Comparing NAB Choice Package Fixed 4 Years vs ANZ Simplicity Plus

Lender NABANZ
Home Loan Choice Package Fixed 4 YearsSimplicity Plus
Interest Rate 6.59%6.72%
Summary

The NAB Choice Package Fixed 4 Year Home Loan is a popular fixed rate product that has several appealing features. The Choice Package presents customers with the opportunity of receiving a lower interest rate discount on their loans. […] More

The ANZ Simplicity PLUS Home Loan is a simple, no frills home loan with a low variable interest rate for the life of your loan. It was Editor's Choice for ‘Basic variable loan’ in Your Mortgage Magazine, December 2008. […] More

Sample Loan Amount $400,000$400,000
Sample Minimum Deposit $20,000 (5%)$40,000 (10%)
Initial Monthly Repayment $2,552$2,586
Sample Term 30 years30 years
Home Loan Type 4 Year FixedVariable
Application Fee $0$600
Monthly Fee $0$0
Annual Fee $395$0
Sample Cost
1 Years
$31,019$31,637
Savings After
1 Years
Save $618 
100% Offset Account   
Extra Repayments YesYes
Redraw Facility YesYes
Contruction  Yes
More Information