Comparing Westpac Premier Advantage Fixed 1 Year vs ANZ Simplicity Plus
| Lender |  |  |
| Home Loan | Premier Advantage Fixed 1 Year | Simplicity Plus |
| Interest Rate | 5.99% | 6.35% |
| Summary | The Westpac Premier Advantage Package Fixed 1 Year Home Loan provides consumers with a discounted fixed rate for 1 year on loans $150,000 and above. The discount on the standard fixed rate is 0.20% and presents a fantastic opportunity to take out a competitive fixed loan for 1 year. Knowing what you home loan repayments are is a key behind consumers taking out a fixed home loan. The sense of security over repayment amounts is a great benefit of a fixed home loan. […] 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 | $2,396 | $2,489 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 1 Year Fixed | Variable |
| Application Fee | $0 | $600 |
| Monthly Fee | $0 | $0 |
| Annual Fee | $395 | $0 |
| Sample Cost 1 Years |
$29,143 | $30,467 |
| Savings After 1 Years |
Save $1,325 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
