and does not guarantee approval, rates, terms or eligibility. Financing, if available, is provided by independent third-party providers under their own criteria.
How this works
Each scenario is calculated independently using standard amortization math at the amount, rate and term you enter.
Origination fees and closing costs are combined into an upfront cost and subtracted from the amount to show net proceeds.
If you enter a balloon payment, the scheduled payment is reduced accordingly and the balloon is added into the total repayment figure.
What your result means
The lowest monthly payment and the lowest total repayment are often different scenarios. A longer term usually buys a smaller payment at a higher total cost.
Net proceeds show what actually reaches you after fees, which can make two offers with the same face amount quite different.
Kennify does not rank the scenarios or recommend one. The highlighted labels only identify which column holds the lowest value for that specific metric.
Keep reading on Kennify
Loan Comparison Calculator FAQ
Explore your financing options
When you have the numbers you need, you can review educational program pages on Kennify or begin a funding request through Kennify's financing partner.