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  • NAB Tailored Home Loan (Choice Package)

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    home loans

    • 6.29%variable

    • 6.65%

    • $395.00Yearly

    • $0

    • 6.39%variable

    • 6.74%

    • $395.00Yearly

    • $0

    • 6.49%variable

    • 6.84%

    • $395.00Yearly

    • $0

    Currently showing:

    Rates

    Variable rate
    6.29%
    Intro rate
    none
    Intro rate term
    none
    Intro rate type
    none
    Comparison Rate*
    6.65%
    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
    yes - free
    Repayment holidays
    yes
    Redraw facility
    yes
    Minimum redraw amount
    $2,000.00
    Split account
    yes
    Offset account
    yes
    Other restrictions
    none
    Other benefits
    Transaction Account with no monthly fee. Annual Fee for some credit cards waived.

    Other financial bits

    Minimum loan amount
    $250,000.00
    Maximum loan amount
    $

    Rates

    Variable rate
    6.39%
    Intro rate
    none
    Intro rate term
    none
    Intro rate type
    none
    Comparison Rate*
    6.74%
    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
    yes - free
    Repayment holidays
    yes
    Redraw facility
    yes
    Minimum redraw amount
    $2,000.00
    Split account
    yes
    Offset account
    yes
    Other restrictions
    none
    Other benefits
    Transaction Account with no monthly fee. Annual Fee for some credit cards waived.

    Other financial bits

    Minimum loan amount
    $100,000.00
    Maximum loan amount
    $249,999.00

    Rates

    Variable rate
    6.49%
    Intro rate
    none
    Intro rate term
    none
    Intro rate type
    none
    Comparison Rate*
    6.84%
    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
    yes - free
    Repayment holidays
    yes
    Redraw facility
    yes
    Minimum redraw amount
    $2,000.00
    Split account
    yes
    Offset account
    yes
    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
    $99,999.00

    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 Tailored Home Loan (Choice Package)

      • NAB Tailored Home Loan (Choice Package) *

        • 6.29%

          variable rate

        • 6.65%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Small improvements would make them great.

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

        The product was originally a fixed rate home loan, but since the fixed part finished and it has gone to variable it does not seem very competitive. Due to working full time I wanted to talk to someone over the phone, but they always call in busine...       Full review 

        The product was originally a fixed rate home loan, but since the fixed part finished and it has gone to variable it does not seem very competitive. Due to working full time I wanted to talk to someone over the phone, but they always call in business hours and then tell me they will call after 5.00pm but no one ever calls. I am not a finance expert and need to rely on my bank to help me make good decisions and I think NAB could do way better in helping me have the best type of loan. I would like to change banks, but not sure if they would all be the same anyway...


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Choice Package) home loan review by Naomi from New South Wales

        Was this review helpful?

        Yes
      • NAB Tailored Home Loan (Choice Package) *

        • 6.29%

          variable rate

        • 6.65%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Great service & simple terms

          1. Overall customer rating
          2. (Reviewed 17 days ago)

        We got our home loan through NAB as my father was an employee there and we received family benefits in terms of our home loan and accounts. The best part about our package (the Gold package) is that when travelling overseas, there are no fees for ...       Full review 

        We got our home loan through NAB as my father was an employee there and we received family benefits in terms of our home loan and accounts. The best part about our package (the Gold package) is that when travelling overseas, there are no fees for withdrawing money & travel insurance is provided! That is a massive bonus for frequent travellers.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Choice Package) home loan review by Kelly from South Australia

        Was this review helpful?

        Yes
      • NAB Tailored Home Loan (Choice Package) *

        • 6.29%

          variable rate

        • 6.65%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Competitive product with a trusted lender

          1. Overall customer rating
          2. (Reviewed 18 days ago)

        I like this product as it allows me to make additional payments and make payments on a weekly basis without penalty. It also allows my savings to offset the interest accrued at the end of each month. This product allowed me the flexibility I wante...       Full review 

        I like this product as it allows me to make additional payments and make payments on a weekly basis without penalty. It also allows my savings to offset the interest accrued at the end of each month. This product allowed me the flexibility I wanted in a home loan, whilst still offering a competitive interest rate.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Choice Package) home loan review by Cristy from Queensland

        Was this review helpful?

        Yes
      • NAB Tailored Home Loan (Choice Package) *

        • 6.29%

          variable rate

        • 6.65%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Fantastic rates that can be happily negotiated!

          1. Overall customer rating
          2. (Reviewed about 1 month ago)

        In today's busy hectic world its great to know that the Nab do ALL the hard work for you and make thing easy NOT complicated like the rest of the word which is peace of mind especially with something so precious as a home that will be filled with ...       Full review 

        In today's busy hectic world its great to know that the Nab do ALL the hard work for you and make thing easy NOT complicated like the rest of the word which is peace of mind especially with something so precious as a home that will be filled with memories for years to come


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Choice Package) home loan review by Emma from Victoria

        2 people found this review helpful – do you?

        Yes
      • NAB Tailored Home Loan (Choice Package) *

        • 6.29%

          variable rate

        • 6.65%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        best rates and great banking and customer service

          1. Overall customer rating
          2. (Reviewed about 1 month ago)

        I like this product for the flexibility and offset and the competitive interest rate other benefits such as free credit card, no account charges banking, etc.       Full review 

        I like this product for the flexibility and offset and the competitive interest rate other benefits such as free credit card, no account charges banking, etc.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Choice Package) home loan review by Babu from Victoria

        Was this review helpful?

        Yes
      • NAB Tailored Home Loan (Choice Package) *

        • 6.29%

          variable rate

        • 6.65%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Best rate of the big 4 and a local branch.

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

        Have access to weekly payments, 100% offset and re-draw with the loan divided in to fixed and variable at no extra charge.       Full review 

        Have access to weekly payments, 100% offset and re-draw with the loan divided in to fixed and variable at no extra charge.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Choice Package) home loan review by Jan from New South Wales

        Was this review helpful?

        Yes
      • NAB Tailored Home Loan (Choice Package) *

        • 6.29%

          variable rate

        • 6.65%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        typical bank loan once signed up no contact

          1. Overall customer rating
          2. (Reviewed 4 months ago)

        This product served our needs but I was disappointed that they advertised if we went with this package they had the best interest rate and the night before we signed up an ad on the tv was advertising the greater with a better rate. NAB matched th...       Full review 

        This product served our needs but I was disappointed that they advertised if we went with this package they had the best interest rate and the night before we signed up an ad on the tv was advertising the greater with a better rate. NAB matched the rate but only after I chased it up. Still check around for competitive interest rates and let your bank know if they are not the best.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Choice Package) home loan review by Jan from New South Wales

        Was this review helpful?

        Yes
      • NAB Tailored Home Loan (Choice Package) *

        • 6.29%

          variable rate

        • 6.65%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        One of the "big 4" - enough said

          1. Overall customer rating
          2. (Reviewed 4 months ago)

        How apt that my bank should be named "NAB" -day in, day out, they "nab" my hard earned money in interest payments. They do this best when they refuse to pass on RBA interest rate cuts!!       Full review 

        How apt that my bank should be named "NAB" -day in, day out, they "nab" my hard earned money in interest payments. They do this best when they refuse to pass on RBA interest rate cuts!!


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Choice Package) home loan review by Tricia from Western Australia

        1 person found this review helpful – do you?

        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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