The details shown below are for an owner occupier taking out a principal & interest loan of at least $20,000 with an LVR below 95%
The details shown below are for an owner occupier taking out a interest only loan of at least $20,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan of at least $20,000 with an LVR below 95%
The details shown below are for an investor taking out a interest only loan of at least $20,000 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 | Principal & Interest | < 95% | $20,000 | |
| | Owner Occupier | Interest Only | < 80% | $20,000 | |
| | Investor | Principal & Interest | < 95% | $20,000 | |
| | Investor | Interest Only | < 80% | $20,000 |
Owner Occupier (Principal & Interest)
LVR < 95%
Loan: $20,000
Owner Occupier (Interest Only)
LVR < 80%
Loan: $20,000
Investor (Principal & Interest)
LVR < 95%
Loan: $20,000
Investor (Interest Only)
LVR < 80%
Loan: $20,000
Flexibility in finances... now that’s an alliteration Aussie borrowers want to hear. With the NAB Tailored Home Loan, you aren’t short of flexible options, with a 100% offset account and free extra repayments and a redraw facility, plus you’ll also have weekly, fortnightly, monthly repayment frequency options. There's even a $2,000 cash bonus on offer for eligible refinance customers until 31 October 2021.
A feature-packed, flexible home loan, the NAB Tailored variable is available for owner-occupier and investor loans starting from $200,000 with options to pay off your home loan sooner. Plus, if you refinance a loan of $250,000 or more, before 31 October 2021, you could be eligible for a $2,000 cash bonus. You must be refinancing from a financial provider other than NAB, UBank, Medfin or Advantage Home Loans and your loan cannot be part of the First Home Loan Deposit Scheme.
You only need to save for a 5% deposit, getting you into your home faster. Just keep in mind, you will need to budget for Lenders’ Mortgage Insurance as it applies if you borrow over 80% of the property’s value.
When it comes to features, with the Tailored Variable loan not only will you be able to cut down on the interest you pay with the help of a 100% offset account, you’ll also be able to make free extra repayments towards the loan to help you get ahead.
Repayments are flexible as they can be made weekly, fortnightly or monthly. And if you’re ahead with your repayments you can access funds through the redraw facility, just remember a $500 minimum applies.
Speaking of fees... you will need to fork out a hefty $600 application fee, plus there’s an $8 monthly service fee and a $350 discharge fee to watch out for.
Anyone who’s looking to pay off their home loan sooner with a feature-packed, accommodating home loan that comes with a 100% offset account and free extra repayments and prefers to stick to a big bank.
Although the 95% LVR is great for getting into your home faster, keep in mind you will need to include Lenders’ Mortgage Insurance in your budget for any LVR over 80%.
| 4.52% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| 4.65% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| $600.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| n/a | |
| $8.00 monthly | |
| $350.00 |
| $20,000 | |
| none | |
| none | |
| 95.00% |
| Owner Occupier | |
| Principal & Interest | |
| Weekly, Fortnightly, Monthly | |
| yes - free | |
| yes | |
| yes - free | |
| $500.00 | |
| yes | |
| yes | |
| none | |
| 33% Discount on Lenders Mortgage Insurance available to First Home Buyers. | |
| $2,000 refinance cashback for loans >$250,000, drawdown before 31 October 2021. |
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.
| 5.09% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| 4.87% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| $600.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| n/a | |
| $8.00 monthly | |
| $350.00 |
| $20,000 | |
| none | |
| none | |
| 80.00% |
| Owner Occupier | |
| Interest Only | |
| Monthly | |
| yes - free | |
| yes | |
| yes - free | |
| $500.00 | |
| yes | |
| yes | |
| none | |
| none | |
| $2,000 refinance cashback for loans >$250,000, drawdown before 31 October 2021. |
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.
| 5.12% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| 5.25% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| $600.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| n/a | |
| $8.00 monthly | |
| $350.00 |
| $20,000 | |
| none | |
| none | |
| 95.00% |
| Investor | |
| Principal & Interest | |
| Weekly, Fortnightly, Monthly | |
| yes - free | |
| yes | |
| yes - free | |
| $500.00 | |
| yes | |
| yes | |
| none | |
| none | |
| $2,000 refinance cashback for loans >$250,000, drawdown before 31 October 2021. |
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.
| 5.42% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| 5.36% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| $600.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| n/a | |
| $8.00 monthly | |
| $350.00 |
| $20,000 | |
| none | |
| none | |
| 80.00% |
| Investor | |
| Interest Only | |
| Monthly | |
| yes - free | |
| yes | |
| yes - free | |
| $500.00 | |
| yes | |
| yes | |
| none | |
| none | |
| $2,000 refinance cashback for loans >$250,000, drawdown before 31 October 2021. |
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.
I got this loan through a trusted 3rd party broker and the local NAB branch don't want anything to do with me. When I go into the local branch for a query they just refer me to their loans help line. The 3rd party broker was much more helpful.
Read full reviewI got this loan through a trusted 3rd party broker and the local NAB branch don't want anything to do with me. When I go into the local branch for a query they just refer me to their loans help line. The 3rd party broker was much more helpful.
I cannot believe our friends’ child aged 24 is being offered a 2.4% interest rate but they won’t reduce ours after years of paying on time and never missing a payment. Time to refinance!
Read full reviewI cannot believe our friends’ child aged 24 is being offered a 2.4% interest rate but they won’t reduce ours after years of paying on time and never missing a payment. Time to refinance!
I like that I have one bank and one app where all my accounts and loans sit so I can see them all at a touch of a button. I don’t necessarily think this is unique or that the NAB is exceptional in any one area, but it is a convenient benefit.
Read full reviewI like that I have one bank and one app where all my accounts and loans sit so I can see them all at a touch of a button. I don’t necessarily think this is unique or that the NAB is exceptional in any one area, but it is a convenient benefit.
They mislead their customer with wrong information through their customer service and traps you into corners which doesnt give you any option. Only the bank benefits. Contacting customer service takes about 1 to 2 hours on hold till you get some to talk too. The worst Bank to deal with.
Read full reviewThey mislead their customer with wrong information through their customer service and traps you into corners which doesnt give you any option. Only the bank benefits. Contacting customer service takes about 1 to 2 hours on hold till you get some to talk too. The worst Bank to deal with.
We have been with this bank for a while and every occasion we needed to extend our home loan to do home renovations they never hesitated. They did offer home insurance once but already had it. They changed our credit cards to a lower interest rate for us.
Read full reviewWe have been with this bank for a while and every occasion we needed to extend our home loan to do home renovations they never hesitated. They did offer home insurance once but already had it. They changed our credit cards to a lower interest rate for us.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a. variable
2.21% p.a.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a. variable
2.21% p.a.
Bank of Queensland
Fixed Rate
1.94% p.a.
fixed 3 years
2.97% p.a.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a.
2.21% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.09% p.a.
fixed 3 years
3.58% p.a.
Bank of Queensland
Fixed Rate
1.94% p.a.
fixed 3 years
2.97% p.a.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a.
2.21% p.a.
$0.00
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.
