NAB Tailored Home Loan (Fixed)

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

  • 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

3.89% p.a.

5.09% p.a.

$8.00 monthly

NAB Tailored Home Loan (Fixed)

3.89% p.a.

5.09% p.a.

$8.00 monthly

4.29% p.a.

5.61% p.a.

$8.00 monthly

NAB Tailored Home Loan (Fixed)

4.29% p.a.

5.61% p.a.

$8.00 monthly

3.99% p.a.

5.55% p.a.

$8.00 monthly

NAB Tailored Home Loan (Fixed)

3.99% p.a.

5.55% p.a.

$8.00 monthly

4.09% p.a.

5.90% p.a.

$8.00 monthly

NAB Tailored Home Loan (Fixed)

4.09% p.a.

5.90% p.a.

$8.00 monthly

Mozo Review   NAB Tailored Home Loan (Fixed) Review

Last updated: 23 April 2019.

What's hot:
  • Competitive 3.89% p.a. fixed rate (5.09% p.a. comparison rate*) for 3 years

  • Free extra repayments up to $20,000 during fixed period

  • Repayment holiday available

What's not:
  • $600 application fee

  • $8 monthly service fee

Mozo snapshot:

If you were looking for a fixed rate home loan that doesn’t leave you feeling locked in, the NAB Tailored Home Loan is well worth a look. There are a number of term lengths available, so you can lock in for as little as 1 year or as many as 5. And with the option to make free extra repayments up to $20,000 during the fixed term and take a repayment holiday, there’s plenty of wiggle room.

Key features:

The NAB Tailored Home Loan lets buyers lock in fixed terms of up to 5 years, with a number of competitive rates under the 4% mark available. There are options for both owner occupiers and investors looking to pay principal and interest or interest only.

Repayments can be made weekly, fortnightly or monthly, and if you want to pay down your loan faster you’ll be able to make up to $20,000 of free extra repayments over the length of the fixed term. The lack of redraw facility means you won’t be able to retrieve those funds though.

You’ll be able to borrow up to 95% of a property’s value, making this a good option for first home buyers looking to hoist themselves up the property ladder. And if your life circumstances change and you need a short repayment holiday, that option is available to you, just as long as you’ve been making extra repayments.

Who it's good for:

This one would appeal to borrowers looking for a high value home loan from a big bank. Owner occupiers should keep an eye out for the 3 and 4 year rates, which offer more value when you take into account fees and other charges.

Any catches?

Along with a couple of one-off fees at the start and end of the loan, you’ll also have to spring for the $8 monthly service fee, which will add up to almost $100 a year.

At the end of the fixed term, your rate will revert to 5.36% p.a., so make sure you’ve got a plan in place as your fixed term nears its end. If that revert rate is a bit too much to stomach, you’ll have to refinance or negotiate a better deal with NAB.

Details

Rates and fees information correct as at 25 April 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
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 3.99% (5.36%*)

  • 3.89% (5.21%*)

  • 3.89% (5.09%*)

  • 4.24% (5.10%*)

  • 4.19% (5.01%*)

  • (*)

  • (*)

  • 5.36% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $8.00 monthly

  • $350.00

Other financial bits
  • $20,000

  • none

  • none

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $20,000 during the fixed rate period

  • yes

  • no

  • none

  • yes

  • no

  • none

  • Receive $2,000 cashback when refinancing an existing loan of $250,000 or more and holding a NAB transaction account. Drawdown must occur between 15 April 2019 and 31 July 2019. Terms and conditions apply.

*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 25 April 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
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.49% (5.92%*)

  • 4.29% (5.75%*)

  • 4.29% (5.61%*)

  • 4.69% (5.63%*)

  • 4.89% (5.62%*)

  • (*)

  • (*)

  • 5.93% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $8.00 monthly

  • $350.00

Other financial bits
  • $20,000

  • none

  • none

  • 80.00%

Features
  • Monthly

  • yes - free up to $20,000 during the fixed rate period

  • yes

  • no

  • none

  • yes

  • no

  • none

  • Receive $2,000 cashback when refinancing an existing loan of $250,000 or more and holding a NAB transaction account. Drawdown must occur between 15 April 2019 and 31 July 2019. Terms and conditions apply.

*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 25 April 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
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.39% (5.93%*)

  • 3.99% (5.72%*)

  • 3.99% (5.55%*)

  • 4.49% (5.57%*)

  • 4.49% (5.47%*)

  • (*)

  • (*)

  • 5.96% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $8.00 monthly

  • $350.00

Other financial bits
  • $20,000

  • none

  • none

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $20,000 during the fixed rate period

  • yes

  • no

  • none

  • yes

  • no

  • none

  • Receive $2,000 cashback when refinancing an existing loan of $250,000 or more and holding a NAB transaction account. Drawdown must occur between 15 April 2019 and 31 July 2019. Terms and conditions apply.

*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 25 April 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
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.29% (6.33%*)

  • 4.09% (6.09%*)

  • 4.09% (5.90%*)

  • 4.59% (5.89%*)

  • 4.59% (5.76%*)

  • (*)

  • (*)

  • 6.41% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $8.00 monthly

  • $350.00

Other financial bits
  • $20,000

  • none

  • none

  • 80.00%

Features
  • Monthly

  • yes - free up to $20,000 during the fixed rate period

  • yes

  • no

  • none

  • yes

  • no

  • none

  • Receive $2,000 cashback when refinancing an existing loan of $250,000 or more and holding a NAB transaction account. Drawdown must occur between 15 April 2019 and 31 July 2019. Terms and conditions apply.

*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.

Customer Reviews

How are NAB home loans rated by the Mozo community?

