Comparing Citibank Fixed 5 Years vs ANZ Simplicity Plus
| Lender |  |  |
| Home Loan | Fixed 5 Years | Simplicity Plus |
| Interest Rate | 6.60% | 6.72% |
| Summary | The Citibank 5-Year Fixed Rate home loan has the longest fixed rate term available through the lender. This provides you five years with the same discounted fixed before you must switch over and start paying Citibank’s Standard Variable Rate. Still, the fixed rate home loan is an appealing option when you want the reliability of stable payments each month rather than waiting to see what the interest rates will do. […] 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 | $2,555 | $2,586 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 5 Year Fixed | Variable |
| Application Fee | $399 | $600 |
| Monthly Fee | $8 | $0 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$31,151 | $31,637 |
| Savings After 1 Years |
Save $486 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
