National Australia Bank (NAB) yesterday became the first of the big banks to offer an exit fee-free home loan.
The Clear Banking Home Loan, which takes NAB’s standard variable interest rate, has no monthly service fees and no early exit or bank discharge fees.
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The only applicable cost is a $600 application fee.
The loan is available on loans from $80,000, with a maximum LVR of 95 per cent.
Published: 22-07-08