Details.
Take out a variable rate NAB Tailored Home Loan with offset. Split your new loan into variable and fixed rate portions. The minimum loan amount is $20,000 with no maximum, subject to standard assessment. Owner occupiers can borrow up to 95% of the property's value with principal and interest repayments or 80% with interest only repayments. Investors can borrow up to 90% of the property's value with principal and interest or interest only repayments. Link up to 10 100% interest offset accounts to a variable rate loan. Redraw is available with a minimum $500 per redraw transaction if you are at least one full repayment ahead of schedule. Additional repayments are available with no additional fees. An ongoing $12 monthly loan service fee applies per loan account and there is no application fee. Terms and conditions apply, fees and charges are payable, and applications are subject to NAB's credit approval criteria.
