Life has changed and you need another house. You need more room.
You've reached the stage when it's time to upgrade your home. You're nearly ready to go - it's just a matter of getting your finance sorted. You need a home loan that is flexible enough to change with you.
Home loan specialists
We'll sort out what you want to achieve now, and develop the right solution for you. You'll see all your options, and how we give you room to move.
We'll demonstrate how to leverage your current equity to achieve those goals. If you already have a NAB home loan, we'll show how to keep your current loan and secure it against your new home. And remember, for added convenience, our Mobile Bankers can come to you.
Flexibility - giving you room to move
NAB can offer a repayment holiday. If you're ahead in your scheduled repayments you can take a break to give you further flexibility with your finances. You may also be able to use redraw that allows you to withdraw extra money you've paid into your home loan (i.e. above the scheduled repayment). So you have convenient access to your money when you need it for things like a holiday, a car, renovations or school fees.
Deposit guarantee
A deposit guarantee acts as a convenient substitute to paying a cash deposit on your new home. It's ideal if you have your extra cash/savings tied up in other investments like a term deposit or shares. NAB Deposit Power Guarantee can be used for up to 10% of the property value to a maximum of $100,000. And it can be used for all or part of the deposit. You'll need to pay the full purchase price at settlement.
Bridging finance is the easy way to buy before you sell
If you already own a home and want to buy a new home before you've sold your old one, we can provide bridging finance. This allows you to secure the house you want to buy, giving you time to sell your existing home.
Competitive rates
You'll start well at NAB with a competitive rate - you can be confident you've got a good deal which will help keep repayments manageable and pay off your loan sooner. So you can still have a life.
