Comparing ANZ Standard Variable vs ANZ Simplicity Plus

Lender ANZANZ
Home Loan Standard VariableSimplicity Plus
Interest Rate 7.42%6.72%
Summary

The ANZ Standard Variable Rate Home Loan gives you full flexibility and value. It is available for people wanting to by a residential property between the value of $20,000 to $10,000,000. […] 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 $40,000 (10%)$40,000 (10%)
Initial Monthly Repayment $2,775$2,586
Sample Term 30 years30 years
Home Loan Type VariableVariable
Application Fee $600$600
Monthly Fee $5$0
Annual Fee $0$0
Sample Cost
1 Years
$33,960$31,637
Savings After
1 Years
 Save $2,323
100% Offset Account Yes 
Extra Repayments YesYes
Redraw Facility YesYes
Contruction YesYes
More Information