Comparing ANZ Standard Variable vs Westpac Premier Advantage Package

Lender ANZWestpac
Home Loan Standard VariablePremier Advantage Package
Interest Rate 7.42%6.39%
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 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 $2,775$2,499
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$30,388
Savings After
1 Years
 Save $3,572
100% Offset Account YesYes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction YesYes
More Information