NAB has reduced its four-year fixed home loan package by 0.20% to 5.44%.
It is now at its lowest level in more than 20 years.
Your Mortgage’s home loan calculator
shows the reduction will save first home owners about $48 a month for a loan of $400,000 on a loan term of 25 years, compared to the previous rate.
NAB has also cut its three-year fixed home loan by 0.05% to 5.14%.
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now