NAB Tailored Home Loan - Variable Interest Rate
A variable rate home loan packed with features to help pay off your loan sooner, including 100% offset.
With a NAB Tailored Home Loan you can link your loan to a transaction or deposit account for 100% offset to help reduce the interest on your loan, and you can pay additional lump sums without a prepayment fee. So you could save thousands and own your own home much sooner.
Apply for a home loan.
Product overview
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Additional repayments
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You can make extra repayments to pay off your loan sooner. |
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| Redraw (minimum $2000) | |
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 option1 | |
Up to 5 years interest only (paid monthly in arrears) for investors and owner-occupiers. |
| 100% offset | |
Helps reduce interest costs on a loan by linking the loan to a transaction or deposit account. |
| 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. (Interest only option payable monthly) |
Suitable for self-employed |
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'Low Doc' process available if you don't have the usual financial statements required for an application. |
| Can be used for building2 | |
Allows you to make progressive payments to builders. Only available with Interest only payment option. Interest only terms of 1 or 2 years. |
| Split loans | |
You can take out 2 different loans for the same property with just 1 application fee. |
| 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 |
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Combine all your banking needs into one convenient package for great discounts. |
| Interest rates | View current interest rates. | |
| Additional features |
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- 'LowDoc' not available for Interest Only loans.
- Building conditions not available with 'Low Doc' loans.
Fees and charges are payable. Terms and conditions apply and are available on request from NAB.
Judged Money Magazine's Best of the Best 2011 award for the Cheapest Flexible Home Loan. Ratings reviewed every 12months.
Judged Money Magazine's Best of the Best 2011 award for the Cheapest Home Loan package. Ratings reviewed every 12months.
Information current at 29/12/2010, subject to change.
Fees and charges are payable. Terms and conditions apply and are available on request from NAB.
