Comparing St George Basic Variable vs Westpac Premier Advantage Package

Lender St GeorgeWestpac
Home Loan Basic VariablePremier Advantage Package
Interest Rate 6.32%6.39%
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 Westpac Premier Advantage Package Variable Home Loan presents customers with the opportunity to bundle their home loan and transaction account together for a minimal annual fee. The home loan offers discounted interest rate on the standard variable rate making it an attractive home loan product. […] More

Sample Loan Amount $400,000$400,000
Sample Minimum Deposit $40,000 (10%)$52,000 (13%)
Initial Monthly Repayment $2,481$2,499
Sample Term 30 years30 years
Home Loan Type VariableVariable
Application Fee $500$0
Monthly Fee $0$0
Annual Fee $0$395
Sample Cost
1 Years
$30,273$30,388
Savings After
1 Years
Save $115 
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction  Yes
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