NAB Portfolio Facility

NAB
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Headline interest rate
6.06%
Max LVR
-
Annual fee
$0

Moneybuddy says

The National Australia Bank NAB Portfolio Facility is a secure line of credit which gives you access to your equity more easily. Utilise the 100% offset and save interest and enjoy zero transaction or establishment fees. The portfolio lets you roll all your banking into one account which means you can save even more money.

The Basics

Interest type -

Headline interest rate 6.06%

Max LVR -

Annual fee $0

The cool stuff: features

Draw down loan progressively -

Insurance details -

Loan is Transferable Yes

Line of credit available Yes

Product suits -

The Facts & Figures

Introductory rate -

Introductory term -

Interest rate 1 year 0%

Interest rate 2 years 0%

Interest rate 3 years 0%

Interest rate 4 years 0%

Interest rate 5 years 0%

Interest rate 7 years 0%

Interest rate 10 years 0%

Interest rate 15 years 0%

Comparison rate 1 year -

Comparison rate 2 years -

Comparison rate 3 years -

Comparison rate 4 years -

Comparison rate 5 years -

Comparison rate 7 years -

Comparison rate 10 years -

Comparison rate 15 years -

Comparison rate -

Minimum loan term -

Maximum loan term -

Min loan amount $250,000

Max loan amount -

Early repayments No

Redraw facility Yes

Repayment holiday Yes

Ability to split loan Yes

Extra repayments Yes

Offset account available Yes

Interest only payments Yes

The ugly stuff: fees

Application fee $0

Valuation fee -

Subsequent valuation fee -

Valuation fee details -

Discharge fee -

Discharge fee details -

Legal fee -

Settlement fee -

Redraw fee -

* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.

Pros

  • Easier access to equity
  • No establishment fee & no monthly fees
  • Lower interest rate

Cons

  • Aimed mainly at high-end borrowers
  • $250 Annual fee

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home > compare home loans > NAB home loans > NAB Portfolio Facility