Compare the Banks

 Compare the Banks Shareware Version

Compare the Banks (CTB) is a software package which assists in the selection of a home or business\investment loan.

It does this by calculating and comparing Loan Comparison Rates. These are also referred to as APRs (annual percentage rate).

CTB calculates Loan Comparison Rates for up to 10 loan products, and ranks them in order of cheapest loan.

Loan comparison rates combine the effects of all fees and charges, initial short period interest rates, and payment period options, resulting in a single effective annual rate which can be used to compare loans.

Loan Comparison Rates are based on the Lending Institution's Internal Rate of Return, a measure of the return the lender receives on the money loaned. So, the smaller the loan comparison rate, the better for the borrower.

Comparison rates are applicable to all types of  loans, and CTB caters for Principal and Interest and Interest Only loans.

CTB also calculates periodic payments, totals fees, total interest and the overall cost of the loan.  Early termination and associated exit fees are also accounted for.

As well as helping to select a loan amongst loan products currently available, the software can be used to compare an existing loan to loan products currently on the market ie. it can assist in deciding whether to re-finance.

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Select Print Order Form from the startup screen and mail or fax your order.

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Topical Software (Australia)

ph: 61 3 9482 2296   Fax: 61 3 9482 6159

email:  sales@ts.com.au

website: www.ts.com.au