Comparing NAB Tailored Fixed 10 Years vs NAB Choice Package

Lender NABNAB
Home Loan Tailored Fixed 10 YearsChoice Package
Interest Rate 8.09%6.29%
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 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 $20,000 (5%)$20,000 (5%)
Initial Monthly Repayment $2,960$2,473
Sample Term 30 years30 years
Home Loan Type 10 Year FixedVariable
Application Fee $600$0
Monthly Fee $8$0
Annual Fee $0$395
Sample Cost
1 Years
$36,218$30,074
Savings After
1 Years
 Save $6,144
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction   
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