Comparing NAB Rural Lifestyle Fixed 10 Years vs NAB Introductory 1 Year Variable Rate
| Lender |  | |
| Home Loan | Rural Lifestyle Fixed 10 Years | Introductory 1 Year Variable Rate |
| Interest Rate | 8.49% | 6.22% |
| 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 | 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 | $3,073 | $2,455 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 10 Year Fixed | Variable |
| Application Fee | $0 | $600 |
| Monthly Fee | $8 | $10 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$36,970 | $30,181 |
| Savings After 1 Years |
Save $6,789 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | ||
| More Information |
