Calculators

Rank competing loan offers by true cost of capital, not headline rate.

Rank competing loan offers by true cost of capital, not headline rate. Accounts for origination, exit and other fees over the actual term, and returns an effective rate, total cost and fee burden in basis points for each — so a 'cheaper' rate with heavy fees sorts correctly.

post/api/v1/tools/compare_loan_offers

Request

  • Base URL: https://relendi.com
  • URL: https://relendi.com/api/v1/tools/compare_loan_offers
  • Auth: none declared

Request body

Response

The computed result.

tool'compare_loan_offers' required
deterministicboolean
resultobject required

Result fields: ranked.lenderName, ranked.loanAmount, ranked.interestRate, ranked.term, ranked.effectiveRate, ranked.totalInterestCost, ranked.totalFeeCost, ranked.totalCost, ranked.costPerMonth, ranked.feeBurdenBps, cheapest, note.

Changes

No recorded changes to this operation across all 1 revision of this API.