NAB Portfolio Facility
This product is available in different versions. Pick the right version for you here.
The details shown below are for an owner occupier, investor taking out a no set repayments loan between $250,000 and $499,999 with an LVR below 80%
The details shown below are for an owner occupier, investor taking out a no set repayments loan between $500,000 and $999,999 with an LVR below 80%
The details shown below are for an owner occupier, investor taking out a no set repayments loan of at least $1,000,000 with an LVR below 80%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier, Investor | No set repayments | < 80% | $250,000 | $499,999 |
| | Owner Occupier, Investor | No set repayments | < 80% | $500,000 | $999,999 |
| | Owner Occupier, Investor | No set repayments | < 80% | $1,000,000 |
-
Owner Occupier, Investor (No set repayments)
LVR < 80%
Loan: $250,000 $499,999
-
Owner Occupier, Investor (No set repayments)
LVR < 80%
Loan: $500,000 $999,999
-
Owner Occupier, Investor (No set repayments)
LVR < 80%
Loan: $1,000,000
5.28% p.a.
n/a
$550.00 yearly
NAB Portfolio Facility
5.28% p.a.
n/a
$550.00 yearly
NAB Portfolio Facility
5.28% p.a.
n/a
$550.00 yearly
5.18% p.a.
n/a
$550.00 yearly
NAB Portfolio Facility
5.18% p.a.
n/a
$550.00 yearly
NAB Portfolio Facility
5.18% p.a.
n/a
$550.00 yearly
5.08% p.a.
n/a
$550.00 yearly
NAB Portfolio Facility
5.08% p.a.
n/a
$550.00 yearly
NAB Portfolio Facility
5.08% p.a.
n/a
$550.00 yearly
Mozo Review NAB Portfolio Facility Review
Last updated: 11 October 2019.
What's hot:
No application fee
Low rates from 5.08%
Have up to 12 sub accounts
What's not:
$550 yearly service fee
Mozo snapshot:
NAB’s Portfolio Facility gives borrowers the ability to get a flexible line of credit while having access to competitive home loan rates. This means that you are able to access the equity on your property (up to 80% LVR) and use it on to fund purchases or investments. With low rates starting from 5.08% for lending of a million or more, this may be a convenient and cost-effective credit option for you.
Key features:
The Portfolio Facility offered by NAB gives homeowners access to greater borrowing power as well as a facility to organise their money in their own way, all in one place. Borrowers can receive a competitive rate of 5.08% for lending over $1,000,000, with rates varying for lending under $1,000,000 at 5.18% and under $500,000 at 5.28%.
There is no application fee with this facility, but keep in mind that NAB requires the ongoing payment of a $550 yearly service fee.
With the NAB Portfolio Facility you have constant access to your funds, through a card that can be used at ATMs and for online/phone banking. It allows borrowers to organise their funds the way they want to - as you are able to open up to 12 sub-accounts with fixed or variable rates. This can help track and categorise borrowing, transactions and savings all in the same place.
NAB also offers a range of package benefits that can provide savings on many of their other products - such as waiving credit card fees on eligible NAB cards, Margin Lending interest rate discount, Transaction/ATM waivers and discounts on some NAB home and car insurance products.
With so many ways to save across the board, the NAB Portfolio Safety Facility may be the perfect answer to all the questions you’ve been asking.
Who it's good for:
The NAB Portfolio Facility is good for home owners who want a line of credit option with competitively low rates. With the range of potential savings across a range of different products and the ability to manage your funds all in one place it could be a suitable solution for anyone looking to save on and organise their finances.
Any catches?
While there is no application fee, there is a $550 ongoing annual service fee that is required to be paid while the Portfolio Facility is still active.
