Comparing NAB FlexiPlus vs NAB Choice Package

Lender NABNAB
Home Loan FlexiPlusChoice Package
Interest Rate 6.99%6.29%
Summary

The NAB Flexiplus Mortgage Facility is a Line of Credit product that is attached to a standard NAB transaction account and acts as a flexible credit source for the consumer. The Flexiplus mortgage facility has a credit limit that is set by the lender. The user can draw down on the line of credit whenever they like. […] 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 $80,000 (20%)$20,000 (5%)
Initial Monthly Repayment $2,659$2,473
Sample Term 30 years30 years
Home Loan Type Line of CreditVariable
Application Fee $600$0
Monthly Fee $0$0
Annual Fee $250$395
Sample Cost
1 Years
$32,752$30,074
Savings After
1 Years
 Save $2,678
100% Offset Account YesYes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction Yes 
More Information