Comparing Westpac Premier Advantage Fixed 10 Years vs NAB Introductory 1 Year Variable Rate
| Lender |  |  |
| Home Loan | Premier Advantage Fixed 10 Years | Introductory 1 Year Variable Rate |
| Interest Rate | 7.79% | 6.22% |
| Summary | The Westpac Premier Advantage 10-Year Fixed Rate Loan combines Westpac’s longest fixed rate home loan with a dynamic loan package. This bundled product includes the Fixed Options loan with a Westpac Savings account and the Westpac credit card. It offers a single annual fee of $395 that can help you save a lot of money on separate fees. The annual fees on the savings account and the credit card account are waived with this package. […] More | NAB’s 1-Year Variable Rate home loan comes with an introductory rate for the first 12 months of the term. The interest rate during the introductory period is variable rather than fixed. Once the term expires, the interest rates will revert to the NAB’s standard variable rate. […] More |
| Sample Loan Amount | $400,000 | $400,000 |
| Sample Minimum Deposit | $52,000 (13%) | $20,000 (5%) |
| Initial Monthly Repayment | $2,877 | $2,455 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 10 Year Fixed | Variable |
| Application Fee | $0 | $600 |
| Monthly Fee | $0 | $10 |
| Annual Fee | $395 | $0 |
| Sample Cost 1 Years |
$34,916 | $30,181 |
| Savings After 1 Years |
Save $4,735 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
