| Home Loan Lender |
 |
NAB Home Loan |
|
| Home Loan Product Name |
Tailored Rate |
| Interest Rate |
7.74% |
Comparison Rate
Estimated |
8.50% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,138.52 |
Total Paid
Estimated |
$414,240 |
| Establishment Fee |
$600.00 |
| Enquire/Apply |
 
|
| Target Market |
General Home Market |
| Acceptable Income |
PAYG SELF EMPLOYED |
| Loan Term |
Loan Term 30 Years ( Renewable yearly) |
| Loan Size |
Minimum amount $20K
,
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 |
Yes |
| 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 |
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% |
| Fees |
Application Fee $600 for < $300K
,
Application Fee $0 for > $300K
,
Valuation Fee N/A
,
Account Keeping Fee $10pm
,
Legal Fee N/A
,
Increase Fee N/A
,
Early Exit Fee if loan repaid in full within 4 years $900 |
| Enquire/Apply |
|