More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/NAB.png
Comparison Rate
5.21
Name
Tailored Home Loan Choice Package $250k - $750k IO Investment (Construction only)
Lender
NAB
Product Name
National Choice Variable
Product Details
Construction max 90% LVR (Construction loans are interest only during construction. Once the interest only period of the loan ends, the loan becomes principal and interest. If customers finish building before then, they can change the loan over to principal and interest). Restrictions may apply in some locations. 100% offset available after construction.
Variable Rate
5.12
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
350
Ongoing Fees
395
Valuation Fees
Lenders Legal Fees
Lenders Settlement Fees
Minimum Loan Amount
250000
Max Loan Amount
749999
Owner Occupied
N
Investment
Y
Repayment Option
Interest Only
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
Standard Variable
Y
Fixed
N
Interest In Advance
N
Reverse Mortgage
N
Basic
N
No Doc
N
Low Doc
N
Equity
N
Intro
N
Credit Impaired
N
Professional Pack
Y
Minimum Loan Term (years)
1
Max Loan Term (years)
30
Rate Details
Fee Details
No application or facility fee. Package fee paid annually.
Internet Banking
Y
Mortgage Offset Available
Y
Redraw Details
Fee: $NIL Details: Min Redraw $2000
Redraw Facility
Y
Construction
Y
Can Make Extra Repayments
Y
Repayments Fortnightly
N
Repayments Monthly
Y
Repayments Weekly
N
Salary Direct Available
Y
Portability
Y
Split Available
Y
Split Details
Refer to Lender