Terms and conditions available on application. Except where stated, fees and charges may apply. Subject to normal lending criteria.
Information current at 01 August 2016, subject to change.
1 Withdrawals at any time up to the approved limit, and only available at the end of a fixed rate period (ie. when the rate becomes variable).
2 These benefits only apply to products and services as long as that product or service is part of your NAB Choice Package.
3 Before you choose an interest only period, take the time to consider these things:
- Your debt doesn’t reduce while you only pay your interest charges because you’re not paying any of the principal.
- You may owe more than your property is worth if its value decreases during an interest only period.
- Your scheduled repayments will increase once your interest only period ends.
4 Maximum 95% loan to value ratio (LVR) for principal & interest owner occupied home loans. Maximum 80% (LVR) for all interest only home loans. Maximum 90% (LVR) for construction loans.
Loan, investment and credit card accounts are only treated as being part of your NAB Choice Package if the NAB Choice Package offer document that you sign specifies that they are included in your package. Each other product or service described in these terms and conditions is only included in your package if you ask us to include it when you apply for it.
Comparison rates are based on a loan 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.