Walmart Is Selling 'Phenomenal' $23 Loafers That Look So Similar to a Designer Style That's Almost 11x the Price

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Don't let the summer enthusiasts get you down, because no matter what anyone tells you — it's loafers season. The minute you feel a breeze outside means you can pull out your cozy white socks and adorable loafers for any fall outfit you've been waiting to wear. Walmart has had the perfect shoe finds lately, like these gorgeous knee-high boots .

The retailer's latest offering is the Time and Tru Penny Loafers , which you need on your shoe rack ASAP. Available in black, brown, burgundy, and silver, these loafers look just like a luxury style that's almost eleven times the price. The sizes range from 6 to 11, and you can calculate your size on Walmart's website using the fit predictor.

Time and Tru Penny Loafers, $23 at Walmart

These "phenomenal," slip-on loafers feature a low heel (slightly platform) and memory foam insole for ultimate comfort. You can rock them to a friend's dinner or throughout the workday, as they are the ideal combo of professional and stylish.

"I cant believe these are under $25," one shopper wrote. "They look like another well-known brand, but the Time and Tru loafers have a great cushy insole and are a fraction of the cost. Love them so much I bought the silver and the brown." That other well-known brand may just be Banana Republic, who offer eerily similar loafers.

Banana Republic Navarre Penny Loafer, $250 at Banana Republic

The Navarre Penny Loafer sells for $250 and comes in classic burgundy red, cognac brown, black, and bone (so very similar colorways to Walmart's version ). They run in sizes 5 to 11, showcasing leather uppers, lining, and soles. It's quite literally up to you to decide which shoe is the perfect fit for you. Either way, your feet and style will thank you!