Comparing St George Fixed 4 Years vs ANZ Simplicity Plus
| Lender |  |  |
| Home Loan | Fixed 4 Years | Simplicity Plus |
| Interest Rate | 6.84% | 6.35% |
| Summary | St. George Bank’s 4-Year Fixed Rate Home Loan is the standard fixed rate loan that has a fixed term of four years before the loan is converted to the Standard Variable Rate. The benefit of these fixed rates is that they protect the borrower from increasing interest rates. Consistent payments are possible because the rate stays the same. […] 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 | $2,618 | $2,489 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 4 Year Fixed | Variable |
| Application Fee | $600 | $600 |
| Monthly Fee | $10 | $0 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$32,140 | $30,467 |
| Savings After 1 Years |
Save $1,673 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
