Comparing NAB Choice Package Fixed 1 Year vs Westpac Premier Advantage Package

Lender NABWestpac
Home Loan Choice Package Fixed 1 YearPremier Advantage Package
Interest Rate 5.79%6.39%
Summary

The NAB Choice Package Fixed 1 Year Home Loan allows consumers to lock in a competitive rate for 1 year. As part of the package, receive a 0.10% discount for loans over $250,000. […] More

The Westpac Premier Advantage Package Variable Home Loan presents customers with the opportunity to bundle their home loan and transaction account together for a minimal annual fee. The home loan offers discounted interest rate on the standard variable rate making it an attractive home loan product. […] More

Sample Loan Amount $400,000$400,000
Sample Minimum Deposit $20,000 (5%)$52,000 (13%)
Initial Monthly Repayment $2,344$2,499
Sample Term 30 years30 years
Home Loan Type 1 Year FixedVariable
Application Fee $0$0
Monthly Fee $0$0
Annual Fee $395$395
Sample Cost
1 Years
$28,529$30,388
Savings After
1 Years
Save $1,859 
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction  Yes
More Information