Comparing Citibank Fixed 3 Years vs NAB Introductory 1 Year Variable Rate
| Lender |  |  |
| Home Loan | Fixed 3 Years | Introductory 1 Year Variable Rate |
| Interest Rate | 5.99% | 6.22% |
| Summary | Citibank’s 3-Year Fixed Rate home loan is just one of several fixed rate lending options available by the company. It is a Standard Fixed Rate product that comes with a fixed-rate period during which the interest rates remain the same. This aspect makes the loan a great option if you want some financial security when you start paying for your house. […] More | NAB’s 1-Year Variable Rate home loan comes with an introductory rate for the first 12 months of the term. The interest rate during the introductory period is variable rather than fixed. Once the term expires, the interest rates will revert to the NAB’s standard variable rate. […] More |
| Sample Loan Amount | $400,000 | $400,000 |
| Sample Minimum Deposit | $40,000 (10%) | $20,000 (5%) |
| Initial Monthly Repayment | $2,396 | $2,455 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 3 Year Fixed | Variable |
| Application Fee | $399 | $600 |
| Monthly Fee | $8 | $10 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$29,243 | $30,181 |
| Savings After 1 Years |
Save $938 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | ||
| More Information |
