Comparing NAB Choice Package Fixed 5 Years vs NAB Choice Package

Lender NABNAB
Home Loan Choice Package Fixed 5 YearsChoice Package
Interest Rate 6.74%6.29%
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 NAB Choice Package Variable Home Loan provides customers with a lower interest rate than the Standard Variable. The NAB Choice Package Variable Loan provides features that otherwise are not available to customers on the Standard Variable product. […] More

Sample Loan Amount $400,000$400,000
Sample Minimum Deposit $20,000 (5%)$20,000 (5%)
Initial Monthly Repayment $2,592$2,473
Sample Term 30 years30 years
Home Loan Type 5 Year FixedVariable
Application Fee $0$0
Monthly Fee $0$0
Annual Fee $395$395
Sample Cost
1 Years
$31,496$30,074
Savings After
1 Years
 Save $1,421
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction   
More Information