Overall customer rating
6.8/10

Based on 2776 NAB home loan reviews

Price
6.6/10
Features
6.5/10
Customer service
6.6/10
Convenience
7.3/10
Trust
6.6/10

Latest reviews of NAB Tailored Home Loan (Fixed)

  • Overall
    9/10
    Good

    Very good

    Very good

    Price
    8/10
    Features
    9/10
    Customer service
    8/10
    Convenience
    9/10
    Trust
    6/10

    Dominic | Western Australia

    reviewed about 1 year ago

  • Overall
    9/10
    Very satisfied overall, low fees and great service

    Very happy with the low fees and great service

    Very happy with the low fees and great service

    Price
    8/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -

    Carly | South Australia

    reviewed almost 2 years ago

  • Overall
    5/10
    Not thoroughly happy

    Asked for insurance then I went to claim and they said I didn't have it. Not happy.

    Asked for insurance then I went to claim and they said I didn't have it. Not happy.

    Price
    6/10
    Features
    6/10
    Customer service
    1/10
    Convenience
    8/10
    Trust
    1/10

    Sharee | New South Wales

    reviewed about 3 years ago

  • Overall
    2/10
    Staff training required

    I've been given incorrect info on loan amounts from staff

    I've been given incorrect info on loan amounts from staff

    Price
    2/10
    Features
    2/10
    Customer service
    4/10
    Convenience
    2/10
    Trust
    2/10

    Tara | Queensland

    reviewed over 3 years ago

  • Overall
    4/10
    Just another big bank

    Like most banks NAB has high fees for some products and it can be difficult speaking to the right...

    Like most banks NAB has high fees for some products and it can be difficult speaking to the right person as you go from department to department. Generally my dealings with them have been ok, except for the last time I applied for a loan - terrible!

    Price
    4/10
    Features
    5/10
    Customer service
    5/10
    Convenience
    5/10
    Trust
    3/10

    Janelle | Victoria

    reviewed over 3 years ago

NAB

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

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Base Variable Rate Home Loan

3.79% p.a.

3.83% p.a.

$0.00

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Tailored Home Loan

5.36% p.a.

5.49% p.a.

$8.00 monthly

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NAB

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Flexiplus Mortgage

6.60% p.a.

n/a

$250.00 yearly

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NAB

NAB

Tailored Home Loan (Fixed, Choice Package)

p.a.

n/a

$395.00 yearly

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NAB

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Tailored Home Loan (Choice Package)

4.76% p.a.

5.14% p.a.

$395.00 yearly

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NAB

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Portfolio Facility

6.02% p.a.

n/a

$550.00 yearly

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UBank

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UHomeLoan - Discount Offer

3.59% p.a. variable

3.59% p.a.

$0

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HSBC

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Home Value Loan

3.59% p.a. variable

3.61% p.a.

$150

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Virgin Money

Virgin Money

Reward Me Variable Rate Home Loan

3.69% p.a. variable

3.83% p.a.

$150

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ME

ME

Flexible Home Loan (Fixed)

3.94% p.a.
fixed 3 years

4.87% p.a.

$400

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Heritage Bank

Heritage Bank

Discount Variable Home Loan

3.67% p.a. variable

3.69% p.a.

$150

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Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

3.89% p.a. variable

4.29% p.a.

$0

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Macquarie

Macquarie

Basic Home Loan (Fixed)

3.69% p.a.
fixed 3 years

3.79% p.a.

$0

Promoted

Athena

Athena

Variable Home Loan

3.59% p.a. variable

3.57% p.a.

$488

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UBank

UBank

UHomeLoan - Discount Offer

3.59% p.a.

3.59% p.a.

$0

Promoted

HSBC

HSBC

Home Value Loan

3.59% p.a.

3.61% p.a.

$150

Promoted

Athena

Athena

Variable Home Loan

3.59% p.a.

3.57% p.a.

$488

Promoted

Heritage Bank

Heritage Bank

Discount Variable Home Loan

3.67% p.a.

3.69% p.a.

$150

Promoted

State Custodians

State Custodians

Low Rate Home Loan with Offset

3.58% p.a.

3.60% p.a.

$0

Promoted

RACQ Bank

RACQ Bank

Mortgage Saver Special

3.69% p.a.

3.69% p.a.

$0

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loans.com.au

loans.com.au

Smart Home Loan

3.48% p.a.

3.50% p.a.

$520

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Mortgage House

Mortgage House

Red Prime

3.49% p.a.

3.56% p.a.

$940

Promoted

UBank

UBank

UHomeLoan (Fixed)

3.74% p.a.
fixed 3 years

4.01% p.a.

$395

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loans.com.au

loans.com.au

Fixed Home Loan

3.59% p.a.
fixed 3 years

3.89% p.a.

$520

Promoted

Virgin Money

Virgin Money

Reward Me Fixed Rate Home Loan - First Home Buyer Special

n/a

n/a

$0

Promoted

Macquarie

Macquarie

Basic Home Loan (Fixed)

3.69% p.a.
fixed 3 years

3.79% p.a.

$0

Promoted

ME

ME

Flexible Home Loan (Fixed)

3.94% p.a.
fixed 3 years

4.87% p.a.

$400

Promoted

NAB

NAB

Tailored Home Loan (Fixed, Choice Package)

3.79% p.a.
fixed 3 years

4.89% p.a.

$0

Promoted

Bankwest

Bankwest

Complete Fixed Home Loan (Package)

3.98% p.a.
fixed 3 years

4.52% p.a.

$250

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Bank of Queensland

Bank of Queensland

Fixed Rate

3.69% p.a.
fixed 3 years

4.48% p.a.

$450

*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.