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Loan Comparison Calculator

Finance & Investment

Equal payment vs equal principal — total interest compared

Quick Answer

Loan Comparison Calculator: Equal payment vs equal principal — total interest compared. Loan Comparison Calculator uses standard finance formulas to compute accurate results instantly.

Loan A

Loan B

Interest difference (A − B)

+¥99,464

B saves ¥99,464 in interest

MetricLoan ALoan BDiff (A−B)
Monthly payment¥4,546¥4,270+¥276
Total interest¥636,723¥537,259+¥99,464
Total repayment¥1,636,723¥1,537,259+¥99,464
Interest/principal63.7%53.7%—

Verdict

  1. 1B is cheaper by ¥99,464 (9.9% of principal)
  2. 2But B's monthly payment is ¥276 lower — easier cash flow

💡 Every 0.1% rate difference on ¥1M/30yr ≈ ¥20k interest. Equal-principal (等额本金) saves interest but starts ~25% higher monthly; equal-installment (等额本息) is easier on cash flow — choose principal if early-year budget allows. Also compare prepayment penalties and LPR repricing dates.

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How to Use

  1. Enter amounts and terms: fill principal, rate and period in the Loan Comparison Calculator (defaults work for a quick try).
  2. Instant results: key figures and cost breakdown update live as you type.
  3. Compare scenarios: tweak any parameter to compare costs and returns across plans.
  4. Copy key numbers: one-click copy for records or sharing with your advisor.

Key Points

  • Loan Comparison Calculator is a free online finance tool — open and use, no sign-up.
  • All calculations run locally in your browser; your data never leaves the device.
  • Key capability: Equal payment vs equal principal — total interest compared.
  • Results come with formulas and reference tables so you can verify every number.

Formula & How It Works

Loan Comparison Calculator formula

Loan Comparison Calculator uses standard finance formulas to compute accurate results instantly.

FAQ

How do I use the Loan Comparison Calculator?
Open the page and fill in the input fields — results update automatically. Equal payment vs equal principal — total interest compared.
Are the results accurate?
Yes. Standard financial formulas and published rate data are used. For official figures, consult your financial institution.
Is it free? Do I need to sign up?
Completely free. No registration, login or download required.
Can I use the results for financial decisions?
Results are for reference. Consult a licensed financial advisor before major decisions.
Does it work on mobile?
Yes. Fully responsive on phones, tablets and desktops.

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Source & Updates

Based on published rate tables and standard financial formulas. Last updated: 2025-07

Authoritative sources:

Last updated:

Formulas and content on this page are reviewed by the YiJianSuan team. For reference only — official sources prevail.

Maintained and periodically reviewed by the YiJianSuan editorial team — review process in ourEditorial Policy.

Cite this page: YiJianSuan. Loan Comparison Calculator[EB/OL]. https://www.yijiansuan.com/en/c/finance/loan-compare

Results provided by this tool are for reference only and do not constitute professional advice.