diff --git a/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py b/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
index d6abf4f9eba..d57c8fc81ab 100644
--- a/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
+++ b/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
@@ -94,7 +94,7 @@ class LoanRepayment(AccountsController):
 
 	def book_unaccrued_interest(self):
 		precision = cint(frappe.db.get_default("currency_precision")) or 2
-		if self.total_interest_paid > self.interest_payable:
+		if flt(self.total_interest_paid, precision) > flt(self.interest_payable, precision):
 			if not self.is_term_loan:
 				# get last loan interest accrual date
 				last_accrual_date = get_last_accrual_date(self.against_loan)