Comparing NAB Tailored Fixed 5 Years vs ANZ Simplicity Plus

Lender NABANZ
Home Loan Tailored Fixed 5 YearsSimplicity Plus
Interest Rate 6.84%6.35%
Summary

The NAB Tailored 5-Year Fixed Rate home loan is offered with a five-year introductory fixed rate that will be replaced with the NAB standard variable rate once the term expires. […] 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 $2,618$2,489
Sample Term 30 years30 years
Home Loan Type 5 Year FixedVariable
Application Fee $600$600
Monthly Fee $8$0
Annual Fee $0$0
Sample Cost
1 Years
$32,116$30,467
Savings After
1 Years
 Save $1,649
100% Offset Account   
Extra Repayments YesYes
Redraw Facility YesYes
Contruction  Yes
More Information