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All-In-One Banking

Description

Advantages

How it works

Examples

Rates and Fees
Contenu de l'Onglet "Description"

All-In-One BankingTM1 is a financing solution that has twice been named "Mortgage of the Year" by Canadian Mortgage Trends.

Are you ready to renew your mortgage? Do you have a mortgage with us or at another institution and would like to get better terms and conditions? You can renew or transfer your existing mortgage by opting for the All-In-One Banking solution which will give you the savings and flexibility you're looking for.2
All-In-One Banking is a home equity line of credit. Here's how it works:
The All-In-One Banking is a mortgage line of credit that enables you to finance your home at one of the lowest rates on the market.2 Many banking transactions are free of charge (you save around $147 per year)*.
See banking fees chart
Pay less interest by consolidating all your financing.
See interest savings chart
*Based on the annual cost of the National Bank AccessPlus banking package.
As you pay off your loan, the repaid principal becomes available to finance other projects.3
Emergency fund
Renovations
Travel
Pay off credit card debt
Etc.


1. Finance your home

The All-In-One Banking is a solution that enables you to finance your home.

  • Finance up to 80% of the value of your home2
  • One of the lowest rates on the market.
All-In-One Banking gives you the opportunity to enjoy all the advantages of a line of credit as well as a mortgage loan.

Compare the advantages of All-In-One Banking versus a traditional mortgage loan.


2. Finance your projects

As you pay off your mortgage, the repaid principal becomes available so you can go ahead with other projects.3

These are the main advantages:

  • one great rate for all your projects;
  • have multiple accounts and manage each one separately;
  • or integrate all your National Bank accounts if you prefer;
  • monthly consolidated account statement.

1 Subject to National Bank credit approval. Certain conditions apply.
2 A maximum amount equivalent to 65% of the value of the property may be in the form of a line of credit, and the rest of the funding has to be in the form of a mortgage loan. For example, if the value of the property is $ 100,000 and you have an amount of $ 20,000 available for down payment (20% of the value of the property, which is the minimum required), the authorized credit limit of the All-In-One will be $ 80,000. However, of this $ 80,000, up to $ 65,000 will be in the form of a line of credit and the rest will be in the form of a mortgage loan.
3Not to exceed the maximum amount available as a line of credit, i.e. an amount equal to 65% of the property value.
TM National Bank All-In-One is a trademark of National Bank of Canada.
Contenu de l'Onglet "Advantages"
Contenu de l'Onglet "How it works"
Contenu de l'Onglet "Exemples"

Example


Alberto and Carla need to renew their mortgage and are interested in paying it off sooner...

Find out more
The All-In-One is a financing solution that can be adapted to every project in your life
See the various ways you can use the All-In-One

The All-In-One helps you save on interest
See interest savings chart
Compare the advantages of All-In-One Banking
Contenu de l'Onglet "Taux"
Contenu de la Bulle "Taux les plus bas"
Interest rate for the All-In-One (line of credit)

As at : % + 1%

This is a variable rate that corresponds to the prime rate + 1%, representing one of the lowest rates on the market.

The prime rate is the annual variable interest rate published by National Bank from time to time and used by the Bank to determine the interest rates on demand loans granted by it in Canadian dollars in Canada.

Fees for the All-In-One (fees for regrouped accounts)
  • Main account: No charge or $2.50/month if the financing exceeds 80% of the value of the property
  • Additional accounts: $2.50/month/account
  • Account for a mortgage loan integrated into the All-In-One: No charge
  • You are responsible for the property appraisal fees and any legal fees.