NAB Tailored Home Loan - Fixed Interest Rate
6.94%
95.00%
$96
Moneybuddy says
The National Australia Bank NAB Tailored Home Loan - Fixed Interest Rate give you piece of mind with an interest rate that won't change over the term of the loan. You can borrow 100% of your property value instead of saving a large deposit. Redraw cash when you need to or take a repayment holiday if you're ahead in your payments.
The Basics
Interest type -
Headline interest rate 6.94%
Max LVR 95.00%
Annual fee $96
The cool stuff: features
Draw down loan progressively -
Insurance details -
Loan is Transferable Yes
Line of credit available No
Product suits -
The Facts & Figures
Introductory rate -
Introductory term -
Interest rate 1 year 6.94%
Interest rate 2 years 7.49%
Interest rate 3 years 7.69%
Interest rate 4 years 7.79%
Interest rate 5 years 7.99%
Interest rate 7 years -
Interest rate 10 years 8.19%
Interest rate 15 years -
Comparison rate 1 year 7.34%
Comparison rate 2 years 7.42%
Comparison rate 3 years 7.50%
Comparison rate 4 years 7.58%
Comparison rate 5 years 7.71%
Comparison rate 7 years -
Comparison rate 10 years 8.08%
Comparison rate 15 years -
Comparison rate 7.34%
Minimum loan term -
Maximum loan term -
Min loan amount -
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 $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
- Guaranteed interest rate
- Interest only payments
- 'Low Doc' process available
Cons
- No offset account
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