Comparing Westpac Fixed 2 Years vs NAB Choice Package

Lender WestpacNAB
Home Loan Fixed 2 YearsChoice Package
Interest Rate 6.49%6.29%
Summary

The Westpac 2-Year Fixed Rate Home Loan is another of the Fixed Options Home Loans available at a lower fixed interest rate. While these loans can range from 1 year all the way to 10 years, this product has a two-ear duration before it revert to the Westpac 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 $2,526$2,473
Sample Term 30 years30 years
Home Loan Type 2 Year FixedVariable
Application Fee $600$0
Monthly Fee $8$0
Annual Fee $0$395
Sample Cost
1 Years
$31,004$30,074
Savings After
1 Years
 Save $929
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction Yes 
More Information