Comparing Westpac Fixed 5 Years vs St George Advantage Package
| Lender |  |  |
| Home Loan | Fixed 5 Years | Advantage Package |
| Interest Rate | 6.99% | 6.34% |
| Summary | The Westpac 5-Year Fixed Rate Home Loan like the other fixed rate loans offered by Westpac allows you to maintain your payments by locking the interest rates at one level while the markets continue to fluctuate up and down. In this case, the term is four years long, but it can vary from 1 all the way to 10 year lengths. […] More | The St George Advantage Package Variable Home Loan is a well featured option that also provides clients with discounts on the standard variable rate. Ideal features such as an offset account and ability to repay the loan faster makes the St George product an attractive product to consumers. The Advantage Package is one of the most popular products offered by the bank. Its popularity is largely driven by is discounted interest rates. […] More |
| Sample Loan Amount | $400,000 | $400,000 |
| Sample Minimum Deposit | $52,000 (13%) | $20,000 (5%) |
| Initial Monthly Repayment | $2,659 | $2,486 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 5 Year Fixed | Variable |
| Application Fee | $600 | $0 |
| Monthly Fee | $8 | $0 |
| Annual Fee | $0 | $395 |
| Sample Cost 1 Years |
$32,598 | $30,231 |
| Savings After 1 Years |
Save $2,367 | |
| 100% Offset Account |  | |
| Extra Repayments | | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
