Comparing NAB Choice Package Fixed 2 Years vs Westpac Premier Advantage Package

Lender NABWestpac
Home Loan Choice Package Fixed 2 YearsPremier Advantage Package
Interest Rate 5.89%6.39%
Summary

The NAB Choice Package Fixed 2 Year Home Loan provides clients with the opportunity to lock in their repayments over a 2 year period. Customers who take out a loan of over $250,000 are also entitled to an interest rate discount of 0.10%. […] 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 $2,370$2,499
Sample Term 30 years30 years
Home Loan Type 2 Year FixedVariable
Application Fee $0$0
Monthly Fee $0$0
Annual Fee $395$395
Sample Cost
1 Years
$28,835$30,388
Savings After
1 Years
Save $1,553 
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction  Yes
More Information