Nab home loan options
The National Australia Bank is currently promoting their home loans with discounted interest rates for those who sign up for a NAB 3 Year Introductory Rate home loan..
You can get an 0.8% p.a. discount on our standard variable interest rate for the first 3 years of your loan with the home loan product offering lenders more flexibility with their home loan mortgage repayments.
You also have the option of choosing between a discounted fixed or a discounted variable interest rate for the first three years.
The other notable feature of the NAB 3 Year Introductory Rate home loan is the ability to split your loan into fixed and variable amounts.
- Just remember that the banks are currently offering great home loan deals at the moment for fixed rate home loans.. The banks believe that the interest rates will fall some time in 2009 so by fixing your home loan interest rate until 2011 today may not be the right thing for you to do.
Seek professional advice before making a financial commitment that may cost you more than you are willing to pay if given the choice, once you have signed your contract you no longer have a choice.
Locking in your home loan today for three years may prove to be a financial masterstroke should interest rates continue to rise. You will need to consider both the financial gains and losses that you may incur before making a decision.
You don't need to be an Aussie customer
Ongoing low interest rates
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Calculate what is best for your financial situation with the Banks.com.au Online Calculators.
