NAB Choice Package Fixed 4 Years

The NAB Choice Package Fixed 4 Year Home Loan is a popular fixed rate product that has several appealing features. The Choice Package presents customers with the opportunity of receiving a lower interest rate discount on their loans.

Understanding repayments is often a key driver of people who take out this loan. Knowing your repayments often assists people in understanding their day to day budgets.

Lower interest rate than the standard fixed year product by 0.10% for loans sizes greater that $250,000.

There is an annual fee of $395 that covers all transaction costs associated with the loan. The product has no monthly or setup costs.

KEY BENEFITS

There are a number of attractive benefits:

Interest Rate Reduction

An interest rate reduction on the fixed 4 year rate by 0.10% on loans that are over $250,000. Lower interests rates equate to lower repayments on your home loan.

No Application Cost

There are no application costs.

Repayment Options are Flexible

Monthly, fortnightly and weekly repayments are all available.

Redraw Facility

Access further funds once the fixed term has completed. (Note: Minimum redraw of $2,000).

Self-Employed

If you are self employed or have limited tax documents, this product may be for you.