Total Cost Comparison: $10,000 Loan with Immediate Repayment
Final amount paid over the life of each loan
Lender A Fixed Future Bank total cost: $14,245 over 10 years.
Lender B EduFlex Loans ranges from $15,000 at lowest rate to $22,032 at highest rate over 15 years.
Lender C SmartLend total cost: $15,596 over 10 years.
*Lender B shows a range due to variable interest rate (5.5% - 12%)
Cost Accumulation Over Time
Total paid towards each loan over time
*Shows cumulative amount paid from loan disbursement through final payment