ENJOY A $2,000 HOME BUYING BONUS1

Found the right home for you and ready to buy? With NAB, you could receive a $2,000 bonus to make that move a little easier.

An eligible NAB Transaction account is required.

Drawdown between 17 June and 31 December 2019.

1 See Important Information including eligibility and lending criteria and terms and conditions below.

Enquire now

Enjoy a $2,000 Refinance Bonus2

Refinancing your property can be challenging enough. Having the opportunity to receive a $2,000 bonus when you refinance your home loan with NAB could make that move a little easier.

An eligible NAB Transaction account required.

Drawdown by 31 December 2019.

2 See Important Information including eligibility and lending criteria and terms and conditions below.

Enquire now

3.35% p.a. BASE VARIABLE RATE OFFER3

Enjoy a special rate of 3.35% p.a. (comparison rate 3.39% p.a.~) on a NAB Base Variable Rate Home Loan when you are an owner occupier making principal and interest repayments with less than or equal to 80% total NAB Lending to Value ratio (LVR).

For customers where LVR is higher than 80%, the special rate is 3.55% p.a. (comparison rate 3.59% p.a.~)

3~ See important information including the comparison rate warning below.

Enquire now

SPECIAL FIRST HOME BUYER OFFER4

NAB is here to help first home buyers with a special home loan rate of 3.09% p.a. (comparison rate 4.49% p.a.)* on a 2 year fixed rate NAB Tailored - Choice Package - Principal and Interest loan for owner-occupier borrowers. Minimum lending of $150,000 applies.

4~See Important Information including the comparison rate warning, below.

Enquire now

2 YEAR FIXED RATE5

NAB is here to help with an attractive fixed home loan rate of 3.19% p.a. (comparison rate 4.51% p.a.)~ on a 2 year fixed rate NAB Tailored - Choice Package - Principal and Interest loan for owner-occupier borrowers. Minimum lending of $150,000 applies.

5~ See Important Information including the comparison rate warning, below.

Enquire online

Important information

1 $2,000 Home Buying Bonus
To be eligible for the $2,000 Home Buying bonus, customers need to drawdown a new home loan, or increase the limit of an existing home loan by $250,000 or more. Eligible NAB Home Loan products only. Customers must hold a NAB transaction account. Specifically, customers need to meet the following eligibility criteria:

1. NAB Home Loan

  • Drawdown must occur between Monday 17 June 2019 and Tuesday 31 December 2019 inclusive (“Offer Period”).
  • The Home Buying Bonus is only available to new and existing customers who drawdown a new loan or increase the limit of an existing loan by $250,000 or more into an eligible NAB Home Loan product.
  • Available on all NAB Home Loan products excluding refinances, lines of credit and Portfolio facilities or loans for building and construction purposes (BICOE loans).
  • The offer is only available to individuals, including both owner-occupiers and investors. Businesses, trusts, non-resident borrowers and other non-natural persons are ineligible for the Home Buying Bonus.
  • The offer is not available on uBank or Advantedge loans.
  • The Home Buying Bonus is available only once per home loan application and per security. However, a customer is eligible to receive further bonuses if they drawdown additional loans on separate securities. Where there is a joint application, only the primary applicant will receive the Home Buying Bonus. However, either applicant may be eligible for additional bonuses for further loans drawn down on separate securities, subject to meeting other eligibility criteria.

2. NAB Transaction Account

  • At the time of drawdown, the primary (first named) home loan applicant must hold a personal NAB transaction account and continue holding it for at least the next 90 days.
  • The nominated NAB transaction account must be open at the time the $2,000 Home Buying Bonus is to be credited to the account.
  • The $2,000 Home Buying Bonus will be credited to the nominated NAB transaction account of the applicant within 90 days of drawdown of the home loan. Where there are joint applicants, the bonus will be deposited into the account of the primary (first named) applicant.

Other Important Information

  • The Home Buying Bonus is limited to a single $2,000 Home Buying Bonus per home loan application and per security. This means that:
    • where there are joint applicants on a particular home loan application, the $2,000 Home Buying Bonus is only payable once to the primary applicant (provided all other eligibility criteria are met); and
    • where there is a split loan for one security, the applicant is only eligible for the $2,000 Home Buying Bonus once.
  • During the period between 17 June 2019 and 31 December 2019, an individual may only be eligible for either the $2,000 Refinance Bonus or the $2,000 Home Buying Bonus offer if drawing down the same security.
  • A customer may receive the Home Buying Bonus multiple times if they draw down on further loans for different properties/securities during the Offer Period, provided all other eligibility criteria are met.
  • Terms, conditions, fees, charges eligibility criteria and lending criteria apply for all NAB products (available on request).
  • Individuals (including any joint applicant) who received the NAB $1,250 bonus or the NAB $2,000 Refinance Bonus in 2018 or 2019, as well as NAB staff, may also be eligible for this Offer, provided all eligibility criteria are met.
  • A change to an existing NAB Home Loan which results in a new account number does not qualify as an eligible refinance.

Correct as at 1 July 2019

NAB may vary or end this offer at any time without notice.

