Loan Comparison Calculator
Compare up to 3 loan offers to find the best option for you.
Compare Loans
Loan Option 1
Loan Option 2
Loan Option 3
Comparison Results
| Details | Option 1 | Option 2 | Option 3 |
|---|---|---|---|
| Monthly EMI | — | — | — |
| Total Interest | — | — | — |
| Total Payment | — | — | — |
FAQs
What should I look for when comparing loans?
Compare: 1) Interest rate, 2) EMI amount, 3) Total interest paid, 4) Processing fees, 5) Prepayment charges, 6) Tenure flexibility.
Is the lowest EMI always best?
No! Longer tenure means lower EMI but more total interest. Balance affordability with total cost.
Should I negotiate loan terms?
Absolutely! Banks often have room to negotiate interest rates, especially if you have good credit or existing relationship.
What's a good interest rate in Nepal?
Home loans: 10-14%, Car loans: 12-16%, Personal loans: 14-18%. Shop around and negotiate!
Can I switch loans later?
Yes, loan refinancing or balance transfer is possible, but check prepayment penalties on your current loan.