Comparing Citibank Mortgage Power vs St George Advantage Package
| Lender |  |  |
| Home Loan | Mortgage Power | Advantage Package |
| Interest Rate | 7.04% | 6.34% |
| Summary | The Citibank Mortgage Power is the company’s exclusive revolving line of credit. It comes with a predetermined credit limit that uses the borrower’s property as security. This provides you with a resource to draw from when you need money to pay unexpected bills, renovations, or other projects. […] More | The St George Advantage Package Variable Home Loan is a well featured option that also provides clients with discounts on the standard variable rate. Ideal features such as an offset account and ability to repay the loan faster makes the St George product an attractive product to consumers. The Advantage Package is one of the most popular products offered by the bank. Its popularity is largely driven by is discounted interest rates. […] More |
| Sample Loan Amount | $400,000 | $400,000 |
| Sample Minimum Deposit | $40,000 (10%) | $20,000 (5%) |
| Initial Monthly Repayment | $2,672 | $2,486 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | Line of Credit | Variable |
| Application Fee | $399 | $0 |
| Monthly Fee | $12 | $0 |
| Annual Fee | $0 | $395 |
| Sample Cost 1 Years |
$32,607 | $30,231 |
| Savings After 1 Years |
Save $2,376 | |
| 100% Offset Account |  | |
| Extra Repayments | | |
| Redraw Facility | | |
| Contruction | ||
| More Information |
