Help me understand and compare a loan ⚠️:
**Loan amount:** [[AMOUNT]]
**Term:** [[TERM]] months
**Purpose:** [[PURPOSE]]
**Offers (interest rates):** [[RATES]]
Deliver:
1. **Total cost calculation** for each offer (interest + fees)
2. **Effective annual interest rate** explained
3. **Monthly payment** per offer
4. **Comparison:** Which offer is cheapest and why?
5. **Hidden costs** to watch out for (processing fees, residual debt insurance)
6. **Early repayment** – how much can I save by paying off early?
7. **Checklist** before I sign
⚠️ Not financial advice.