Home Loans

Flexi Loan

Your home loan and transactional banking in one easy to manage account.

Simplify your finances by combining your home loan and transactional banking into one easy to manage account.

You can draw funds up to your credit limit and repay funds at any time, giving you flexibility.

How a Flexi Loan works

A maximum credit limit is applied to your NBS Flexi Loan (based on NBS Lending Criteria) that you can repay, redraw or reduce at a pace that suits your needs. 

All borrowings are at NBS’ current variable home loan interest rate and calculated daily (debited monthly).  With a variable rate the interest charged on your Flexi Loan can go up or down, depending on market changes. 

You also have the flexibility to increase repayments whenever you like, or to make lump sum payments.

Rates & Fees

NBS Home Loan Rates
1 Year Fixed 3.45% p.a.
2 Year Fixed 3.49% p.a.
Variable 4.95% p.a.
NBS Flexi Loan - Interest rates start from 4.95% p.a.

Interest rates are subject to change.

NBS Flexi Loan Fees
Monthly base fee $15.00
NBS Mobile and Internet Banking internal transfer fees $0.20
EFTPOS withdrawal $0.50
Other Bank ATM Transaction fees $1.50
Manual Transactions: Include cheque and staff assisted branch transactions and Internet assisted transactions $0.50
Establishment Fee 1.00% (minimum charge $500)
Documentation Fee for Limit Increase 1.00% of increase limit (minimum charge $250)
Discharge Mortgage Fee $130.00
Default Interest Rate 10.00%p.a. above annual interest rate
Default Administration Fee $25.00
Unarranged Excess Fee $25.00
Dishonour Fee $30.00
Insurance Arrears Payment Fee $15.00
Motor Vehicle Security Variation/Security Swap Fee $30.00
Duplicate Statement Fee $15.00

Fees are subject to change. 

 

Terms and Conditions

NBS’ current Loan Agreement Specific Terms and General Lending Terms are available free of charge from any NBS branch. NBS lending criteria and the above terms apply.