Compare two fixed rate loans. Common fixed rate loans are for fixed rate home mortgages, cars, trucks, RVs and motorcycles.Finance and credit calculator for comparing or analyzing two loans or mortgages. The calculator is for fixed rate loans.
Typically fixed rate loans are used to purchase or buy cars, trucks, automobiles, recreational vehicles and homes using fixed rate mortgages.
This calculator should not be used for Adjustable Rate Mortgage (ARM), revolving lines of credit or credit card calculations, since payment are not fixed or equal month to month.
Analysis includes
- monthly payment
- total payment
- interest paid
- principal paid
- balance versus time
- amortization table calculations
- charts, graphs, plots and tables comparing the loans