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  • NAB Flexiplus Mortgage (Choice Package)

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    home loans

    • 6.99%variable

    • 7.34%

    • $395.00Yearly

    • $0

    Rates

    Variable rate
    6.99%
    Intro rate
    none
    Intro rate term
    none
    Intro rate type
    none
    Comparison Rate*
    7.34%
    Fixed 1 year rate
    none
    Fixed 2 year rate
    none
    Fixed 3 year rate
    none
    Fixed 4 year rate
    none
    Fixed 5 year rate
    none
    Fixed 7 year rate
    none
    Fixed 10 year rate
    none
    Fixed loan revert rate
    none

    Fees

    Application fee
    $0.00
    Legal fee
    $
    Valuation fee
    $
    Settlement fee
    $
    Other upfront fee (% of loan)
    none
    Service fee
    $395.00Yearly
    Discharge fee
    $350.00
    Early Exit Fee after 1 year assuming $300,000 loan
    $0

    Features

    Repayment Frequency
    Weekly, Fortnightly, Monthly
    Extra repayments
    n/a
    Repayment holidays
    none
    Redraw facility
    n/a
    Minimum redraw amount
    $
    Split account
    yes
    Offset account
    n/a
    Other restrictions
    none
    Other benefits
    Transaction Account with no monthly fee. Annual Fee for some credit cards waived.

    Other financial bits

    Minimum loan amount
    $20,000.00
    Maximum loan amount
    $

    About NAB

    National Australia Bank is one of the big four banks who provide a large variety of financial products to the Australian Community. In recent times NAB has set itself apart from the other big four banks; by expanding their ATM network, removing many fees and maintaining low standard variable home loan rates. NAB’s changes to its financial products have made their home loan, credit card, loans, savings accounts and personal loans more competitive within the banking industry.

    How are NAB home loans rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    NAB home loans 6.5 Based on 360
    NAB home loan reviews
    6.5 6.2 6.2 7.2 6.3

    Read NAB home loan reviews by the Mozo community

    Latest reviews of NAB Flexiplus Mortgage (Choice Package)

      • NAB Flexiplus Mortgage (Choice Package) *

        • 6.99%

          variable rate

        • 7.34%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        They make you feel safe!

          1. Overall customer rating
          2. (Reviewed 10 days ago)

        NAB have continue to have the lowest interest rate compared to the big banks so you feel like you have security. They provide great customer service and I wouldn't bank anywhere else.       Full review 

        NAB have continue to have the lowest interest rate compared to the big banks so you feel like you have security. They provide great customer service and I wouldn't bank anywhere else.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Flexiplus Mortgage (Choice Package) home loan review by Jodi from New South Wales

        Was this review helpful?

        Yes
      • NAB Flexiplus Mortgage (Choice Package) *

        • 6.99%

          variable rate

        • 7.34%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Customer service good...Rates way too high

          1. Overall customer rating
          2. (Reviewed 16 days ago)

        Dislike because of high interest rates in Australia - need overseas banks to come in to give the local banks a shake up. Give us rates around 2-3% and I think nearly all Australians will sign up with a new bank.       Full review 

        Dislike because of high interest rates in Australia - need overseas banks to come in to give the local banks a shake up. Give us rates around 2-3% and I think nearly all Australians will sign up with a new bank.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Flexiplus Mortgage (Choice Package) home loan review by Lynette from Queensland

        Was this review helpful?

        Yes
      • NAB Flexiplus Mortgage (Choice Package) *

        • 6.99%

          variable rate

        • 7.34%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Good package with great flexibility

          1. Overall customer rating
          2. (Reviewed 2 months ago)

        The flexibility, unlimited repayments and redraw is key to this product and paying off your loan sooner and the choice package give great benefits to fee elimination on some other products, especially other loans. The yearly price for this package...       Full review 

        The flexibility, unlimited repayments and redraw is key to this product and paying off your loan sooner and the choice package give great benefits to fee elimination on some other products, especially other loans. The yearly price for this package is high so weigh that up in the scheme of things.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Flexiplus Mortgage (Choice Package) home loan review by Robyn from Queensland

        Was this review helpful?

        Yes

    *The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan, based on the loan amount and loan term you entered. Fixed rate loans assume a 3 year fixed term. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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