2 $2,000 NAB Home Loan Refinance Offer

To be eligible for the $2,000 NAB Home Loan Refinance Offer, customers need to be refinancing an existing loan of $250,000 or more and hold a NAB transaction account. Specifically, customers need to meet the following eligibility criteria:

1. NAB Home Loan

  • Drawdown must occur between 15 April 2019 and 31 December 2019 inclusive (“Offer Period”).
  • Offer is only available to new and existing customers who are refinancing an existing loan from another financial institution of $250,000 or more into an eligible NAB Home Loan product. Offer is not available for new purchases.
  • Available on all NAB Home Loan products excluding lines of credit and Portfolio facilities or loans for building and construction purposes (BICOE loans).
  • Not available for refinances of existing NAB, uBank or Advantedge home loans.
  • Not available for refinances into a uBank or Advantedge home loan.
  • Offer is only available to individuals, including both owner-occupiers and investors. Businesses, trusts, non-resident borrowers and other non-natural persons are ineligible for the Offer.
  • Limited to one bonus per customer. This means that a customer who has already received the $2,000 Refinance Offer once during the Offer Period is ineligible to receive a further bonus, regardless of the number of loans they refinance. In the case of joint applicants, if one of the applicants has received the offer in the Offer Period for a different loan, both applicants will be ineligible to receive a further bonus.

2. NAB Transaction Account

  • At the time of drawdown, the primary (first named) home loan applicant must hold a personal NAB transaction account and continue holding it for at least the next 90 days.
  • The nominated NAB transaction account must be open at the time the $2,000 Refinance Offer is to be credited to the account.
  • The $2,000 Refinance Offer will be credited to the nominated NAB transaction account of the applicant within 90 days of drawdown of the home loan. Where there are joint applicants, the bonus will be deposited into the account of the primary (first named) applicant.

Other Important Information

  • This offer is limited to a single $2,000 Refinance Offer per customer and per home loan application. This means:
    • where there are joint applicants on a home loan application, the $2,000 Refinance Offer is only payable once (provided all other eligibility criteria are met);
    • in the case of joint applicants, if either of the applicants have received the $2,000 Refinance Offer in the Offer Period (even if it’s for a separate loan), all applicants are deemed to have received the Offer and are ineligible for a further $2,000 payment; and
    • where there is a split loan for one security, the applicant is only eligible for the $2,000 Refinance Offer once.
  • Terms, conditions, fees, charges eligibility criteria and lending criteria apply for all NAB products (available on request).
  • Individuals who received the NAB $1,250 bonus in 2018 or 2019, as well as NAB staff, may also be eligible for this Offer, provided all eligibility criteria are met.
  • A change to an existing NAB Home Loan which results in a new account number does not qualify as an eligible refinance.

Correct as at 1 July 2019

NAB may vary or end this offer at any time without notice.

3 Base Variable Rate Offer

The Discount Offer (“the Offer”) is a discount off the advertised Base Variable Rate for Home Loans indicator rate:

Where Loan to Value Ratio (LVR) ≤80% the discount is 1.44% p.a.
Where Loan to Value Ratio (LVR) >80% the discount is 1.24% p.a.

For the purpose of the Offer, Loan to Value Ratio means total NAB home lending divided by the total value of secured property.

The Offer is available on a new Base Variable Rate Home Loan - Principal and Interest home loan of $20,000 or more, for owner occupier borrowers only.

The Offer is available from 7 March 2019 until withdrawn by NAB . NAB may vary or end this offer at any time without notice. To be eligible for the Offer, an application must be submitted during the period that the offer is available and then approved, and drawn down within the time period set out in the applicant’s loan offer.

The Offer is available for new lending only. The Offer is not available for any variation or change of loan purpose of any existing NAB home loan where a new application is not required, except existing NAB borrowers who apply for an increase in their NAB Base Variable Home Loan – Principal and Interest home loan of $20,000 or more.

The Offer will permanently cease to apply to any otherwise eligible NAB Base Variable Rate Home Loan on the earlier of:
any change to loan purpose or repayment type; or
loan ceases to be a NAB Base Variable Rate Home Loan

The Offer is not available in conjunction with any other discount offer that may apply to NAB Home Loans from time to time. Not available to company and trust account holders.

4 Special First Home Buyer Offer Terms and Conditions:

The Discount Offer (“the Offer”) is a discount of 0.10% p.a. off the advertised 2 years Package Fixed Rate for Home Loans indicator interest rate, for borrowers making principal and interest repayments.

The Offer is available where the following 4 criteria apply:

  • On a new 2 year fixed rate NAB Tailored Home Loan – Choice Package – Principal and Interest home loans of $150,000 or more
  • For owner occupier first home buyers who have never previously purchased a property; all applicants for the loan must be first home buyers
  • For new purchases of residential properties only, excluding standalone loans for vacant land
  • Maximum Loan to Value ratio (LVR) 90% applies

The Offer is available from 12 July 2019 until withdrawn by NAB (“Offer Period”). NAB may vary or end this offer at any time without notice. To be eligible for the Offer, you must apply during the Offer Period, be approved and settle within the time period set out in your loan offer.

The Offer is not available on NAB Variable Rate Home Loans (including where you change from the fixed rate to a variable rate during the 2 year fixed rate term). The Offer is available for new lending only. The Offer is not available for any loan refinance, variation or change of loan purpose of any existing NAB home loan.

The Offer will permanently cease to apply to any otherwise eligible NAB Home Loan on the earlier of:

  • the conclusion of the 2 year fixed rate term, whether due to expiry of the term or early termination; or
  • any "economic cost event" occurs under the loan (such as early repayment during the fixed rate term; or where you change to another fixed interest rate with a new fixed rate period during the 2 year term); or
  • your loan ceases to be part of a NAB Choice Package

5 2 Year Fixed Rate Terms and Conditions:

To be eligible for this offer, a maximum loan to property value ratio (LVR) of 95% applies.

Fees and charges are payable. Terms, conditions and lending criteria apply. Rates and information current as at 12 July 2019 and are subject to change at any time. NAB Tailored Home Loan fees, charges, terms and conditions are available on request. NAB Choice Package fees, charges, terms and conditions. Annual package fee may apply. Choice Package discounts and benefits only apply whilst your loan is part of a NAB Choice Package.

~Comparison rates calculated on secured loan amount of $150,000 over a term of 25 years. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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