Comparing Citibank Standard Variable vs ANZ Simplicity Plus

Lender CitibankANZ
Home Loan Standard VariableSimplicity Plus
Interest Rate 6.60%6.72%
Summary

The Citibank Standard Variable Rate home loan is just one option when you choose to apply for a standard rate loan. You could also choose a fixed rate or a combination of fixed and variable terms. In fact, this loan product allows you to establish a fixed rate for any time during your loan repayment term. You can set one for as long as five years. Once this time elapses, you could create another fixed-rate term or stay with the standard variable rate. […] 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 years30 years
Home Loan Type VariableVariable
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 YesYes
Redraw Facility YesYes
Contruction  Yes
More Information