NAB Defence Force Home Loan
What happens when I click Enquire Now?
- Clicking Enquire Now will take you to the lender's website
- After completing the contact form, a mortgage expert will contact you
- The mortgage expert will ensure you find the right loan, calculate your repayments, and explains all the associated fees
- After going through the enquiry process you will be able to know how much you can borrow, begin your application when you are ready to apply and be approved for a home loan
People in the defence force work hard and are on stable incomes. When you are in the defence force you are doing a service for the country and the NAB would like to reward you for it. The NAB Defence Force Home Loan is a home loan which is specifically offered to people who are in the Australian Defence Force. The NAB Defence Force Home Loan offers people in the Australian Defence Force a great home loan package with discounts. You can receive discounts on the interest rate and many other features so that paying off your home can be as easy as possible. This article will explain what features are available with the NAB Defence Force Home Loan.
Features of the NAB Defence Force Home Loan
The NAB Defence Force Home Loan offers people who are working in the Australian Defence Force unique discounts on their home loans. The discounts offered are:
- Discounted interest rate. The NAB Defence Force Home Loan offers people who are in the defence force a discount on their interest rates. You will receive a 0.7%p.a discount on the standard variable interest rate offered by the NAB.
- Fix your interest rate. The NAB Defence Force Home Loan allows you to fix the interest rate of your loan. While you will not receive any discounts on the interest rate, you will have peace of mind that your repayments will not change during the fixed period. The NAB Defence Force Home Loan allows you to fix the interest rate for either 1-5 years or 10 years.
- Split the loan. By splitting the loan you are able to take advantage of different types of loans. The NAB Defence Force Home Loan allows you to split your home loan the way you want. You may opt for a 50/50 split of a variable (discounted) interest rate and a fixed rate. This will allow you to take advantage of times when the interest rate is lowered while protecting yourself from periods when the interest rate is high. The NAB Defence Force Home Loan allows you split the loan in many ways with a variety of loan products.
- Include the NAB Defence Force Home Loan in Choice Package. The NAB Defence Force Home Loan allows you to add the choice package onto your home loan. For a single annual fee you can group many of the fees and charges that are usually charged on the home loan and receive other discounts. The home loan choice package gives you to:
- Further discounts on the variable interest rates
- Discounts on some fees and the elimination of other fees
- No credit card fees
- Lower insurance premiums
- and bonus interest rates on a selected term deposit
People who work in the defence force deserve to receive discounts from on their home loans. So now people who participate in the Defence Home Ownership Assistance Scheme can. The NAB Defence Force Home Loan gives you a variety of discounts and features that can help you save money. The main feature of the NAB Defence Force Home Loan is the discounted variable interest rate. However, the NAB Defence Force Home Loan also allows you to take advantage of many additional features such as the ability to split your loan, fix your interest rate and add on the NAB Defence Force Home Loan Choice Package. By taking advantage of all the features that the NAB Defence Force Home Loan has to offer you can save thousands simply by selecting this loan.
Read the official terms and conditions
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