Comparing ANZ Simplicity Plus vs Westpac Premier Advantage Package

Lender ANZWestpac
Home Loan Simplicity PlusPremier Advantage Package
Interest Rate 6.72%6.39%
Summary

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

The Westpac Premier Advantage Package Variable Home Loan presents customers with the opportunity to bundle their home loan and transaction account together for a minimal annual fee. The home loan offers discounted interest rate on the standard variable rate making it an attractive home loan product. […] More

Sample Loan Amount $400,000$400,000
Sample Minimum Deposit $40,000 (10%)$52,000 (13%)
Initial Monthly Repayment $2,586$2,499
Sample Term 30 years30 years
Home Loan Type VariableVariable
Application Fee $600$0
Monthly Fee $0$0
Annual Fee $0$395
Sample Cost
1 Years
$31,637$30,388
Savings After
1 Years
 Save $1,249
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction YesYes
More Information