Comparing NAB Tailored Fixed 10 Years vs NAB Introductory 1 Year Variable Rate
| Lender |  | |
| Home Loan | Tailored Fixed 10 Years | Introductory 1 Year Variable Rate |
| Interest Rate | 8.09% | 6.22% |
| 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 | 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 | $20,000 (5%) | $20,000 (5%) |
| Initial Monthly Repayment | $2,960 | $2,455 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 10 Year Fixed | Variable |
| Application Fee | $600 | $600 |
| Monthly Fee | $8 | $10 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$36,218 | $30,181 |
| Savings After 1 Years |
Save $6,037 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | ||
| More Information |
