Comparing NAB Rural Lifestyle Fixed 1 Year vs NAB Introductory 1 Year Variable Rate
| Lender |  | |
| Home Loan | Rural Lifestyle Fixed 1 Year | Introductory 1 Year Variable Rate |
| Interest Rate | 6.29% | 6.22% |
| 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 | NAB’s 1-Year Variable Rate home loan comes with an introductory rate for the first 12 months of the term. The interest rate during the introductory period is variable rather than fixed. Once the term expires, the interest rates will revert to the NAB’s standard variable rate. […] More |
| Sample Loan Amount | $400,000 | $400,000 |
| Sample Minimum Deposit | $120,000 (30%) | $20,000 (5%) |
| Initial Monthly Repayment | $2,473 | $2,455 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 1 Year Fixed | Variable |
| Application Fee | $0 | $600 |
| Monthly Fee | $8 | $10 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$29,775 | $30,181 |
| Savings After 1 Years |
Save $405 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | ||
| More Information |
