Terms and conditions, fees and charges, and normal lending criteria apply. 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. Different amounts and terms will result in different comparison rates. WARNING: This comparison rate applies only to the example or examples given. Choice Package discounts and benefits only apply whilst the loan is part of a NAB Choice Package.Ĭomparison rates are based on a loan of $150,000 over a term of 25 years. Rates and information current as at 31 July 2017 and subject to change. You will have the ability to budget knowing your repayments. You will be protected against interest rate rises for the duration of the period. Your minimum repayments won’t change during the fixed period. Terms, conditions and lending criteria apply. Benefits The main benefit of a fixed rate home loan is certainty around your repayments. The Offer is not available in conjunction with any other discount offer that may apply to NAB Home Loans from time to time.įees and charges are payable. To be eligible for the Offer, a maximum loan to property value ratio (LVR) of 90% applies. your loan ceases to be part of a NAB Choice Package.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.the conclusion of the 2 year fixed rate term, whether due to expiry of the term or early termination or.The Offer will permanently cease to apply to any otherwise eligible NAB Home Loan on the earlier of: The Offer is not available for any loan refinance, variation or change of loan purpose of any existing NAB home loan. The Offer is available for new lending only. 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). 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 best product I've found for this is the NAB Equity Builder Loan. The Offer is available from 16 March 2017 until withdrawn by NAB (“Offer Period”). the 'Close to Home Premium' tab in the Barefoot Disciple Calculator will help. For new purchases of residential properties only.For owner occupier first home buyers who have never previously purchased a property all applicants for the loan must be first home buyers.On a new 2 year fixed rate NAB Tailored Home Loan – Choice Package – Principal and Interest home loans of $150,000 or more.The Offer is available where the following 3 criteria apply: off the advertised 2 years Package Fixed Rate for Home Loans indicator interest rate. The Discount Offer (“the Offer”) is a discount of 0.19% p.a. FREE Budget Planner – Assured Home Loans.The NAB calculator is a great tool for evaluating the affordability of a particular loan and determining the best repayment plan that suits one’s budget. This tool helps individuals plan their finances and allows them to see the impact of interest rates, loan term, and loan amount on their repayments. It also helps in comparing loan options from different lenders. The calculator will provide them with a repayment amount, which gives them an indication to see if they can afford to pay off the loan. To use the NAB calculator, users need to enter the loan amount, the interest rate, and the loan term. The calculation can be based on the monthly, fortnightly, or weekly repayment amount, depending on the frequency of the loan repayments. The NAB calculator uses a formula to calculate the repayments, taking into account the interest rate, the loan amount, and the loan term. Typically, it is used to estimate mortgage payments, personal loans, and car loans. NAB calculator is a financial tool that helps individuals calculate their loan repayment amount based on the principal amount, interest rate, and loan repayment term.
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