Details
Rates and fees information correct as at 12 December 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
5.28% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$0.00
-
n/a
-
$550.00 yearly
-
$350.00
Other financial bits
-
$250,000
-
$499,999
-
none
-
80.00%
Features
-
Owner Occupier, Investor
-
No set repayments
-
No set repayments
-
n/a
-
none
-
n/a
-
none
-
yes
-
no
-
none
-
none
-
none
Details
Rates and fees information correct as at 12 December 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
5.18% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$0.00
-
n/a
-
$550.00 yearly
-
$350.00
Other financial bits
-
$500,000
-
$999,999
-
none
-
80.00%
Features
-
Owner Occupier, Investor
-
No set repayments
-
No set repayments
-
n/a
-
none
-
n/a
-
none
-
yes
-
no
-
none
-
none
-
none
Details
Rates and fees information correct as at 12 December 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
5.08% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$0.00
-
n/a
-
$550.00 yearly
-
$350.00
Other financial bits
-
$1,000,000
-
none
-
none
-
80.00%
Features
-
Owner Occupier, Investor
-
No set repayments
-
No set repayments
-
n/a
-
none
-
n/a
-
none
-
yes
-
no
-
none
-
none
-
none
Customer Reviews
How are NAB home loans rated by the Mozo community?
Latest reviews of NAB Portfolio Facility
- Overall6/10
Flexible and fair.
Our business banker is amazing. The overall product is flexible however the rates are high unless...
Read full review
Our business banker is amazing. The overall product is flexible however the rates are high unless you really push for lower rates.
Price4/10Features8/10Customer service7/10Convenience8/10Trust4/10Less
Zeanna | Western Australia
reviewed about 1 month ago
- Overall7/10
Regular service
A bank mire interested in their profits than in me
Read full review
A bank mire interested in their profits than in me
Price4/10Features-Customer service-Convenience-Trust-Less
Victoria | New South Wales
reviewed over 2 years ago
- Overall8/10
Happy to stay with them
Important to be up-front with them if you have a problem. Invariably it will be fixed to your...
Read full review
Important to be up-front with them if you have a problem. Invariably it will be fixed to your satisfaction.
Price7/10Features7/10Customer service9/10Convenience9/10Trust9/10Less
Susan | Western Australia
reviewed over 4 years ago
- Overall6/10
Fine
This loan has been satisfactorily managed.
Read full review
This loan has been satisfactorily managed.
Price5/10Features5/10Customer service6/10Convenience7/10Trust7/10Less
David | Western Australia
reviewed almost 5 years ago
- Overall7/10
Excellent service provision and attention
The Nab Bank is a bank with a "heart', their caring and respectful staff go the "extra mile" and...
Read full review
The Nab Bank is a bank with a "heart', their caring and respectful staff go the "extra mile" and really care that their customers are being provided with the best and the right product for their individual needs. Their service provision is impeccable and even though I am "a small fish in a big pond". I always feel that my custom is valued and appreciated and that they are working for me as much as someone with a lot more money.
Price6/10Features4/10Customer service9/10Convenience7/10Trust6/10Less
Yvonne | South Australia
reviewed almost 5 years ago
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.
See NAB home loans
Promoted
Well Home Loans
Well Balanced
2.82% p.a. variable
2.86% p.a.
$785
Promoted
Queensland Country Credit Union
RateSaver (Fixed)
3.49% p.a.
fixed 3 years
3.90% p.a.
$500
Promoted
IMB Bank
Budget Home Loan
3.13% p.a. variable
3.19% p.a.
$799
Promoted
Well Home Loans
Well Balanced
2.82% p.a. variable
2.86% p.a.
$785
Promoted
Easy Street
Standard Variable Home Loan
2.95% p.a. variable
2.99% p.a.
$500
Promoted
Newcastle Permanent
Real Deal Home Loan
3.19% p.a.
3.23% p.a.
$0
Promoted
loans.com.au
Fixed Home Loan
2.99% p.a.
fixed 3 years
3.27% p.a.
$520
Promoted
Queensland Country Credit Union
RateSaver (Fixed)
3.49% p.a.
fixed 3 years
3.90% p.a.
$500
Promoted
Well Home Loans
Well Balanced Fixed
2.74% p.a.
fixed 3 years
2.84% p.a.
$785
Promoted
IMB Bank
Fixed Home Loan
2.84% p.a.
fixed 3 years
3.44% p.a.
$799
Promoted
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.89% p.a.
fixed 3 years
3.96% p.a.
$0
Promoted
IMB Bank
Budget Home Loan
3.13% p.a.
3.19% p.a.
$0.00
