Comparing BankWest Mortgage Shredder vs ANZ Simplicity Plus

Lender BankWestANZ
Home Loan Mortgage ShredderSimplicity Plus
Interest Rate 6.98%6.72%
Summary […] 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 $20,000 (5%)$40,000 (10%)
Initial Monthly Repayment $2,656$2,586
Sample Term 30 years30 years
Home Loan Type VariableVariable
Application Fee $700$600
Monthly Fee $15$0
Annual Fee $0$0
Sample Cost
1 Years
$32,750$31,637
Savings After
1 Years
 Save $1,113
100% Offset Account Yes 
Extra Repayments YesYes
Redraw Facility YesYes
Contruction YesYes
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