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Compare two loans

See how different terms and rates change the total cost.

A lower monthly payment isn't always cheaper overall. A longer term usually means smaller monthly payments but more interest paid in total. This tool compares the numbers — the right choice depends on your full picture, which this tool can't see.

Punt provides financial education, not financial advice. For regulated advice, consult an authorised financial advisor or contact MABS (mabs.ie) for free money advice.


Loan A

€5,000

3 years

9.0%

Lender type

Monthly payment

€159/ month

Total cost of credit€5,724
Total interest€724

Based on the details entered above.

A lower monthly payment isn't always cheaper overall. A longer term usually means smaller monthly payments but more interest paid in total. This tool compares the numbers — the right choice depends on your full picture, which this tool can't see.

Monthly payment

Loan A

€159

Loan B

€104

Loan B pays €55 less (34.7% difference)

Total interest

Loan A

€724

Loan B

€1,227

Loan A pays €503 less (69.5% difference)

Total repaid

Loan A

€5,724

Loan B

€6,227

Loan A pays €503 less (8.8% difference)

This is a comparison of the numbers you entered, not a recommendation.

Loan B

€5,000

5 years

9.0%

Lender type

Monthly payment

€104/ month

Total cost of credit€6,227
Total interest€1,227

Based on the details entered above.

A guide, not financial advice. Actual rates and terms vary by lender. Always check the lender's official quote before signing. This is a comparison of the numbers you entered, not a recommendation.