Calculators
Loans
Loan Restructure Comparison
Your lender has offered to change your loan. Compare the options side by side: a lower monthly payment usually means paying more interest overall.
Your loan today
$
%
What the lender is offering
%
$
Cheapest option: Pay extra each month
$1,430.92 in total interest · 27 months
| Option | Term | Monthly | Total interest | Total paid | Vs. today |
|---|---|---|---|---|---|
| Keep current terms | 36 months | $332.14 | $1,957.15 | $11,957.15 | baseline |
| Interest-only period | 42 months | $100.00then $332.14 | $2,557.15 | $12,557.15 | 30.7% more interest |
| Longer term | 48 months | $263.34 | $2,640.24 | $12,640.24 | 34.9% more interest |
| Lower rate + longer term | 48 months | $248.85 | $1,944.82 | $11,944.82 | 0.6% less interest |
| Pay extra each month | 27 months | $432.14 | $1,430.92 | $11,430.92 | 26.9% less interest |
Keep current terms, so nothing changes. Every other row is measured against this one.
29 Sept 2026