Comparing Westpac Fixed 1 Year vs NAB Choice Package
| Lender | ![]() | ![]() |
| Home Loan | Fixed 1 Year | Choice Package |
| Interest Rate | 6.19% | 6.29% |
| Summary | The Westpac 1-Year Fixed Rate Home Loan is the introductory term for Westpac’s Fixed Options Home Loan. There are other fixed rate lengths available through Westpac, offering borrowers up to 10 years at a discounted fixed rate. After these terms end, the rate will revert back to the Standard Variable Rate. […] More | The NAB Choice Package Variable Home Loan provides customers with a lower interest rate than the Standard Variable. The NAB Choice Package Variable Loan provides features that otherwise are not available to customers on the Standard Variable product. […] More |
| Sample Loan Amount | $400,000 | $400,000 |
| Sample Minimum Deposit | $52,000 (13%) | $20,000 (5%) |
| Initial Monthly Repayment | $2,447 | $2,473 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 1 Year Fixed | Variable |
| Application Fee | $600 | $0 |
| Monthly Fee | $8 | $0 |
| Annual Fee | $0 | $395 |
| Sample Cost 1 Years |
$30,063 | $30,074 |
| Savings After 1 Years |
Save $11 | |
| 100% Offset Account | ![]() | |
| Extra Repayments | ![]() | ![]() |
| Redraw Facility | ![]() | ![]() |
| Contruction | ![]() | |
| More Information |






