NBS Commercial Interest only
By paying interest only, your loan payments are minimised until capital becomes available to repay the loan.
- Payments only meet the interest coast of the loan
- Keeps your payments as low as possible
By paying interest only, your loan payments are minimised until capital becomes available to repay the loan.
| Fixed interest rates start from | 6.10% p.a. |
| Variable interest rates start from | 6.60% p.a. |
| Loan Establishment Fee | From $400.00 |
| Interest Rate Review | From $150.00 |
| Discharge Mortgage Fee | $130.00 |
| Default Interest Rate | 4.00% p.a. above annual interest rate |
| Default Administration Fee | $100.00 |
| Insurance Arrears Payment Fee | $15.00 |
| Rates Arrears Payment Fee | $25.00 |
| Motor Vehicle Security Variation/Security Swap Fee | $30.00 |
| Duplicate Statement Fee | $15.00 |
| Early Repayment Adjustment | $500.00 (minimum charge) |
| Early Repayment Administration Cost | $100.00 |
Early Repayment Adjustment (ERA)
Calculating the cost of an ERA is a complicated calculation and is not the same for everyone. There are many factor that are taken into account when working out an ERA cost, therefore we recommend you contact us for a quote. You'll find more information on the procedure for calculating the cost of an ERA in your loan agreement.
All lending is subject to NBS lending criteria, as well as the terms and conditions for each specific product. These are available from any NBS branch. Establishment fees and early repayment adjustments may also apply.