Comparison Parameters
Enter details to compare Sharia vs Conventional financing
Conventional Loan
Traditional interest-based financing
Monthly Payment$1,910
Total Amount$114,607
Total Interest$14,607
Sharia Finance
Islamic compliant financing (Murabaha)
Monthly Payment$1,917
Total Amount$115,000
Total Profit$15,000
Comparison Summary
Conventional financing is cheaper by:
$393
0.3% difference