Comparing ANZ Fixed 10 Years vs NAB Introductory 1 Year Variable Rate
| Lender |  |  |
| Home Loan | Fixed 10 Years | Introductory 1 Year Variable Rate |
| Interest Rate | 7.69% | 6.22% |
| Summary | The ANZ Fixed 10 Year Home Loan comes with many features. It offers homebuyers security and potential interest savings by paying a fixed rate as this safeguards you from increases in interest rates. […] 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 | $160,000 (40%) | $20,000 (5%) |
| Initial Monthly Repayment | $2,849 | $2,455 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 10 Year Fixed | Variable |
| Application Fee | $600 | $600 |
| Monthly Fee | $10 | $10 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$34,909 | $30,181 |
| Savings After 1 Years |
Save $4,728 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | ||
| More Information |
