Comparing St George Fixed 3 Years vs NAB Introductory 1 Year Variable Rate

Lender St GeorgeNAB
Home Loan Fixed 3 YearsIntroductory 1 Year Variable Rate
Interest Rate 6.09%6.22%
Summary

The St. George 3-Year Fixed Rate Home Loan lets the borrowers take advantage of a secure fixed rate period lasting three years before the standard variable rate will come into effect. The value of this loan product has much to do with the protection that a fixed rate gives you against changing interest rates. […] 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 $2,421$2,455
Sample Term 30 years30 years
Home Loan Type 3 Year FixedVariable
Application Fee $600$600
Monthly Fee $10$10
Annual Fee $0$0
Sample Cost
1 Years
$29,777$30,181
Savings After
1 Years
Save $404 
100% Offset Account   
Extra Repayments YesYes
Redraw Facility YesYes
Contruction   
More Information