Comparing ANZ Standard Variable vs NAB Choice Package

Lender ANZNAB
Home Loan Standard VariableChoice Package
Interest Rate 7.42%6.29%
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 NAB Choice Package Variable Home Loan provides customers with a lower interest rate than the Standard Variable. The NAB Choice Package Variable Loan provides features that otherwise are not available to customers on the Standard Variable product. […] More

Sample Loan Amount $400,000$400,000
Sample Minimum Deposit $40,000 (10%)$20,000 (5%)
Initial Monthly Repayment $2,775$2,473
Sample Term 30 years30 years
Home Loan Type VariableVariable
Application Fee $600$0
Monthly Fee $5$0
Annual Fee $0$395
Sample Cost
1 Years
$33,960$30,074
Savings After
1 Years
 Save $3,885
100% Offset Account YesYes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction Yes 
More Information