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Basic Information

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Product Name Tailored HL - Choice Pkg $250,000> Lender National Australia Bank
Initial Rate % 6.54 Intro Rate
Initial Period 0 months Ongoing Rate % 6.54
Interest Type (Initial) Standard Variable Repayment (initial) P&I or I/O
Interest type (ongoing) Standard Variable Repayment (after initial) Principal and Interest
Max Term Fixed Rate % 0 Max Term Interest Only % 5
Repayment Frequency Fortnightly, Half-Monthly, Monthly, Weekly Maximum No of Loan Splits 2

Extended Information

States Available ACT, New South Wales, Northern Territory, Queensland, South Australia, Tasmania, Victoria, Western Australia Financials Required
Product Type(s) Construction,Construction,Equity,Equity,Investment,Investment,Owner Occupied,Owner Occupied,Vacant Land,Vacant Land, Non-conforming
Notes Effective 23rd February 2009, Choice Package Fixed rates will be set to differentiate them from standard Fixed Rates. Choice Package Fixed Rates area published on nab.com.au each Monday (please refer to rates page)
Loan Size/LVR
Minimum Loan Amount $ 250,000.00 Maximum Loan Amount $ 99,999,999.00 Capitalise LMI
Maximum LVR % 95 Minimum Loan Term 1 Max Loan Term 30
Loan Fees
Establishment $ 0.00   Cost to switch to fixed $ 300.00
Application Fee $ 0.00 Exit Fee $ 120.00
Valuation Fee $ 0.00 Ongoing Fees $ 33.00
Legal/Solicitor Fee $ 0.00 Ongoing Fee Notes $395 Annually
Settlement Fee $ 0.00  
Upfront Fees $ 0.00
Break cost conditions
Early Repayment Fee Notes DEF of $900 applies if loan paid out in first 4 years 
Other borrowing costs $ 0.00 Other Fee Notes  
Services
Internet Banking Telephone Banking Credit Card Option
Bpay Option Portability of loan Professional Pack
Cheque account access Reverse Mortgage Free Transactions per month 0
Redraw Available Minimum Redraw $ 2,000.00  
Offset Account 100% Direct Salary Credit  
Access Fees
Loan Redraw fee $ 0.00 ATM own wdfee $ 0.00 Fee per Cheque $ 0.00
EFTPOS fee $ 0.00 Internet banking fee $ 0.00 Internet access fee $ 0.00
Bpay charges $ 0.00