ANZ Interests Rates Announcement 01-Jul-10
National Bank interest rates announcement 23-Oct-09
National Bank interest rates increases. 6mths +0.25% to 5.70% pa, 24mths +0.20% to 7.20% pa, 36mths +0.20% to 7.95% pa, 48mths +0.25% to 8.50% pa.
National Bank Thoroughbred home loan interest rates
| Variable |
Term |
Old Rate | Change | New Rate |
|---|---|---|---|---|
| Thoroughbred Variable |
n/a |
5.75% pa |
no change |
5.75% pa* |
| Thoroughbred Flexible (Revolving Credit) | n/a | 5.95% pa | no change | 5.95% pa# |
| Fixed |
Term |
Old Rate |
Change |
New Rate |
| 6 months |
5.45% pa |
+0.25% |
5.70% pa |
|
| 1 year |
5.99% pa | no change | 5.99% pa |
|
| Special | 18 months | 6.45% pa |
no change | 6.45% pa |
| 2 years | 7.00% pa | +0.20% |
7.20% pa |
|
| 3 years | 7.75% pa | +0.20% |
7.95% pa |
|
| 4 years | 8.25% pa | +0.25% |
8.50% pa |
|
| 5 years | 8.60% pa | no change | 8.60% pa |
For borrowing over 80% of a property’s value, a Low Equity Premium on a graduated scale will apply and a Registered Valuer's report will be required. Eligibility criteria and a Low Documentation fee apply to home loan applications without income verification. The above interest rates do not apply to Low Doc lending.
The National Bank’s lending criteria apply. All loan applications are subject to applicable fees. This information is current as at the date shown above and is subject to change.
Changes take effect
* Effective for existing loans 5 November 2009.
#Effective for new and existing loans 5 November 2009.
