Features of our Basic Home Loans are:
Variable loans offer excellent flexibility and enable you to take advantage of market conditions. The rate fluctuates with the market – however, Nationwest offers one of the lowest standard variable rates on the Australian market, so you will always be in a competitive and advantageous position.
There are no limits on how much extra you can pay, and our loan offers free redraw facilities. Combined with a low deposit requirement, the Nationwest Basic Loan is well suited to clients wanting to save money and cut years off their home loan.
Added features are free phone and Internet banking, coupled with the choice of Principle and Interest and Interest only repayments.
The highlighted interest rate is based on a Loan for $250,000. With a residential house in a City or Major region Town in Australia with a value of $450,000.