Back to Calculators
Loan Comparison Calculator
A lower rate is not always the cheaper loan. Compare two offers properly, fees included.
AKR Financial Solutions
Compare two loan options side by side, including fees, to see which is cheaper over the life of the loan.
$
yrs
Loan A
%
$
Loan B
%
$
Cheaper option over the loan term
Loan B
Loan A monthly
$3,635.97
Loan B monthly
$3,558.82
Loan A total cost
$1,326,949
Loan B total cost
$1,293,025
Loan B works out $33,924 cheaper over the full term, including fees.
Comparing real loan offers?
Send us the details of the loans you're weighing up and we'll help you read between the headline rates.
This is an estimate only and doesn't account for individual circumstances or lender-specific rules. Speak with AKR Financial Solutions for a precise figure.
AKR Financial Solutions · akrfinancial.com.au
Comparisons are indicative only and don't include discharge, redraw or offset account features. Talk to a broker
What this tells you, and what it does not
This calculator compares two loans side by side on rate, fees and total cost over the full term, so you can see which one is genuinely cheaper once everything is added up.
It assumes both loans run the full term with no rate changes, and does not reflect offset accounts, redraw or comparison rate nuances. A broker can read between the headline rates and find the right loan for you.