Comparing St George Basic Variable vs NAB Introductory 1 Year Variable Rate
| Lender |  |  |
| Home Loan | Basic Variable | Introductory 1 Year Variable Rate |
| Interest Rate | 6.32% | 6.22% |
| 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 | 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 | $2,481 | $2,455 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | Variable | Variable |
| Application Fee | $500 | $600 |
| Monthly Fee | $0 | $10 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$30,273 | $30,181 |
| Savings After 1 Years |
Save $92 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | ||
| More Information |
