There are so many variables in borrowing that comparing loans can be difficult. But Peach Home Loans' comparison calculator sorts out many of the financial issues. You can then compare apples with apples.

Just insert the details of two different loan products into the respective columns. Include for each:
• the loan amount (a);
• loan period (b);
• repayments (c); or
• (any two of these details and press the appropriate compute icon and let icon the computer calculate the third variable for you!),

Then put in the rest of the the information requested like monthly fees, interest only options etc.

The right-hand column of the table then compares the two loan products for you. A summary of important items for each home loan appears at the middle of the table in the light orange output cells. This summary refers to the total life of the loan as entered in the input cells.

Wise borrowers rarely retain the same finance product for the entire life of the home loan. They monitor the changing economic climate and refinance appropriately to reap the rewards of new lending products.

To aid in the comparison of loans over a portion of the total loan period the Peach Comparison Calculator can also assist. It generates a summary of important items for each loan at the bottom of the table in the light orange output cells. This summary refers to the first 'x' years, of each loan, where 'x' is the entered as the Loan Calculation Period (item h).

This calculator is intended to be indicative, not comprehensive. Please note the disclaimer below.