Comparing St George Advantage Package Fixed 5 Years vs NAB Introductory 1 Year Variable Rate

Lender St GeorgeNAB
Home Loan Advantage Package Fixed 5 YearsIntroductory 1 Year Variable Rate
Interest Rate 6.74%6.22%
Summary

The St George Advantage Package Fixed 5 Year Home Loan is a popular product that ensures the borrower pays a set amount for a 5 year duration. Locking in the payment is a good. The Advantage Package on the 5 year fixed loan means that you get an interest rate discount of 0.15% on loans greater than $150,000. […] 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 $40,000 (10%)$20,000 (5%)
Initial Monthly Repayment $2,592$2,455
Sample Term 30 years30 years
Home Loan Type 5 Year FixedVariable
Application Fee $0$600
Monthly Fee $0$10
Annual Fee $395$0
Sample Cost
1 Years
$31,496$30,181
Savings After
1 Years
 Save $1,315
100% Offset Account   
Extra Repayments YesYes
Redraw Facility YesYes
Contruction   
More Information