| Home Loan Lender |
 |
NAB Home Loan |
|
| Home Loan Product Name |
No Frills >$250K |
| Interest Rate |
8.90% |
Comparison Rate
Estimated |
8.94% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,196.16 |
Total Paid
Estimated |
$431,160 |
| Establishment Fee |
$600.00 |
| Enquire/Apply |
 
|
| Target Market |
General Home Market |
| Acceptable Income |
PAYG SELF EMPLOYED |
| Loan Term |
Maximum loan term 30 Years |
| Loan Size |
Minimum amount $20K
,
No Maximum |
| Repayment Type |
Variable & Interest Only
,
Principal & Interest
,
Interest calculated daily upon drawdown on outstanding balance.
,
Interest Only available for both investors and Owner Occupiers maximum term of 5 years |
| Repayment Options |
Repayment frequency - weekly, fortnightly or monthly |
| Extra Repayments |
|
| Split Loan Facility |
Yes |
| Offset |
Not available |
| Redraw Facility |
Yes - redraw on surplus funds where repayments to the loan are running ahead of the prescribed schedule (minimum $2,000). |
| LVR |
Owner Occupier Maximum LVR 95%
,
Refinance Maximum LVR 95% higher LVR refer to Lender
,
Investment Maximum LVR 95%
,
Construction Maximum LVR 95%
,
Land Maximum LVR 95%
,
Debt Consolidation Maximum LVR 95% |
| Fees |
Application Fee $600
,
Settlement Processing Fee N/A
,
Valuation Fee N/A
,
Account Keeping Fee Nil
,
Legal Fees N/A
,
Increase fee $600
,
Early payout: No fees applicable.
,
Early Exit Fee if loan repaid in full within 4 years $900 |
| Enquire/Apply |
|