Comparing NAB Introductory 3 Year Variable Rate vs NAB Choice Package
| Lender |  | |
| Home Loan | Introductory 3 Year Variable Rate | Choice Package |
| Interest Rate | 6.51% | 6.29% |
| Summary | NAB’s Introductory 3-Year Variable Rate home loan has an extended introductory period that lasts for 3 years. As with the one-year variable rate the interest rates is variable and not fixed for the initial term. Once the introductory period expires, the interest rate reverts to the NAB’s standard variable rate. […] 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 | $2,531 | $2,473 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | Variable | Variable |
| Application Fee | $600 | $0 |
| Monthly Fee | $10 | $0 |
| Annual Fee | $0 | $395 |
| Sample Cost 1 Years |
$31,091 | $30,074 |
| Savings After 1 Years |
Save $1,016 | |
| 100% Offset Account |  | |
| Extra Repayments | | |
| Redraw Facility | | |
| Contruction | ||
| More Information |
