Comparing ANZ Breakfree vs ANZ Simplicity Plus
| Lender |  | |
| Home Loan | Breakfree | Simplicity Plus |
| Interest Rate | 6.57% | 6.72% |
| Summary | The ANZ Breakfree Package offers discounts and benefits for certain ANZ home and investment loans, as well as other products and services available through ANZ. Additionally, this loan package offers reduced interest rates below the standard variable interest rate rated up to 0.6% for the entire loan term. This discount is linked to how much is borrowed from ANZ, with the larger discounts reserved for amounts in excess of $700,000. […] More | The ANZ Simplicity PLUS Home Loan is a simple, no frills home loan with a low variable interest rate for the life of your loan. It was Editor's Choice for ‘Basic variable loan’ in Your Mortgage Magazine, December 2008. […] More |
| Sample Loan Amount | $400,000 | $400,000 |
| Sample Minimum Deposit | $40,000 (10%) | $40,000 (10%) |
| Initial Monthly Repayment | $2,547 | $2,586 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | Variable | Variable |
| Application Fee | $0 | $600 |
| Monthly Fee | $0 | $0 |
| Annual Fee | $375 | $0 |
| Sample Cost 1 Years |
$30,936 | $31,637 |
| Savings After 1 Years |
Save $701 | |
| 100% Offset Account |  | |
| Extra Repayments | | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
