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Comparison Rate Calculator

The comparison rate, or true rate, is the interest rate plus certain fees and charges related to the finance. This is can be more useful than the standard interest rate when comparing lenders.

Fields marked with * are required.

Comparison Interest Rate Calculator:
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"Residual Value"

A lump sum owed to the financier at the end of a loan's term, expressed either as a dollar value or a percentage of the amount borrowed. If you are unsure whether you require a residual, leave this value as 0%.

*
*
Residual / balloon (percentage):
%
*
* (i.e. at the start of the month)
(e.g. establishment fee, settlement fee)
(as opposed to it being added to your loan amount)
(i.e. fee paid when your loan ends)
(e.g. monthly account keeping fee)
per

Disclaimer: While we make every attempt to give you the best possible tools and information, Stratton Finance Pty Ltd, its agents, employees and accredited lenders will accept no responsibility for any loss that may arise.

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Original URL: http://www.strattonfinance.com.au/car-finance/calculators-tools/comparison-interest-rate-calculator.aspx

Stratton Finance offers finance and insurance for cars, properties, equipment and more. Visit us online at http://www.strattonfinance.com.au, or call 1300 STRATTON (1300 787 288).

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