Comparing Westpac Fixed 4 Years vs ANZ Simplicity Plus
| Lender |  |  |
| Home Loan | Fixed 4 Years | Simplicity Plus |
| Interest Rate | 6.99% | 6.35% |
| Summary | The Westpac 4-Year Fixed Rate Home Loan is one of the bank’s Fixed Option Loan products. The four-year fixed rate term attached to this one give you added flexibility and the benefits of reliable payments and stable interest rates. The other fixed rate loans offered by Westpac include with term lengths of 1 through 10 years. […] 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 | $52,000 (13%) | $40,000 (10%) |
| Initial Monthly Repayment | $2,659 | $2,489 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 4 Year Fixed | Variable |
| Application Fee | $600 | $600 |
| Monthly Fee | $8 | $0 |
| Annual Fee | $0 | $0 |
| Sample Cost 1 Years |
$32,598 | $30,467 |
| Savings After 1 Years |
Save $2,131 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
