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  • NAB Tailored Home Loan (Fixed) (Interest Only)

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    home loans

    • 6.19%3 years

    • 6.89%

    • $8.00Monthly

    • $600

    Rates

    Variable rate
    none
    Intro rate
    none
    Intro rate term
    none
    Intro rate type
    none
    Comparison Rate*
    6.89%
    Fixed 1 year rate
    5.99%
    Fixed 2 year rate
    6.09%
    Fixed 3 year rate
    6.19%
    Fixed 4 year rate
    6.79%
    Fixed 5 year rate
    6.94%
    Fixed 7 year rate
    none
    Fixed 10 year rate
    none
    Fixed loan revert rate
    6.99%

    Fees

    Application fee
    $600.00
    Legal fee
    $
    Valuation fee
    $
    Settlement fee
    $
    Other upfront fee (% of loan)
    none
    Service fee
    $8.00Monthly
    Discharge fee
    $350.00
    Early Exit Fee after 1 year assuming $300,000 loan
    fixed rate
    break fees

    Features

    Repayment Frequency
    Monthly
    Extra repayments
    yes - free up to $20,000 during the fixed rate period
    Repayment holidays
    yes
    Redraw facility
    no
    Minimum redraw amount
    $
    Split account
    yes
    Offset account
    yes
    Other restrictions
    none
    Other benefits
    none

    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 Tailored Home Loan (Fixed) (Interest Only)

      • NAB Tailored Home Loan (Fixed) (Interest Only) *

        • 5.99%

          fixed 1 year rate

        • 6.89%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Great rates and great customer service

          1. Overall customer rating
          2. (Reviewed 9 days ago)

        We are looking at getting our house valued and the help we are getting from the bank is great.. They call when they say they are going to and it is always the same person we speak with.       Full review 

        We are looking at getting our house valued and the help we are getting from the bank is great.. They call when they say they are going to and it is always the same person we speak with.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Fixed) (Interest Only) home loan review by Ben from New South Wales

        Was this review helpful?

        Yes
      • NAB Tailored Home Loan (Fixed) (Interest Only) *

        • 5.99%

          fixed 1 year rate

        • 6.89%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Makes me feel like a valued customer

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

        Love the fact that we have a personal banker that l can contact directly at any time. Makes me feel like l am not just a number but rather a valued customer.       Full review 

        Love the fact that we have a personal banker that l can contact directly at any time. Makes me feel like l am not just a number but rather a valued customer.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Fixed) (Interest Only) home loan review by Bozena from Victoria

        Was this review helpful?

        Yes
      • NAB Tailored Home Loan (Fixed) (Interest Only) *

        • 5.99%

          fixed 1 year rate

        • 6.89%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Rates are too high but the local branch staff are

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

        It is not only this product, but the NAB overall. There is no communication when you ask for something, as the staff change often. My branch is in the city and it's difficult to get to.       Full review 

        It is not only this product, but the NAB overall. There is no communication when you ask for something, as the staff change often. My branch is in the city and it's difficult to get to.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Fixed) (Interest Only) home loan review by Pamela from Queensland

        Was this review helpful?

        Yes
      • NAB Tailored Home Loan (Fixed) (Interest Only) *

        • 5.99%

          fixed 1 year rate

        • 6.89%

          comparison rate

        NAB Base Variable Rate Home Loan *

        • 6.49%

          variable rate

        • 6.54%

          comparison rate

        * Fees and charges are payable

        Show Rates

        NAB - Never again Bastards

          1. Overall customer rating
          2. (Reviewed 3 months ago)

        Nab: Have a mass produced product. One size fits all. They offer customer service ( I had a personal banker) but they change staff faster than I could keep abreast of them. The online banking system is slow and very difficult to use. The security ...       Full review 

        Nab: Have a mass produced product. One size fits all. They offer customer service ( I had a personal banker) but they change staff faster than I could keep abreast of them. The online banking system is slow and very difficult to use. The security features built into the system work that well that if you make a mistake you can be out of pocket for three months before your funds are returned. When I tried to refinance with another company Nab made it extremely difficult by not informing us of all the forms they required at the one time then saying they were incomplete only after we chased them for reassurance they had been processed. Time delay caused by Nab cost me an extra $2700 in fees and solictors charges.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB Tailored Home Loan (Fixed) (Interest Only) home loan review by Phillip from New South Wales

        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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