Comparing ANZ Fixed 1 Year vs ANZ Simplicity Plus

Lender ANZANZ
Home Loan Fixed 1 YearSimplicity Plus
Interest Rate 6.19%6.72%
Summary

The ANZ Fixed 1 Year Home Loan allows consumers to lock into a competitive rate for 1 year, whilst at the same time allowing access to key features such as an ‘Interest Only’ payment option. […] 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 $160,000 (40%)$40,000 (10%)
Initial Monthly Repayment $2,447$2,586
Sample Term 30 years30 years
Home Loan Type 1 Year FixedVariable
Application Fee $600$600
Monthly Fee $10$0
Annual Fee $0$0
Sample Cost
1 Years
$30,087$31,637
Savings After
1 Years
Save $1,550 
100% Offset Account Yes 
Extra Repayments YesYes
Redraw Facility YesYes
Contruction  Yes
More Information