Comparing ANZ Breakfree vs NAB Introductory 1 Year Variable Rate
| Lender |  |  |
| Home Loan | Breakfree | Introductory 1 Year Variable Rate |
| Interest Rate | 6.57% | 6.22% |
| 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 | NAB’s 1-Year Variable Rate home loan comes with an introductory rate for the first 12 months of the term. The interest rate during the introductory period is variable rather than fixed. Once the term expires, the interest rates will revert to the NAB’s standard variable rate. […] More |
| Sample Loan Amount | $400,000 | $400,000 |
| Sample Minimum Deposit | $40,000 (10%) | $20,000 (5%) |
| Initial Monthly Repayment | $2,547 | $2,455 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | Variable | Variable |
| Application Fee | $0 | $600 |
| Monthly Fee | $0 | $10 |
| Annual Fee | $375 | $0 |
| Sample Cost 1 Years |
$30,936 | $30,181 |
| Savings After 1 Years |
Save $755 | |
| 100% Offset Account |  | |
| Extra Repayments | | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
