NAB Choice Package

The NAB Choice Package Variable Home Loan provides customers with a lower interest rate than the Standard Variable. The NAB Choice Package Variable Loan provides features that otherwise are not available to customers on the Standard Variable product.

This mortgage is NAB's professional package and most popular home loan amongst NAB clients. This is largely due to its low interest rate, quality features and flexibility it provides to clients.

Recently the Choice Package was voted by Money Magazine’s Best of the Best 2011 as the cheapest home loan package.

With low interest rates and flexible features it is no wonder that the NAB Choice Package is a favourite among consumers today.

KEY BENEFITS

This NAB home loan has various benefits:

Low Interest Rate

Customers enjoy a 0.7% discount off the standard variable rate offered by the NAB on loans greater than $250,000. This interest rate reduction allows clients to save money on their home loan. It also provides clients with the opportunity to pay back their home loan quicker.

Zero Application Fee

There is no cost to the consumer when signing up. No establishment costs is one of many benefits with the loan.

100% Offset Account

Customers on the packaged home loan have access to a 100% offset account. A 100% offset account is a savings account that allows customers to reduce their home loan repayments.

Extra Repayments

Have the luxury of repaying your loan sooner without being penalised.

Interest Only

Interest only is available for 5 years – paid monthly in arrears. This option is ideal for investors as well as owner occupiers.

One Annual Fee

All this is available for a single annual fee of $395. This minimal fee allows customers to have increased flexibility over their loan as well as discounted interest rates.