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NAB Tailored Home Loan (Choice Package)

Advertiser disclosure

The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $249,999 with an LVR below 95%

The details shown below are for an owner occupier taking out a principal & interest loan between $250,000 and $749,999 with an LVR below 95%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $750,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan between $150,000 and $249,999 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan between $250,000 and $749,999 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan of at least $750,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $150,000 and $249,999 with an LVR below 95%

The details shown below are for an investor taking out a principal & interest loan between $250,000 and $749,999 with an LVR below 95%

The details shown below are for an investor taking out a principal & interest loan of at least $750,000 with an LVR below 95%

The details shown below are for an investor taking out a interest only loan between $150,000 and $249,999 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $250,000 and $749,999 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan of at least $750,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $150,000 $249,999

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $250,000 $749,999

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $750,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $150,000 $249,999

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $250,000 $749,999

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $750,000

  • Investor (Principal & Interest)

    LVR < 95%

    Loan: $150,000 $249,999

  • Investor (Principal & Interest)

    LVR < 95%

    Loan: $250,000 $749,999

  • Investor (Principal & Interest)

    LVR < 95%

    Loan: $750,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $150,000 $249,999

  • Investor (Interest Only)

    LVR < 80%

    Loan: $250,000 $749,999

  • Investor (Interest Only)

    LVR < 80%

    Loan: $750,000

Rate
5.67% p.a.
Comparison Rate
6.04% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
5.42% p.a.
Comparison Rate
5.80% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
5.37% p.a.
Comparison Rate
5.75% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
6.24% p.a.
Comparison Rate
6.26% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
5.99% p.a.
Comparison Rate
6.01% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
5.94% p.a.
Comparison Rate
5.96% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
6.27% p.a.
Comparison Rate
6.63% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
6.02% p.a.
Comparison Rate
6.39% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
5.97% p.a.
Comparison Rate
6.34% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
6.57% p.a.
Comparison Rate
6.74% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
6.32% p.a.
Comparison Rate
6.49% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
6.27% p.a.
Comparison Rate
6.44% p.a.
Service fee
$395.00 yearly
Upfront fee
$0

Mozo editorial review NAB Tailored Home Loan (Choice Package) - last updated: 12 August 2022

binocular icon
What's hot
  • Borrow with a 5% deposit
  • $2,000 cash bonus offer for refinancers (conditions apply)
  • Offset account included
What's not
  • $395 annual service fee
  • Steep interest rates
Mozo snapshot

If you’re someone who likes to stick with the big banks for your finances, then you might want to check out NAB's Tailored Home Loan (Choice Package). With this loan you’ll be able to borrow up to 95% of the property’s value (Lenders Mortgage Insurance applies) and access a number of useful loan features including an offset account.

key icon
Key features

If you’re looking for a feature-packed home loan to buy your dream home or invest in your first property, the NAB Tailored Home Loan (Choice Package) can help. 

The loan offers different rate tiers depending on the amount you’re looking to borrow and the type of borrower you are, though the lowest rates on offer are currently 5.37% (5.76% comparison rate*) for owner occupiers looking to borrow over $750,000. 

First home buyers struggling to save up for a deposit might be happy to know that the Tailored Home Loan (Choice Package) can cater to borrowers with deposits as low as 5%, though lenders mortgage insurance may apply for those with a deposit lower than 20%. 

Since this is a packaged loan you can choose to either get an ongoing 10% discount on your NAB home insurance, investor insurance or car insurance premiums or pay no annual fees on eligible NAB credit cards. Plus it boasts a number of useful loan features including an offset account, free extra repayments and a redraw facility (minimum $500 redraw).

Finally, if you're looking to refinance then you might be able to nab yourself $2,000 cashback with this home loan. You must be refinancing a home loan of $250,000 or more from a financial provider other than NAB, ubank, Medfin or Advantage home loans. This offer is also not available for First Home Loan Deposit Scheme home loans.

snapshot
Who is it good for

The NAB Tailored Home Loan (Choice Package) could be an option worth considering for prospective homeowners or investors with a lower deposit looking to take out a loan with a major bank.  

question icon
Any catches

While the NAB Tailored Home Loan (Choice Package) promises no application fees, you will need to factor in the considerable $395 annual service fee. And once your loan is paid off, you will be charged a $350 discharge fee. It's also worth pointing out the variable rates on offer are on the higher side. 


