Comparing St George Basic Variable vs ANZ Simplicity Plus
| Lender |  |  |
| Home Loan | Basic Variable | Simplicity Plus |
| Interest Rate | 6.32% | 6.35% |
| Summary | The St George Basic Home Loan is a loan that has a low interest rate but not as many features as the standard variable product. The no frills approach with the basic home loan appeals to clients who prefer low interest rates over flexibility in the loan. […] 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 | $40,000 (10%) | $40,000 (10%) |
| Initial Monthly Repayment | $2,481 | $2,489 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | Variable | Variable |
| Application Fee | $500 | $600 |
| Monthly Fee | $0 | $0 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$30,273 | $30,467 |
| Savings After 1 Years |
Save $194 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
