Date: January 23, 2018
The loan comparison calculator compares two loan products and provides information on each loan’s total cost, (principal Interest & Fees) together with the monthly repayment amount.
Key Calculator Assumptions
Length of Month
It is assumed that each month is of equal length.
Calculated dollar amounts are rounded to the nearest whole dollar.
The results shown are based on the assumption of a constant interest rate throughout the nominated term of each loan.
Other fees and charges may apply during the nominated term which may influence the overall cost of the loan.
The Calculator calculates estimated repayments and borrowing costs based on the information provided.
Applications for finance are subject credit approval. Full terms and conditions will be included in any loan offer. Fees and charges are payable.