Do NAB home loans have redraw?
Yes. If you’re ahead on your scheduled repayments, you can redraw the extra funds if eligible. Redraw is available with all NAB variable rate home loans. For fixed rate home loans, redraw is only available at the end of the fixed rate period (i.e. when the rate becomes variable). The minimum redraw amount is $2,000. To redraw funds you can contact your personal banker or call 13 13 12, 8am to 9pm AEST, 7 days a week. If you have a redraw facility established for your home loan then you can also use NAB Telephone Banking and NAB Internet Banking to redraw funds. Fees and charges are payable. Full details of fees and charges and the relevant terms and conditions are available on application.
