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
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 95% | $150,000 | $249,999 |
| | Owner Occupier | Principal & Interest | < 95% | $250,000 | $749,999 |
| | Owner Occupier | Principal & Interest | < 95% | $750,000 | |
| | Owner Occupier | Interest Only | < 80% | $150,000 | $249,999 |
| | Owner Occupier | Interest Only | < 80% | $250,000 | $749,999 |
| | Owner Occupier | Interest Only | < 80% | $750,000 | |
| | Investor | Principal & Interest | < 95% | $150,000 | $249,999 |
| | Investor | Principal & Interest | < 95% | $250,000 | $749,999 |
| | Investor | Principal & Interest | < 95% | $750,000 | |
| | Investor | Interest Only | < 80% | $150,000 | $249,999 |
| | Investor | Interest Only | < 80% | $250,000 | $749,999 |
| | Investor | Interest Only | < 80% | $750,000 |
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
If you’re someone who likes to stick with the big banks for your finances, then you might want to check out the NAB 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 pay no application fees. Free extra repayments and redraw are also available, giving you flexibility over the life of your loan.
Plus if you're thinking about refinancing your home loan before 30 April 2021, you could be eligible for a nifty $2,000 cash bonus.
No matter if you’re looking to buy your dream home or invest in your first property, the NAB Tailored Home Loan (Choice Package) can help. This value-packed loan offers different rate tiers depending on the amount you’re looking to borrow. Those looking to borrow up to $249,999 will receive the 3.92% variable rate (4.32% comparison rate*), while loans between $250,000 and $749,999 will come with a variable rate of 3.67% (4.08% comparison rate*) and if you're borrowing over $750,000, you'll score a 3.62% variable rate (4.03% comparison rate*). Investment loans are also available, with rates starting from 4.22% (4.62% comparison rate*).
First home buyers struggling to save up for a deposit might be happy to know that with the NAB Tailored Home Loan (Choice Package), you’ll be able to borrow with a 5% deposit. And 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.
There’s also the option to open an offset account to help you save on interest, make free extra repayments or redraw any of the cash for an unexpected bill (minimum $500).
But while you may not pay an application fee, it’s worth mentioning that this loan does come with a hefty $395 annual service fee. And once you’ve paid your loan off, you’ll be charged a $350 discharge fee.
Finally, if you're looking to refinance before 30 April 2021, then you might be able to nab yourself a $2,000 cash bonus 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.
The NAB Tailored Home Loan (Choice Package) is a great choice for prospective homeowners or investors looking to take out a loan with a major bank.
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.
3.92% p.a.
n/a
n/a
n/a
4.32% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$150,000
$249,999
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 30 Apr 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.
3.67% p.a.
n/a
n/a
n/a
4.08% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$250,000
$749,999
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 30 Apr 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.
3.62% p.a.
n/a
n/a
n/a
4.03% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$750,000
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 30 Apr 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.
4.49% p.a.
n/a
n/a
n/a
4.51% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$150,000
$249,999
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 30 Apr 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.
4.24% p.a.
n/a
n/a
n/a
4.26% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$250,000
$749,999
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 30 Apr 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.
4.19% p.a.
n/a
n/a
n/a
4.21% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$750,000
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 30 Apr 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.
4.52% p.a.
n/a
n/a
n/a
4.91% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$150,000
$249,999
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 30 Apr 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.
4.27% p.a.
n/a
n/a
n/a
4.67% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$250,000
$749,999
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 30 Apr 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.
4.22% p.a.
n/a
n/a
n/a
4.62% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$750,000
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 30 Apr 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.
4.82% p.a.
n/a
n/a
n/a
5.00% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$150,000
$249,999
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 30 Apr 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.
4.57% p.a.
n/a
n/a
n/a
4.75% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$250,000
$749,999
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 30 Apr 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.
4.52% p.a.
n/a
n/a
n/a
4.70% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$750,000
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 30 Apr 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.
NAB is a major bank which is supported by the government. You can't go wrong with NAB.
Read full reviewNAB is a major bank which is supported by the government. You can't go wrong with NAB.
Good customer service. Access to a local branch. Assistance when negotiating new packages.
Read full reviewGood customer service. Access to a local branch. Assistance when negotiating new packages.
I’ve never had any issues with my home loan. The bankers I’ve spoken to previously, engage in an in depth conversation and are interested in my future goals. When the RBA announced reductions on home loan interest rates, my NAB rate automatically reduced too.
Read full reviewI’ve never had any issues with my home loan. The bankers I’ve spoken to previously, engage in an in depth conversation and are interested in my future goals. When the RBA announced reductions on home loan interest rates, my NAB rate automatically reduced too.
Pros: they offer a range of great fixed and variable rates. Cons: focus needs to be a little more on customers and returning calls, emails more efficiently.
Read full reviewPros: they offer a range of great fixed and variable rates. Cons: focus needs to be a little more on customers and returning calls, emails more efficiently.
I have two mortgage accounts. Offset linked to home loan. Can pay above set rate easily and as much as one wants online. I have the app on phone and transferring funds between accounts or different banks etc is easy. Redraw facilities excellent. Get personal phone calls every year from local branch regarding review of loans.
Read full reviewI have two mortgage accounts. Offset linked to home loan. Can pay above set rate easily and as much as one wants online. I have the app on phone and transferring funds between accounts or different banks etc is easy. Redraw facilities excellent. Get personal phone calls every year from local branch regarding review of loans.
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
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2.47% p.a.
$0.00
Yard
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2.09% p.a.
2.12% 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.