Details

Rates and fees information correct as at 13 August 2022. 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

5.67% p.a.

n/a

n/a

n/a

6.04% p.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

$395.00 yearly

$350.00

Other financial bits

$150,000

$249,999

none

95.00%

Features

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. Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

Details

Rates and fees information correct as at 13 August 2022. 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

5.42% p.a.

n/a

n/a

n/a

5.80% p.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

$395.00 yearly

$350.00

Other financial bits

$250,000

$749,999

none

95.00%

Features

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. Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

Details

Rates and fees information correct as at 13 August 2022. 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

5.37% p.a.

n/a

n/a

n/a

5.75% p.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

$395.00 yearly

$350.00

Other financial bits

$750,000

none

none

95.00%

Features

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. Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

Details

Rates and fees information correct as at 13 August 2022. 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

6.24% p.a.

n/a

n/a

n/a

6.26% p.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

$395.00 yearly

$350.00

Other financial bits

$150,000

$249,999

none

80.00%

Features

Owner Occupier

Interest Only

Monthly

yes - free

yes

yes - free

$500.00

yes

yes

none

Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

Details

Rates and fees information correct as at 13 August 2022. 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

5.99% p.a.

n/a

n/a

n/a

6.01% p.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

$395.00 yearly

$350.00

Other financial bits

$250,000

$749,999

none

80.00%

Features

Owner Occupier

Interest Only

Monthly

yes - free

yes

yes - free

$500.00

yes

yes

none

Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

Details

Rates and fees information correct as at 13 August 2022. 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

5.94% p.a.

n/a

n/a

n/a

5.96% p.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

$395.00 yearly

$350.00

Other financial bits

$750,000

none

none

80.00%

Features

Owner Occupier

Interest Only

Monthly

yes - free

yes

yes - free

$500.00

yes

yes

none

Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

Details

Rates and fees information correct as at 13 August 2022. 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

6.27% p.a.

n/a

n/a

n/a

6.63% p.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

$395.00 yearly

$350.00

Other financial bits

$150,000

$249,999

none

95.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$500.00

yes

yes

none

Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

Details

Rates and fees information correct as at 13 August 2022. 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

6.02% p.a.

n/a

n/a

n/a

6.39% p.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

$395.00 yearly

$350.00

Other financial bits

$250,000

$749,999

none

95.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$500.00

yes

yes

none

Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

Details

Rates and fees information correct as at 13 August 2022. 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

5.97% p.a.

n/a

n/a

n/a

6.34% p.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

$395.00 yearly

$350.00

Other financial bits

$750,000

none

none

95.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$500.00

yes

yes

none

Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

Details

Rates and fees information correct as at 13 August 2022. 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

6.57% p.a.

n/a

n/a

n/a

6.74% p.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

$395.00 yearly

$350.00

Other financial bits

$150,000

$249,999

none

80.00%

Features

Investor

Interest Only

Monthly

yes - free

yes

yes - free

$500.00

yes

yes

none

Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

Details

Rates and fees information correct as at 13 August 2022. 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

6.32% p.a.

n/a

n/a

n/a

6.49% p.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

$395.00 yearly

$350.00

Other financial bits

$250,000

$749,999

none

80.00%

Features

Investor

Interest Only

Monthly

yes - free

yes

yes - free

$500.00

yes

yes

none

Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

Details

Rates and fees information correct as at 13 August 2022. 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

6.27% p.a.

n/a

n/a

n/a

6.44% p.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

$395.00 yearly

$350.00

Other financial bits

$750,000

none

none

80.00%

Features

Investor

Interest Only

Monthly

yes - free

yes

yes - free

$500.00

yes

yes

none

Pay no annual fee on your packaged credit card. Receive up to 10% off selected Home, Landlord and Car insurance as a Package customer.

$2,000 refinance cashback for loans >$250,000 and hold a NAB transaction account at the time of drawdown.

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.

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Latest reviews of NAB Tailored Home Loan (Choice Package)

About NAB

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.