NAB Portfolio Facility
6.81%
-
$550
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 6.81%
Max LVR -
Annual fee $550
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 -
Interest rate 3 years -
Interest rate 4 years -
Interest rate 5 years -
Interest rate 7 years -
Interest rate 10 years -
Interest rate 15 years -
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 $600
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
More from NAB
Question about
home loans?
Get advice now >
Got a question about home loans?
Enter your details below to enquire.My shortlist
You can shortlist products here & email them later.
No products currently shortlisted.












