NAB Choice Package Tailored Home Loan (Principal and Interest) (Amounts < $250k) | Review & Compare Home Loans

Summary
Features & fees
Similar

Advertised Rate

3.92%

Variable

Comparison Rate*

4.32%

Maximum LVR

95%

Real Time Rating™

Monthly Repayment

$1,418

based on $300,000 loan amount for 25 years

Pros and Cons

Pros

No upfront fees
100% full offset account
Suitable for low deposits
Parents can sign as guarantor

Cons

Annual fee charged
Discharge fee at end of loan
Repayments may increase if RBA raises rates

NAB Fees and Features

Maximum LVR 95%	Interest rate structure Variable
Borrowing range $150k - $250k Calculate how much you can borrow	Total Repayments $510,480 View repayment schedule »
Principal & interest	Interest only
Loan term range 1 - 30 years	Offset account 100% offset account
Extra repayments Unlimited extra repayments	Redraw facility Redraw fee: $0
Allows split interest	Suitable For Owner Occupiers
Applicable States ACT, NSW, NT, QLD, SA, TAS, VIC, WA	Make Repayments Fortnightly, Monthly, Weekly
Total estimated upfront fees $0	Application fee $0
Settlement fee $0	Valuation fee $0
Legal fee $0	Other upfront fee $0
Ongoing fee $395 annually	Discharge fee $350
Property Type	SMSF Trustee
Minimum SMSF Amount

Compare and review home loans with similar features

Lower Rate

Premium Plus Package Variable Rate Home Loan Special (Principal and Interest) (LVR < 80%)

Real Time Rating™

Advertised Rate

Comparison Rate*

2.94%

Variable

3.34%

special

Includes a discounted rate off the Premium Plus Package Variable Rate Tier 4 home loan

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More Flexibility

Live-in Variable Loan (Principal and Interest)

Real Time Rating™

Advertised Rate

Comparison Rate*

2.39%

Variable

2.40%

No upfront or ongoing fees
Extra repayments + redraw services
Free redraw facility
Repayments may decrease if RBA cuts rates

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Major Banks

Simplicity PLUS Home Loan (Interest Only) (New Customer)

Real Time Rating™

Advertised Rate

Comparison Rate*

3.38%

Variable

3.17%

No ongoing fees
Parents can sign as guarantor
Extra repayments + redraw services
Free redraw facility

Enquire Now

Generic

Super Saver (Principal and Interest) (LVR < 80%)

Real Time Rating™

Advertised Rate

Comparison Rate*

2.19%

Variable

2.19%

special

Limited time offer - Must be approved by 31 July 2020 to get this rate

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National Australia Bank, more commonly known as NAB, is one of the big four banks in Australia. NAB is headquartered in Melbourne and has more than 900 locations across the country. NAB has over 30,000 employees who serve over 9 million customers.

NAB offers a wide range of home loans, including mortgages for first-time buyers, investors, renovators and refinancers.

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