Comparing NAB Choice Package Fixed 5 Years vs Westpac Premier Advantage Package
| Lender |  |  |
| Home Loan | Choice Package Fixed 5 Years | Premier Advantage Package |
| Interest Rate | 6.74% | 6.39% |
| 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 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 | $2,592 | $2,499 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 5 Year Fixed | Variable |
| Application Fee | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Annual Fee | $395 | $395 |
| Sample Cost 1 Years |
$31,496 | $30,388 |
| Savings After 1 Years |
Save $1,108 | |
| 100% Offset Account |  | |
| Extra Repayments | | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
