Comparing Westpac Premier Advantage Package vs ANZ Simplicity Plus

Lender WestpacANZ
Home Loan Premier Advantage PackageSimplicity Plus
Interest Rate 6.39%6.35%
Summary

The Westpac Premier Advantage Package Variable Home Loan presents customers with the opportunity to bundle their home loan and transaction account together for a minimal annual fee. The home loan offers discounted interest rate on the standard variable rate making it an attractive home loan product. […] 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 $2,499$2,489
Sample Term 30 years30 years
Home Loan Type VariableVariable
Application Fee $0$600
Monthly Fee $0$0
Annual Fee $395$0
Sample Cost
1 Years
$30,388$30,467
Savings After
1 Years
Save $79 
100% Offset Account Yes 
Extra Repayments YesYes
Redraw Facility YesYes
Contruction YesYes
More Information