Comparing ANZ Breakfree vs NAB Choice Package

Lender ANZNAB
Home Loan BreakfreeChoice Package
Interest Rate 6.57%6.29%
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 NAB Choice Package Variable Home Loan provides customers with a lower interest rate than the Standard Variable. The NAB Choice Package Variable Loan provides features that otherwise are not available to customers on the Standard Variable product. […] More

Sample Loan Amount $400,000$400,000
Sample Minimum Deposit $40,000 (10%)$20,000 (5%)
Initial Monthly Repayment $2,547$2,473
Sample Term 30 years30 years
Home Loan Type VariableVariable
Application Fee $0$0
Monthly Fee $0$0
Annual Fee $375$395
Sample Cost
1 Years
$30,936$30,074
Savings After
1 Years
 Save $861
100% Offset Account YesYes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction Yes 
More Information