Comparing Westpac Premier Advantage Fixed 1 Year vs NAB Choice Package

Lender WestpacNAB
Home Loan Premier Advantage Fixed 1 YearChoice Package
Interest Rate 5.99%6.29%
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 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 $2,396$2,473
Sample Term 30 years30 years
Home Loan Type 1 Year FixedVariable
Application Fee $0$0
Monthly Fee $0$0
Annual Fee $395$395
Sample Cost
1 Years
$29,143$30,074
Savings After
1 Years
Save $932 
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction Yes 
More Information