RateCity.com.au
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RateCity.com.au
NAB

Choice Package

Interest Rate

5.29

% p.a

Fixed - 1 year

Comparison Rate*

5.56

% p.a

Maximum LVR
95%
Real Time Rating™

3.43

/ 5
Monthly Repayment

$1,805

based on $300,000 loan amount for 25 years at 5.29%

Interest Rate

5.29

% p.a

Fixed - 1 year

Comparison Rate*

5.56

% p.a

Maximum LVR
95%
Real Time Rating™

3.43

/ 5
Monthly Repayment

$1,805

based on $300,000 loan amount for 25 years at 5.29%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,805

based on $300,000 loan amount for 25 years at 5.29%

NAB home loans are available through brokers who can help find the right loan and manage your application at no charge.

Melissa Huynh

5.0
1 Reviews

Get expert advice from a home loans specialist.

Melissa has many years experience within the Finance Industry. Having started her career as a Financial Planner and over 7 years as an award winning Mortgage Broker with a strong focus on customer service. Melissa is highly efficient and will get the job done! Whether you have a complex situation or Commercial loan Melissa will strive to find you the most competitive and suitable loan options and ensure you are educated and kept up to date throughout the process.

VIC3121

ACL: 481374

Eric Dong

5.0
21 Reviews

Get expert advice from a home loans specialist.

We want to help our clients create lives they love through financial control and empowerment. Only after we’ve listened to what our clients are trying to achieve, and understood their unique set of circumstances do we start devising bespoke solutions for them. We do the legwork, running around and hard work, you will never have a headache for a competitive interest rate or a simplization of the loan process. We will provide expert guidance and help along the whole way from our initial meeting. We have two consultation fee options for both commercial and residential lending advice.

QLD4116

CRN: 429699

Quick home loan review

For Choice Package Tailored Home Loan Fixed (Principal and Interest) 1 Year

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • No upfront fees
  • Suitable for low deposits

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No redraw and no offset
  • Loan reverts to higher rate after fixed period
  • Not available for first home buyers
  • Ongoing fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Choice Package Tailored Home Loan Fixed (Principal and Interest) 1 Year

Details

Maximum LVR

95%

Total Repayments

Next LVR

Interest rate type

Fixed - 1 year

Borrowing range

Suitable for

Owner Occupiers

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Yes - limited to $20000

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

0

Application fee

0

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$395 annually

Discharge fee

350

Application method

Online

Phone

In branch

Available
Not available
Data not captured
Specials
  • Cashback $2,000 cashback when you refinance a loan of $250,000 or more

Target Market Determination

Visit NAB to view Target Market Determination.

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k to $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 95 percent, which means it requires a minimum deposit of 5 percent

What's the maximum length for this loan?

NAB allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

NAB allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $0 worth of upfront fees.

Does this loan come with a redraw facility?

No, this loan doesn't come with a redraw facility.

How do you apply for this loan?

To apply for this loan, please contact NAB.

Can a broker help me with this loan?

Yes, this NAB loan is available through a broker. Find a broker to help you with your needs.