Comparing NAB Choice Package Fixed 3 Years vs Westpac Premier Advantage Package

Lender NABWestpac
Home Loan Choice Package Fixed 3 YearsPremier Advantage Package
Interest Rate 5.99%6.39%
Summary

The NAB Choice Package Fixed 3 Year Home Loan allows customers to lock in their home loan payments over 3 years. The Choice Package provides an interest rate discount of 0.10% to clients with loan sizes greater than $250,000. The only ongoing fee is a $395 annual fee. […] 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 $2,396$2,499
Sample Term 30 years30 years
Home Loan Type 3 Year FixedVariable
Application Fee $0$0
Monthly Fee $0$0
Annual Fee $395$395
Sample Cost
1 Years
$29,143$30,388
Savings After
1 Years
Save $1,245 
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction  Yes
More Information