Calculador Tae -
Even though Bank B has a lower nominal rate, its TAE is higher. Bank A is cheaper.
Guía Definitiva del Calculador TAE: Cómo Entender el Coste Real de tus Préstamos calculador tae
$$ \textTAE = \left[ \left(1 + \fracrf\right)^f - 1 \right] \times 100 $$ Even though Bank B has a lower nominal