Comparing Citibank Standard Variable vs NAB Introductory 1 Year Variable Rate
| Lender |  |  |
| Home Loan | Standard Variable | Introductory 1 Year Variable Rate |
| Interest Rate | 6.60% | 6.22% |
| 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 | 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 | $2,555 | $2,455 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | Variable | Variable |
| Application Fee | $399 | $600 |
| Monthly Fee | $8 | $10 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$31,151 | $30,181 |
| Savings After 1 Years |
Save $970 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | ||
| More Information |
