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NAB Portfolio Facility by National Australia Bank
NAB Portfolio Facility
Institution : National Australia BankTheir Blurb
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Our View
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.
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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National Australia Bank Product Types
| The Facts & Figures | |
|---|---|
| Min Loan Amount | $ 250000.00 |
| Repayment Holiday | Yes |
| Introductory Term | - |
| Max Loan Amount | - |
| Ability to Split Loan | Yes |
| Max LVR | - |
| Loan Type | Standard variable rate loan |
| Extra Repayments | Yes |
| Minimum Loan Term | - |
| Early repayments | No |
| Offset Account Available | Yes |
| Maximum Loan Term | - |
| Redraw Facility | Yes |
| Special offers | - |
| The cool stuff: features | |
| Settlemet Fee | - |
| Redraw fee | - |
| Application Fee | $ 0.00 |
| Interest only Payments | Yes |
| Administration Fee (monthly) | $ 0.00 |
| Draw Down Loan Progressively | - |
| Valuation Fee | - |
| Loan is Transferable | Yes |
| Legal Fee | - |
| Line of Credit Available | Yes |
| Required Insurance | - |
