Comparing NAB Tailored Fixed 5 Years vs NAB Introductory 1 Year Variable Rate
| Lender |  | |
| Home Loan | Tailored Fixed 5 Years | Introductory 1 Year Variable Rate |
| Interest Rate | 6.84% | 6.22% |
| 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 | 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 | $2,618 | $2,455 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 5 Year Fixed | Variable |
| Application Fee | $600 | $600 |
| Monthly Fee | $8 | $10 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$32,116 | $30,181 |
| Savings After 1 Years |
Save $1,936 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | ||
| More Information |
