NAB Owner Occupied Home Loan from 1.89% 2 Year Fixed

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Store RepLoan Base @ Loan Base on 18/03/2021 - 08:13 nab.com.au (187 clicks)
Last edited 18/03/2021 - 09:58 by 1 other user

NAB has just announced new rate cuts including a 1.89% 2 Year Fixed Owner Occupied product. All available with their $2,000 refinance cashback.

Please see current NAB rates below.

Owner Occupied P&I < 80% LVR

• 1 Year Fixed - 2.09% (4.16% CPR)
• 2 Year Fixed - 1.89% (3.97% CPR)
• 3 Year Fixed - 1.98% (3.83% CPR)
• 4 Year Fixed - 1.98% (3.69% CPR)
• 5 Year Fixed - 2.24% (3.66% CPR)

Investment P&I < 80% LVR

• 1 Year Fixed - 2.54% (4.73% CPR)
• 2 Year Fixed - 2.29% (4.51% CPR)
• 3 Year Fixed - 2.44% (4.37% CPR)
• 4 Year Fixed - 2.94% (4.38% CPR)
• 5 Year Fixed - 2.94% (4.28% CPR)

Investment IO < 80% LVR

• 1 Year Fixed - 2.69% (4.81% CPR)
• 2 Year Fixed - 2.49% (4.60% CPR)
• 3 Year Fixed - 2.59% (4.45% CPR)
• 4 Year Fixed - 3.09% (4.44% CPR)
• 5 Year Fixed - 3.09% (4.32% CPR)

Fees

• $0 upfront fees
• Ongoing fee of $395 per annum for the Breakfree package
• Includes credit card with annual fee waiver

NAB Cashback Conditions

• Requires $250k minimum lending
• $2,000 for refinances
• Must settle by 30th April

Variable Rates

We can apply for variable pricing discretions. Please get in touch to discuss these as we cannot post them online.

Alternatives

Depending on your total utilised lending size and LVRs, we can offer a number of alternative lender options with lower fixed rates and lender cashbacks as high as $4,000 for a single property (potentially higher cashbacks if you refinance/purchase additional properties). Please reach out to discuss your options.

Comparison Rates

Any quoted comparison rate is only true for the example given and may not include all fees and charges. Different terms, loan amounts or fees may result in a different comparison rate. Comparison rates are based on a loan amount of $150,000 over a loan term of 25 years.

As a broker, we can also apply for variable pricing discretions - for both variable loans and the variable revert rate on fixed loans.

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BROKER CASHBACK

If your lending is above $500k, and you are fixing for at least 2 years, please get in touch to confirm what additional broker cashback we can offer you.

HOW TO APPLY

Our team is here to help, and will work to ensure we obtain the best pricing discretions possible for any variable rates (including the revert rate from the fixed product). You can lodge an enquiry via our platform here - https://loanbase.com.au/compare-home-loans-fva, or contact one of our brokers directly with their details below:

Andrew Loucas, Email: [email protected], Calendar link: https://calendly.com/loanbase-andrew/quickchat
Leo Gonzales, Email: [email protected], Calendar link: https://calendly.com/loanbase-leo/initial
Eric Cheng (available after hours), Email: [email protected], Calendar link: https://calendly.com/loanbase-eric/quickchat

Loan Base Pty Ltd (ABN 95 162 141 915) · Australian Credit Licence Number 508 308
Head Office: Level 1, 1-5 Link Road, Zetland, NSW, 2017. Phone: 1300 512 377.

mod: Removed duplicate from title.

Related Stores

National Australia Bank Group (NAB)

Loan Base

Third-Party

• 

  dylanando on 18/03/2021 - 10:00

  +1

  Can someone give me some money so I can get a home loan. Thx

  • 

    pyramid on 18/03/2021 - 10:07

    +4

    Can someone give me some money so I can loan it to dylanando . Thx

    • 

      fringe-benefits on 18/03/2021 - 13:40

      +2

      Apt username!

    • 

      dylanando on 18/03/2021 - 15:52

      Ty. Thought that counts xx

• 

  leeroys_dad on 18/03/2021 - 10:04

  looks great but you need to take into account the ongoing $395 annual fee. This is huge if you are keeping the loan for a long time and debt recycling. might be better off looking elsewhere

  • 

    richmond12 on 18/03/2021 - 10:08

    Don’t most have annual fees? Which ones dont?

    • 

      sarge_017 on 18/03/2021 - 10:12

      My fixed rate has a monthly fee of $8, so roughly 1/4 the cost of the NAB package. NAB has a credit card included though.

      • 

        richmond12 on 18/03/2021 - 10:20

        Dam how come no one ever told me about this option

    • 

      leeroys_dad on 18/03/2021 - 11:27

      loans.com.au don't

    • 

      happyhammer on 18/03/2021 - 19:00

      +1

      There's so many options now a lot don't have fees but may have higher interest rates. Just depends on how much you need to borrow.
      Key is have the ability to overpay or have an attached offset.

• 

  richmond12 on 18/03/2021 - 10:19

  Is this rate only available to this broker or do you call nab up?

  • 

    Store RepLoan Base @ Loan Base on 18/03/2021 - 12:19

    Hi richmond12, I believe you can access this through a broker or through nab directly.

    However, if your lending is over $500k and you'd like to apply to refinance and fix your loan for at least 2 years, please let us know and we may be able to add in a broker cashback to incentivise you to lodge through us instead of directly with nab (in addition to acting in your best interests and assisting you with lending across our panel of over 50 lenders moving forward).

• 

  Lunarboogie on 18/03/2021 - 12:57

  Thanks OP. How likely is to settle by 30 April? I thought banks were under the pump and timelines had blown out a bit (though I think that may have only been for ANZ).

  • 

    Store RepLoan Base @ Loan Base on 18/03/2021 - 13:20

    Good question Lunarboogie - you are right in that all of the majors seem to have seen a blow-out in SLA's lately and nab is no exception. This means that there is a chance that the loan would not settle by 30 April.

    With that said, in my experience, when significant and widespread lender-side delays are the primary cause for a customer missing a cashback expiration date the lenders either extend the deadline or provide exceptions to have the cashback offer honoured anyway.

    No guarantee that this would be the case here, but I would be surprised if there weren't one way or another that we could ensure clients receive the cashback if their application finalisation is delayed through no fault of their own.

  • 

    Unseatingcargo1 on 19/03/2021 - 01:28

    Very doable with ING or Macquarie.