Base Variable Rate Base Variable Rate (Principal & Interest) (Owner Occupied)
4.17%p.a Basic Variable
About National Australia Bank
Repayments calculated to take into account ongoing monthly and anual fees.
- Monthly repayment*
- rate per annum
Loan to Value Ratio
Borrow up to the maxium of 95% of the value of the property.
Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.
However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.
- Capitalise LMI
For Owner Occupied and Vacant Land in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 1 - 30 years
The level of financial documentaion and credit history required to apply for the loan.
- Full Doc
- Credit History
- Genuine Saving
Save on interest repayments by holding spare cash in an offset account.
- Offset account
Get quick access to cash by drawing on the loan to pay for renovations or other purchases.
- Redraw Facility
- Min Redraw
- Redraw fee
Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.
Some features you may wish to consider include:
- an offset account;
- ability to make extra repayments;
- a redraw facility; and
- linked credit card and savings accounts;
- ability to split your loan between fixed and variable interest rates
- Offset Account
- Redraw Available
- Internet Banking
- Telephone Banking
- Credit Card
- BPay Option
- Portability of Loan
- Professional Pack
- Check Account
- Direct Salary Credit
- Free Transactions
- Minimum Redraw
- Redraw Fee
You can make your repayments Fortnightly, Monthly, and Weekly.
- Interest Only Option
- Max Interest Only
- 0 years
Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.
Monthly and annual fees and charges during the loan period.
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
A $1,250 bonus is available with an eligible NAB Home Loan Banking Bundle from Monday 23 July 2018. There are two steps for customers to receive the $1,250 bonus: 1. NAB Home Loan Apply between 23 July 2018 and 2 December 2018, be approved and drawdown by 1 March 2019 Take out new NAB home lending of $250,000 or more Available on all NAB Home Loan products excluding lines of credit and Portfolio facilities 2. NAB Transaction Account Hold a personal NAB transaction account and continue holding it for the next 60 days Further details, T and Cs available at http://click.e.nabbroker.com.au/?qs=153004f508ec8d520c1ce61c49e63634f899a2248d43d91a3f88181a20d756912afce70ffe259044e130385a9222face33175abd19104efd Variable Owner Occupied and Investment Unlimited Additional prepayments Interest Only up to 5 Years Offset account and Construction not available Not available with Choice Package Total borrower exposure amount is $3.5M
Max LVR is 95% including LMI capitalisation. LMI payable for LVR greater than 80%. Refinance and Debt Consolidation can be considered up to 95% LVR on a case by case basis.
No Genuine Savings under 90% LVR, where LVR is greater than 90% NAB will require 5% Genuine savings.