Comparing Westpac Fixed 3 Years vs NAB Choice Package

Lender WestpacNAB
Home Loan Fixed 3 YearsChoice Package
Interest Rate 6.19%6.29%
Summary

The Westpac 3-Year Fixed Rate Home Loan is a Fixed Option that comes with a three-year fixed interest rate offered at a discount. It is one of several fixed rate loans that are available through Westpac banks; most of these have terms ranging from one year all the way to 10 years. […] 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 years30 years
Home Loan Type 3 Year FixedVariable
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  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction Yes 
More Information