Comparing NAB Tailored Fixed 10 Years vs ANZ Simplicity Plus

Lender NABANZ
Home Loan Tailored Fixed 10 YearsSimplicity Plus
Interest Rate 8.09%6.35%
Summary

An NAB Tailored 10-Year Fixed Rate home loan is the longest fixed rate loan offered by the NAB. It comes with an introductory fixed rate that lasts 10 years that will change over to the Standard Variable Rate once the timeframe ends. […] 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 $20,000 (5%)$40,000 (10%)
Initial Monthly Repayment $2,960$2,489
Sample Term 30 years30 years
Home Loan Type 10 Year FixedVariable
Application Fee $600$600
Monthly Fee $8$0
Annual Fee $0$0
Sample Cost
1 Years
$36,218$30,467
Savings After
1 Years
 Save $5,751
100% Offset Account   
Extra Repayments YesYes
Redraw Facility YesYes
Contruction  Yes
More Information