Comparing NAB Choice Package Fixed 5 Years vs ANZ Simplicity Plus
| Lender |  |  |
| Home Loan | Choice Package Fixed 5 Years | Simplicity Plus |
| Interest Rate | 6.74% | 6.72% |
| Summary | The NAB Choice Package Fixed 5 Year Home Loan provides clients with the ability to lock in an interest rate over a 5 year period at a loewer that standard interest rate. When taking out the Choice Package fixed option for loans over $250,000 customers enjoy a further interest rate discount of 0.10%. […] 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 | $2,592 | $2,586 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 5 Year Fixed | Variable |
| Application Fee | $0 | $600 |
| Monthly Fee | $0 | $0 |
| Annual Fee | $395 | $0 |
| Sample Cost 1 Years |
$31,496 | $31,637 |
| Savings After 1 Years |
Save $141 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
