This Loan Comparison UI is designed to assist you in understanding the total cost of a loan based on various relevant factors other than the interest rate. As a result, this rate is useful when comparing loans from different lenders. The loan with the lowest interest rate is sometimes the most costeffective option. You may believe that two loans cost the same based solely on interest rates, but the comparison rate may reveal whether one loan costs more. It may also assist you in determining the loan that is best suited to your budget and longterm financial goals. You can use EdrawMax's loan comparison UI diagram to create your own.