Find Out How Your Home Loan Could Come with a Holiday

Upgrade your home with NAB and find out how your home loan could come with a holiday

Considering taking out a home loan, but worried this means you might miss out on taking a holiday? Well, with NAB you now may be able to have both.

This Spring, when you take out a NAB Home Loan plus make NAB your main bank you could be eligible for 250,000 Velocity Frequent Flyer Points.  Apply between 21 September and 31st March 2016. Find out more here.

For some tips on home loans for you, here is some information from NAB.

Check The Market
When it comes to considering a suburb to buy in, it’s important to be informed. Real estate is an ever-changing landscape, so to keep up-to-date with the market – speak with a NAB home loan expert about a free property report from NAB. This will help you gauge sales history for the property, understand its estimated value and the profile for the suburb in which it is located. These great insights will get you one step closer to buying your dream home. Find out more here

Be Present, But Look To The Future
When considering upgrading your current home to a new one, whether it’s one that is a little bigger, more comfortable or even more contemporary, you have to consider two things; what you want now and what you’ll need in the future.
Consider the surrounding area too. Look at size and expected maintenance and consider whether you’re going to want schools, public transport or family and friends close by.

Check The Time
When is the best time to upgrade? When your personal circumstances mean your home no longer meets your needs. Talk to a NAB home loan expert about your goals and priorities now – even if a bigger home is a long-term goal - and NAB can start the process of planning for your future needs.

Be Smart and Save
The sacrifices you make while saving a deposit for your next home are all worth it once that property becomes your dream home. If you have built up equity in your existing home, NAB can help you understand how this money could be utilised to put towards the deposit for your next home. Or if you happen to find the perfect home before you’ve sold your current one, NAB can talk you through your options. One of these may be bridging finance that allows you to borrow the deposit for a new home and pay it back when you’ve sold your old one.

Consider Both Your History and Future
Your credit card and home loan repayment history could determine your success in upgrading to your new dream home. Plus, you should also think about the implications of making higher mortgage repayments to service a larger loan in future. Talk to NAB today to better understand your future repayments or get started online now with NAB’s home loan calculators and tools.

Crunch The Numbers
Your borrowing power is largely determined by what you earn, ongoing financial commitments and the amount you have saved for the deposit. As a general rule, you can borrow 80% of the value of the property you are going to buy, however you should make an appointment with a NAB home loan expert today so they can help navigate these numbers with you based on your current situation and needs.

Remember if you think that paying off a home loan means you might have to sacrifice some of the things you like to do – like travel – then talk to NAB about how your home loan could come with a holiday. NAB believe that holidays shouldn’t stop when buying a home.

So, sit back and relax thanks to NAB. And of course, send us a postcard.

Full terms, conditions, fees, charges and eligibility criteria apply (available upon request), including $250,000 minimum loan plus hold a NAB Velocity Credit Card and a NAB Transaction Account. Not available with any other offer, including Home Loan cash back, Velocity Rewards Card and Velocity Rewards Premium Card bonus points offers. To earn and redeem Velocity Frequent Flyer Points you must be a Velocity member.

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