Comparing NAB Tailored Fixed 2 Years vs NAB Choice Package

Lender NABNAB
Home Loan Tailored Fixed 2 YearsChoice Package
Interest Rate 5.99%6.29%
Summary

The NAB Tailored 2-Year Fixed Rate home loan offers borrowers two-year introductory fixed rate. Once this initial rate is over, the loan will change over to NAB standard variable rate. […] 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 $2,396$2,473
Sample Term 30 years30 years
Home Loan Type 2 Year FixedVariable
Application Fee $600$0
Monthly Fee $8$0
Annual Fee $0$395
Sample Cost
1 Years
$29,444$30,074
Savings After
1 Years
Save $631 
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction   
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