Comparing NAB Base Variable vs NAB Choice Package

Lender NABNAB
Home Loan Base VariableChoice Package
Interest Rate 6.49%6.29%
Summary

The NAB Base Variable Rate Home Loan is a fantastic low rate home loan that appeals to both owner occupiers and investors. The National Australia Bank’s basic variable product provides flexibility in the home loan that presents customers with the opportunity to pay off their home loan and own the property sooner.  […] More

The NAB Choice Package Variable Home Loan provides customers with a lower interest rate than the Standard Variable. The NAB Choice Package Variable Loan provides features that otherwise are not available to customers on the Standard Variable product. […] More

Sample Loan Amount $400,000$400,000
Sample Minimum Deposit $20,000 (5%)$20,000 (5%)
Initial Monthly Repayment $2,526$2,473
Sample Term 30 years30 years
Home Loan Type VariableVariable
Application Fee $600$0
Monthly Fee $0$0
Annual Fee $0$395
Sample Cost
1 Years
$30,908$30,074
Savings After
1 Years
 Save $833
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction Yes 
More Information