NAB Base Variable Rate Home Loan
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Moneybuddy says
The National Australia Bank Base Variable Rate Home Loan gives you no monthly fees and you can also make extra repayments to clear your debt sooner. Take advantage of the split loans facility and take out two loans for the one property. Use the payment holiday and have a break from your monthly commitment.
The Basics
Interest type -
Headline interest rate p.a. -
Max LVR -
Annual fee -
The cool stuff: features
Draw down loan progressively Yes
Insurance details -
Loan is Transferable Yes
Line of credit available No
Product suits Owner - Occupier
The Facts & Figures
Introductory rate p.a. -
Introductory term -
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Interest rate (p.a.) 2 years -
Interest rate (p.a.) 3 years -
Interest rate (p.a.) 4 years -
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Interest rate (p.a.) 15 years -
Comparison rate (p.a.) 1 year -
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Comparison rate (p.a.) 4 years -
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Comparison rate (p.a.) 7 years -
Comparison rate (p.a.) 10 years -
Comparison rate (p.a.) 15 years -
Comparison rate p.a. -
Minimum loan term -
Maximum loan term -
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Max loan amount -
Early repayments No
Redraw facility Yes
Repayment holiday Yes
Ability to split loan Yes
Extra repayments Yes
Offset account available No
Interest only payments Yes
The ugly stuff: fees
Application fee -
Valuation fee -
Subsequent valuation fee -
Valuation fee details -
Discharge fee -
Discharge fee details -
Legal fee -
Settlement fee -
Redraw fee -
* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing.
Pros
- Free loan transfer
- Interest only payments
- Competitive interest rate
Cons
- High application fee
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