NAB 6.70% Compare Home Loans
NAB Line of Credit Home Loan

NAB Home Equity

The NAB Home Equity Line of Credit is a great product from the NAB that allows customers to access the equity they have built up in their home. The value can be unlocked and money invested in other areas.

The product provides the flexibility that clients desire to assist them in paying off the loan. Accessing this product is simple and can be obtained with a low monthly fee of $15.

KEY BENEFITS

There are a number of reasons why you would consider this home loan:

Easy Repayments

Repay the loan whenever you like and as often as you like. These repayments can be made electronically making it user friendly.

Split the Loan

Take out two loans on the same property and only pay for one establishment fee. This flexible feature allows you to join the Nab Home Equity Loan with another loan such as the NAB Tailored Variable loan so that you can benefit off multiple features. This way you can access benefits such as the 100% offset account.

Cheap Interest Rate

Enjoy a low rate with the NAB Home Equity Line of Credit. Cheaper rates are a fantastic way to save money on your debts.

Portable Loan

This is a portable loan. A portable loan means that if you purchase another property whilst still paying off the loan you can move it across to the new property. The benefits include saving on switching cost that are associated with a new home loan.

 

Home Loan Information
Interest rate:6.70% pa
Loan type:Line of Credit
Min deposit:10%
Fees
Application fee:$600
Monthly fees:$0
Annual fees:$0
Features
100% offset:
Extra repayments:
Redraw facility:
Construction:
Repayments
Monthly: $1,936
(sample scenario based on $300,000 loan over 30 years)
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