Comparing Westpac Premier Advantage Package vs NAB Introductory 1 Year Variable Rate

Lender WestpacNAB
Home Loan Premier Advantage PackageIntroductory 1 Year Variable Rate
Interest Rate 6.39%6.22%
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

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 $2,499$2,455
Sample Term 30 years30 years
Home Loan Type VariableVariable
Application Fee $0$600
Monthly Fee $0$10
Annual Fee $395$0
Sample Cost
1 Years
$30,388$30,181
Savings After
1 Years
 Save $207
100% Offset Account Yes 
Extra Repayments YesYes
Redraw Facility YesYes
Contruction Yes 
More Information