Comparing Westpac Premier Advantage Fixed 4 Years vs NAB Introductory 1 Year Variable Rate
| Lender |  |  |
| Home Loan | Premier Advantage Fixed 4 Years | Introductory 1 Year Variable Rate |
| Interest Rate | 6.79% | 6.22% |
| Summary | The Westpac Premier Advantage Package Fixed 4 Year Home Loan is great product offered by the major bank that locks away the fixed interest rate for 4 years at s discounted rate. The fixed 4 year Premier product also comes equipped with a range of features that makes this a flexible product suitable for many borrowers. […] 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 | $2,605 | $2,455 |
| Sample Term | 30 years | 30 years |
| Home Loan Type | 4 Year Fixed | Variable |
| Application Fee | $0 | $600 |
| Monthly Fee | $0 | $10 |
| Annual Fee | $395 | $0 |
| Sample Cost 1 Years |
$31,655 | $30,181 |
| Savings After 1 Years |
Save $1,475 | |
| 100% Offset Account | ||
| Extra Repayments |  | |
| Redraw Facility | | |
| Contruction | | |
| More Information |
