Comparing NAB FlexiPlus vs St George Advantage Package

Lender NABSt George
Home Loan FlexiPlusAdvantage Package
Interest Rate 6.99%6.34%
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 St George Advantage Package Variable Home Loan is a well featured option that also provides clients with discounts on the standard variable rate. Ideal features such as an offset account and ability to repay the loan faster makes the St George product an attractive product to consumers. The Advantage Package is one of the most popular products offered by the bank. Its popularity is largely driven by is discounted interest rates. […] More

Sample Loan Amount $400,000$400,000
Sample Minimum Deposit $80,000 (20%)$20,000 (5%)
Initial Monthly Repayment $2,659$2,486
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$30,231
Savings After
1 Years
 Save $2,521
100% Offset Account YesYes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction Yes 
More Information