Home loan relief as NAB cuts fixed rates by up to 60 basis points

By Cameron Thomson · · 1 min read
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As the consumer price index eases down to 7%, banks are increasingly looking at cutting their fixed interest rate loans with the expectation that the Reserve Bank of Australia (RBA) will continue to halt the cash rate. 

However, despite the good news, inflation still remains far from the RBA’s 2-3% goal which could mean that interest rate rises are still on the table.

NAB cuts home loan fixed rates

Since the last RBA meeting, when it announced a pause after 10 consecutive rate hikes, a number of banks have announced cuts to their home loan interest rates.

More recently, NAB has cut back the interest rates on their fixed rate home loan products with shorter loans cut by 15 basis points (bp) and 60bp for longer loans.

NAB Tailored Home Loan 

(owner-occupier, principal and interest, fixed)

Fixed RatePrevious RateNew Rate
1-year6.09% p.a.5.94% p.a.
2-year6.09% p.a.5.84% p.a.
3-year6.09% p.a.5.59% p.a.
4-year6.39% p.a.6.09% p.a.
5-year6.49% p.a6.24% p.a.

NAB Tailored Home Loan 

(owner-occupier, principal and interest, fixed, <70% LVR)

Fixed RatePrevious RateNew Rate
1-year5.99% p.a.6.54% p.a.
2-year6.09% p.a.6.44% p.a.
3-year5.99% p.a.6.29% p.a.
4-year6.39% p.a.6.39% p.a.
5-year6.59% p.a.6.49% p.a.

If you’re looking to compare more fixed rate home loans, then Mozo has what you need. We have comparisons on all sorts of home loan providers to make sure you’re getting the loan that works for you.

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Last updated 5 December 2025 Important disclosures and comparison rate warning*
What are your home loan needs?
Loan purpose
Buying or Refinancing

  • Fixed Rate Home Loan

    • Fixed rate
    • Owner occupier
    • Principal & Interest
    • 5% min deposit
    Interest rate
    5.09 % p.a.
    Fixed 2 years
    Comparison rate
    5.43 % p.a.
    Initial monthly repayment
    $2,712
    Go to site
    • No ongoing annual fees
    • Make up to $25,000 extra repayments during a fixed period, fee free (T&Cs apply)
    • Lock in for up to 5 years.
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* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

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