| Home Loan Lender |
 |
NAB Home Loan |
|
| Home Loan Product Name |
Portfolio Package LOC>$1M |
| Interest Rate |
8.98% |
Comparison Rate
Estimated |
9.40% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,204.78 |
Total Paid
Estimated |
$450,300 |
| Establishment Fee |
$0.00 |
| Enquire/Apply |
 
|
| Target Market |
Professional & Investors or Lenders. A total financial solution that provides A Line of Credit and a range of banking and wealth management products and services for one annual package fee. |
| Acceptable Income |
A minimum income of $80K per household |
| Loan Term |
Max 30 Years |
| Loan Size |
Minimum amount $250K
,
No Maximum |
| Repayment Type |
Principal & Interest
,
Interest calculated daily upon drawdown on outstanding balance |
| Repayment Options |
Repayment frequency - weekly, fortnightly or monthly |
| Extra Repayments |
|
| Split Loan Facility |
Available up to 12 Sub Accounts |
| Offset |
Yes standard savings rate |
| Redraw Facility |
Yes - redraw on surplus funds where repayments to the loan are running ahead of the prescribed schedule (minimum $2,000). |
| LVR |
Investment Maximum LVR 95%
,
Owner Occupier Maximum & Vacant Land can be used as security together with residential Normal LMI applies above 80% We can look at 95% - but it is of course subject to LMI
,
Refinance Maximum LVR 95%
,
Debt Consolidation Maximum LVR 95% |
| Fees |
Annual Service Fee $550
,
No Application or Facility Fee
,
Other standard service fees may apply: repeat statements, dishonour fees etc refer to Guide to Fees & Charges - Personal Banking Fees. |
| Enquire/Apply |
|