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The Finance Shop Knowledgebase Menu
The Finance Shop Knowledgebase Menu
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We have been investigating an issue where we have observed an inconsistency with an application being submitted to the NAB. We were working with a a TFS client recently who had obtained a quote from NAB and could not get it to reconcile with TFS.

The quote was 



We enter the finance information in as follows to match the quote

Amt financed excluding brokerage = $200,000.

Total brokerage = 1298.07

We then enter the Wholesale base rate and term

When I solve for repayments we see a 0.0064 variation in the effective rate on the NAB quote.

There is a $0.56 variation in the single repayment value.

This results in a $33.60 difference in the total amount payable.

If the deal was submitted to Westpac we get an exact match with TFS.

This against the NAB quote




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