Comparing NAB Rural Lifestyle Fixed 5 Years vs NAB Choice Package

Lender NABNAB
Home Loan Rural Lifestyle Fixed 5 YearsChoice Package
Interest Rate 7.24%6.29%
Summary

The NAB Rural Lifestyle Fixed 5-Year home loan has been designed for those borrowers wishing to buy rural properties. It is a cost-effective and dynamic option. […] 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 $120,000 (30%)$20,000 (5%)
Initial Monthly Repayment $2,726$2,473
Sample Term 30 years30 years
Home Loan Type 5 Year FixedVariable
Application Fee $0$0
Monthly Fee $8$0
Annual Fee $0$395
Sample Cost
1 Years
$32,808$30,074
Savings After
1 Years
 Save $2,733
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility  Yes
Contruction   
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