Comparing Citibank Fixed 4 Years vs ANZ Simplicity Plus
| Lender |  |  |
| Home Loan | Fixed 4 Years | Simplicity Plus |
| Interest Rate | 6.55% | 6.72% |
| Summary | The Citibank 4-Year Fixed Rate home loan offers the borrower a standard fixed rate lasting four years before it revert to the standard variable rate. This option gives some people a better sense of security in terms of their monthly payment requirements. There is nothing that offers peace of mind more than knowing what you owe each month. It provides the buyer with more options for managing their repayments. […] 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 | $2,541 | $2,586 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 4 Year Fixed | Variable |
| Application Fee | $399 | $600 |
| Monthly Fee | $8 | $0 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$30,992 | $31,637 |
| Savings After 1 Years |
Save $645 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
