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nab introductory rate home loan
NAB Introductory Rate Home Loan by National Australia Bank
NAB Introductory Rate Home Loan
Institution : National Australia BankTheir Blurb
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Our View
The National Australia Bank Introductory Rate Home Loan also gives you a credit card with no fees and a transaction fee with no fees. After the first 12 months your home loan then converts to the variable interest rate. Make extra payments and clear your loan sooner. Borrow against your property value use a redraw to get additional cash.
Pros
- Bonus credit card & transaction account
- Borrow 95% of your property worth
- Flexible repayments
Cons
- High application fee
Other National Australia Bank Products
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National Australia Bank Product Types
| The Facts & Figures | |
|---|---|
| Repayment Holiday | Yes |
| Introductory Term | 12.00 |
| Max Loan Amount | - |
| Ability to Split Loan | Yes |
| Max LVR | 95.00 % |
| Loan Type | Standard variable rate loan |
| Extra Repayments | Yes |
| Minimum Loan Term | - |
| Early repayments | Yes |
| Offset Account Available | No |
| Maximum Loan Term | - |
| Redraw Facility | Yes |
| Special offers | - |
| Min Loan Amount | - |
| The cool stuff: features | |
| Redraw fee | - |
| Application Fee | $ 600.00 |
| Interest only Payments | No |
| Administration Fee (monthly) | $ 10.00 |
| Draw Down Loan Progressively | Yes, only available with 1 year variable |
| Valuation Fee | - |
| Loan is Transferable | Yes |
| Legal Fee | - |
| Line of Credit Available | No |
| Settlemet Fee | - |
| Required Insurance | - |
