Lender Name

NAB

Product Name

PORTFOLIO PACKAGE

Product Type

PROFESSIONAL

Interest Rates

Latest Interest Rates

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Redraw Facility

Yes - redraw on surplus funds where repayments to the loan are running ahead of the prescribed schedule (minimum $2,000).

Offset

Yes standard savings rate

Fees

Annual Service Fee  $550
No Application or Facility Fee
Other standard service fees may apply: repeat statements, dishonour fees etc refer to Guide to Fees & Charges - Personal Banking Fees.

LVR

Investment Maximum LVR 95%
Owner Occupier Maximum & Vacant Land can be used as security together with residential Normal LMI applies above 80% We can look at 95% - but it is of course subject to LMI
Refinance Maximum LVR 95%
Debt Consolidation Maximum LVR 95%

Repayment Type

Principal & Interest
Interest calculated daily upon drawdown on outstanding balance

Repayment Options

Repayment frequency - weekly, fortnightly or monthly

Repayment Method

Repayments can be made directly from a FlexiAccount

Extra Repayments

Additional repayments permitted.
Early payout: No fees applicable.

Special Offers

Package Benefits
Credit Cards Gold Cards, No Annual Fees, Free Reward Program
Discounts on General Insurance
Personal Insurance
Financial Planning
Investments 0.20% pa discount on fixed and variable rates for NAB Marginal Lending & bonus margin rate of 0.25% pa on NAB Standard Term Deposit.

Term

Max 30 Years

Loan Size

Minimum amount $250K
No Maximum

Mortgage Insurance

Lender  mortgage insurance applicable if LVR greater than 80%

Acceptable Income

A minimum income of $80K per household

Product Change

Available

Statements

Issued 6 monthly or upon request

Portability

Availabe

Split Loan Facility

Available up to 12 Sub Accounts

Special Notes

Target Market

Professional & Investors or Lenders. A total financial solution that provides A Line of Credit and a range of banking and wealth management products and services for one annual package fee.