Comparing NAB Rural Lifestyle Fixed 1 Year vs ANZ Simplicity Plus

Lender NABANZ
Home Loan Rural Lifestyle Fixed 1 YearSimplicity Plus
Interest Rate 6.29%6.72%
Summary

NAB Rural Lifestyle Fixed 1-Year home loans offer flexible and cost-effective loan options that are created especially to purchase rural properties. […] More

The ANZ Simplicity PLUS Home Loan is a simple, no frills home loan with a low variable interest rate for the life of your loan. It was Editor's Choice for ‘Basic variable loan’ in Your Mortgage Magazine, December 2008. […] More

Sample Loan Amount $400,000$400,000
Sample Minimum Deposit $120,000 (30%)$40,000 (10%)
Initial Monthly Repayment $2,473$2,586
Sample Term 30 years30 years
Home Loan Type 1 Year FixedVariable
Application Fee $0$600
Monthly Fee $8$0
Annual Fee $0$0
Sample Cost
1 Years
$29,775$31,637
Savings After
1 Years
Save $1,862 
100% Offset Account   
Extra Repayments YesYes
Redraw Facility  Yes
Contruction  Yes
More Information