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  All-In-One Banking



Buy a home


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Finance other projects using your home equity


 


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Home > Mortgage solutions > What we offer > All-In-One Banking > Buy a home
 

All-In-One Banking

Description

Advantages

How it works

Examples

Rates and Fees
Contenu de l'Onglet "Description"

National Bank All-In-One BankingTM1 is an innovative product that was named 2009's best financing solution by Canadian Mortgage Trends for the second year in a row. 

The All-In-One Banking is much more than just a mortgage loan: It is a line of credit that enables you to start by buying a home and then finance all your projects (renovations, vehicle, travel, etc.) while at the same time saving money (thanks to free banking services and a low interest rate).
The All-In-One Banking is a home equity line of credit that you can use to:
With a minimum downpayment corresponding to 20% of your home's value. Many banking transactions are free of charge (save approximately $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 gradually pay off your balance, the repaid principal is made available so you can carry out other projects.
Emergency funds
Renovations
Travel
Paying off your credit card debts
Etc.


1. Finance your home purchase

The All-In-One Banking is a solution that enables you to buy your first home or a new property.

  • Minimum downpayment corresponds to 20% of the home's value
  • Eligible for the Home Buyers' Plan (HBP2)
  • One of the lowest rates on the market
The 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 gradually pay off your mortgage, those funds become available so you can go ahead with other projects.

These are the main advantages:

  • One advantageous rate for all your projects
  • Option of having multiple accounts and managing each one separately
  • Option of integrating your other National Bank accounts
  • Monthly consolidated account statement

1 Subject to National Bank credit approval. Certain conditions apply.
2 To be eligible for the Home Buyers' Plan, the selected home must be located in Canada, purchased or built before October 1 of the calendar year following the RRSP withdrawal and serve as the buyer's principal residence within a year of being purchased or built. You and your spouse can each withdraw up to $25,000 from your RRSP. You have 15 years, as of the second calendar year after withdrawal, to repay your RRSP. Your annual repayment must be equal to 1/15 of the total amounts withdrawn.
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 "Examples"

Example


Eric and Jennifer want to become homeowners...

Find out more
The All-In-One Banking 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 Banking

The All-In-One Banking makes you save on interest
See interest savings chart
Compare the advantages of All-In-One Banking
Contenu de l'Onglet "Rates and fees"
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.
Complete a pre-approval or a mortgage application form

Meet with a Mortgage Development Manager at your home
Contact us
Branches
Telephone
514-394-5555
1-888-4-TelNat

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