Home Loans
Residential
Term
Our Lending Specialists are here to design a home loan solution to meet your needs.
The Inghams | Home loan and personal banking clients
Our Lending Specialists are here to design a home loan solution to meet your needs.
Talk to one of our Lending Specialists today.
How it Works
- Repayments are made up of both principal and interest.
- Decide how quickly you want to repay your home loan; the maximum term is 25 years.
- You can choose to increase principal repayments above the minimum required which will help you repay the loan faster, saving on interest costs.
Repayment Options
Fixed rate
- Your minimum repayments will always be the same making budgeting easier.
- Choose monthly, fortnightly or weekly repayments.
- You can make lump-sum payments totalling $50,000 within a 12-month period with no early repayment adjustment (ERA).
- If you have a fixed rate home loan that you want to repay sooner than the contracted term, contact us to see if an ERA is applicable.
- Maximum term is 25 years.
Floating/Variable rate
- Interest rates can go up or down depending on market changes.
- Choose monthly, fortnightly or weekly repayments.
- This option lets you repay some or all of your loan at any time.
- Maximum term is 25 years.
Rates & Fees
| NBS Home Loan Rates | |
|---|---|
| 6 Months Fixed | 6.64% p.a. |
| 1 Year Fixed* | 5.75% p.a. |
| 2 Year Fixed | 5.99% p.a. |
| Variable | 7.94% p.a. |
| NBS Flexi Loan - Interest rates start from** | 7.94% p.a. |
|
Interest rates are current as of 6 December 2024 and subject to change at any time without notice. NBS General Terms and Conditions, general lending terms and criteria, and fees apply. * For new and roll-over loans only. NBS home loan rates are available for residential owner-occupied or investment property loans only.
|
|
| NBS Residential Term, Residential Redraw, NBS Interest Only | |
|---|---|
| Loan Establishment Fee | From $450.00 |
| Loan Additional Funds | $250.00 |
| Interest Rate Review | $50.00 |
| Discharge Mortgage Fee | $50.00 |
| Default Interest Rate | 4.00% p.a. above annual interest rate |
| Default Administration Fee | $45.00 per event |
| Insurance Arrears Payment Fee | $25.00 |
| Rates Arrears Payment Fee | $25.00 |
| Motor Vehicle Security Variation/Security Swap Fee | $30.00 |
| Duplicate Statement Fee | $5.00 |
| Early Repayment Adjustment (Formula based calculation required CCCFA) | P.O.A |
| Early Repayment Administration Cost | $50.00 |
|
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.