| Product features | Variable | Fixed |
|---|---|---|
| Description | Variable rate product with flexible product features | Fixed rate product for repayment certainty with a choice of fixed rate terms |
| Owner/occupied investor | Both | Both |
| Interest rate based on loan characteristics | Yes | Yes |
| Construction/vacant land | Yes | No |
| Repayment frequency options | Weekly, fortnightly or monthly1 | Weekly, fortnightly or monthly1 |
| Principal & interest/interest only | Both2 | Both2 |
| Ability to make additional repayments | Yes | Yes. Up to a maximum of $20,000 per fixed rate term3 |
| Lock rate option to set fixed rate | No | Yes |
| Redraw | Yes4 | No |
| Easy access to your home loan funds | Transactions via internet and phone, BPAY (In), debit card, ATM5 | Transactions via internet and phone, BPAY (In)3 |
| Splits available | Unlimited | Unlimited |
| Portability | Yes | Yes |
| Maximum Loan Term | 30 years | 30 years |
| Maximum LVR | Please contact your broker about maximum LVR tiering as this will vary. | |
| PAYG/Self employed | Both6 | Both6 |
| Individuals, Companies, Trusts | Yes | Yes |
| Easy repayment options – salary credit/direct debit | Yes | Yes |
| Free Debit card | Yes | Yes |
1. Weekly or fortnightly repayments are available after the first scheduled monthly repayment is made. For interest only loans, monthly repayment option is only available.
2. Interest only term up to 10 years where the loan is for investment purposes, and up to 5 years where the loan is for personal use and / or LVR >85%.
3. Break costs may apply if a fixed rate loan is: repaid in full, the loan rate is varied in any way before the fixed rate term ends or additional payments exceed $20,000.
4. Subject to loan terms.
5. Use of NAB or RediATM networks are free of charge. Fees and charges may be applied by owners of other ATM networks.
Information accurate as at 17th February 2018 and may change without notice. Please contact your AFG Home Loans Edge TM Broker for full details of AFG Home Loans Edge TM lending products.
The AFG Home Loans Edge™ products are provided by the Advantedge Residential Loan program. AFSH Nominees Pty Ltd (AFSH) ACN 143 937 437 Australian Credit Licence 391192 is the program lender and Advantedge Financial Services Pty Ltd (Advantedge) ACN 130 012 930 Australian Credit Licence 391202 is the program loan servicer. The program is funded under arrangements with National Australia Bank Limited (NAB) ACN 004 044 937 . Each of AFSH and Advantedge are members of the NAB Group. NAB does not guarantee the obligations of its subsidiaries. AFG Home Loans Edge™ products are promoted by AFG Home Loans. The AFG Home Loans Edge™ information on this website was prepared and issued by Advantedge. Fees and charges apply to AFG Home Loans Edge™ products.