Comparing NAB Rural Lifestyle Fixed 10 Years vs ANZ Simplicity Plus

Lender NABANZ
Home Loan Rural Lifestyle Fixed 10 YearsSimplicity Plus
Interest Rate 8.49%6.72%
Summary

Like other Rural Lifestyle home loans offered by NAB, the 10-Year fixed rate loan comes with all of the features and affordability of the other loan designed for buying rural real estate. […] 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 $3,073$2,586
Sample Term 30 years30 years
Home Loan Type 10 Year FixedVariable
Application Fee $0$600
Monthly Fee $8$0
Annual Fee $0$0
Sample Cost
1 Years
$36,970$31,637
Savings After
1 Years
 Save $5,333
100% Offset Account   
Extra Repayments YesYes
Redraw Facility  Yes
Contruction  Yes
More Information