NAB Clear Banking Home Loan

Freedom to move. A no frills variable rate home loan with no exit fees¹

NAB Clear Banking Home Loan is a simple no frills home loan that gives you the freedom to close your home loan at any time without having to pay exit fees (including not having to pay early exit fees or bank discharge fees)¹. There are no monthly service fees to pay and it’s available for home loans from $80,000.

Product overview $0 Exit fees You can close your home loan down at any time without having to pay exit fees. $0 Monthly fees There are no monthly service fees to pay. Variable rate Variable rate home loan. NAB Standard Variable Rate applies. Minimum loan amount Available for home loans from $80,000. Application fee $600. Additional repayments You can make extra repayments to pay off your loan sooner. Redraw (minimum $2000) Easily access extra cash if you’re ahead of scheduled repayments. Repayment holiday Take a break from repayments if you’re ahead of scheduled repayments. Interest only payment option Not available 100% offset Not available Maximum loan size as % of property value 95% Borrow up to 95% of the property’s value so you don’t have to wait until you’ve saved a large deposit Flexible repayment options Weekly, fortnightly or monthly. Suitable for self-employed Not available for ‘Low Doc’ process, if you don’t have the usual financial statements required for an application. Can be used for building Not available Split loans Not available Portability If you buy another home, you could keep the same loan and secure it against your new home. Available as part of Choice Package Not available with Choice Package. Interest rates View current interest rates or comparison rates.

¹Government fees and charges apply.

Fees and charges are payable. Terms and conditions apply and are available on request from NAB.