Comparing Westpac Fixed 4 Years vs NAB Choice Package

Lender WestpacNAB
Home Loan Fixed 4 YearsChoice Package
Interest Rate 6.99%6.29%
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 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 $2,659$2,473
Sample Term 30 years30 years
Home Loan Type 4 Year FixedVariable
Application Fee $600$0
Monthly Fee $8$0
Annual Fee $0$395
Sample Cost
1 Years
$32,598$30,074
Savings After
1 Years
 Save $2,524
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction Yes 
More Information