Comparing Westpac Premier Advantage Fixed 3 Years vs ANZ Simplicity Plus

Lender WestpacANZ
Home Loan Premier Advantage Fixed 3 YearsSimplicity Plus
Interest Rate 5.99%6.35%
Summary

The Westpac Premier Advantage Package Fixed 3 Year Home Loan is a popular product among borrowers due to is certainty around payments and low interest rate. Leverage off the discounted interest rate as well as flexible features provide by the Westpac 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 years30 years
Home Loan Type 3 Year FixedVariable
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 YesYes
Redraw Facility YesYes
Contruction YesYes
More Information