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NAB Tailored Home Loan (Fixed)

Advertiser disclosure
The details shown below are for an owner occupier taking out a principal & interest loan of at least $20,000 with an LVR below 70%
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 70%
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 70%
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 70%
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 < 70% $20,000
Owner Occupier Principal & Interest 70%-95% $20,000
Owner Occupier Interest Only < 70% $20,000
Owner Occupier Interest Only 70%-80% $20,000
Investor Principal & Interest < 70% $20,000
Investor Principal & Interest 70%-95% $20,000
Investor Interest Only < 70% $20,000
Investor Interest Only 70%-80% $20,000
  • Owner Occupier (Principal & Interest)
    LVR < 70%
    Loan: $20,000
  • Owner Occupier (Principal & Interest)
    LVR 70%-95%
    Loan: $20,000
  • Owner Occupier (Interest Only)
    LVR < 70%
    Loan: $20,000
  • Owner Occupier (Interest Only)
    LVR 70%-80%
    Loan: $20,000
  • Investor (Principal & Interest)
    LVR < 70%
    Loan: $20,000
  • Investor (Principal & Interest)
    LVR 70%-95%
    Loan: $20,000
  • Investor (Interest Only)
    LVR < 70%
    Loan: $20,000
  • Investor (Interest Only)
    LVR 70%-80%
    Loan: $20,000
Fixed 3 year rate
6.59% p.a.
Comparison Rate
6.82% p.a.
Service fee
$8.00 monthly
Upfront fee
$0
Fixed 3 year rate
6.64% p.a.
Comparison Rate
6.98% p.a.
Service fee
$8.00 monthly
Upfront fee
$0
Fixed 3 year rate
6.84% p.a.
Comparison Rate
6.89% p.a.
Service fee
$8.00 monthly
Upfront fee
$0
Fixed 3 year rate
6.89% p.a.
Comparison Rate
7.05% p.a.
Service fee
$8.00 monthly
Upfront fee
$0
Fixed 3 year rate
6.74% p.a.
Comparison Rate
7.08% p.a.
Service fee
$8.00 monthly
Upfront fee
$0
Fixed 3 year rate
6.79% p.a.
Comparison Rate
7.23% p.a.
Service fee
$8.00 monthly
Upfront fee
$0
Fixed 3 year rate
6.84% p.a.
Comparison Rate
7.10% p.a.
Service fee
$8.00 monthly
Upfront fee
$0
Fixed 3 year rate
6.89% p.a.
Comparison Rate
7.26% p.a.
Service fee
$8.00 monthly
Upfront fee
$0

Mozo editorial review NAB Tailored Home Loan (Fixed) - last updated: 15 April 2024

binocular icon
What's hot
  • 6.59% p.a. two year fixed rate for LVRs under 70% (6.83% p.a. comparison rate*)
  • Free extra repayments up to $20,000 during fixed period
What's not
  • $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. On top of this, NAB is waiving its $600 home loan application fee.

key icon
Key features

The NAB Tailored Home Loan lets buyers lock in fixed terms of up to 5 years, with a number of rates under the 6% mark available. There are options for both owner occupiers and investors looking to pay principal and interest or interest only.

Interest rates for investors start at 6.74% for the 2 year fixed term (7.10% comparison rate*). 

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.

snapshot
Who is it 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.

question icon
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 the Tailored Home Loan Variable Rate, from 6.79% 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 27 May 2024. 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

n/a

n/a

n/a

n/a

6.69% (6.87%*)

6.59% (6.84%*)

6.59% (6.82%*)

6.74% (6.86%*)

6.79% (6.88%*)

n/a

n/a

6.79% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$8.00 monthly

$350.00

Other financial bits

$20,000

none

none

70.00%

Features

Weekly, Fortnightly, Monthly

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

yes

no

none

yes

no

none

33% Discount on Lenders Mortgage Insurance available to First Home Buyers. $600 application fee waived for new home loans.

none

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 27 May 2024. 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

n/a

n/a

n/a

n/a

6.74% (7.05%*)

6.64% (7.01%*)

6.64% (6.98%*)

6.79% (7.00%*)

6.84% (7.01%*)

n/a

n/a

6.99% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$8.00 monthly

$350.00

Other financial bits

$20,000

none

70.00%

95.00%

Features

Weekly, Fortnightly, Monthly

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

yes

no

none

yes

no

none

33% Discount on Lenders Mortgage Insurance available to First Home Buyers. $600 application fee waived for new home loans.

none

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 27 May 2024. 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

n/a

n/a

n/a

n/a

6.89% (6.89%*)

6.84% (6.89%*)

6.84% (6.89%*)

6.89% (6.92%*)

7.09% (7.01%*)

n/a

n/a

6.79% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$8.00 monthly

$350.00

Other financial bits

$20,000

none

none

70.00%

Features

Monthly

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

yes

no

none

yes

no

none

$600 application fee waived for new home loans.

none

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 27 May 2024. 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

n/a

n/a

n/a

n/a

6.94% (7.07%*)

6.89% (7.06%*)

6.89% (7.05%*)

6.94% (7.06%*)

7.14% (7.15%*)

n/a

n/a

6.99% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$8.00 monthly

$350.00

Other financial bits

$20,000

none

70.00%

80.00%

Features

Monthly

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

yes

no

none

yes

no

none

$600 application fee waived for new home loans.

none

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 27 May 2024. 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

n/a

n/a

n/a

n/a

6.84% (7.15%*)

6.74% (7.11%*)

6.74% (7.08%*)

6.84% (7.08%*)

6.89% (7.09%*)

n/a

n/a

7.09% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$8.00 monthly

$350.00

Other financial bits

$20,000

none

none

70.00%

Features

Weekly, Fortnightly, Monthly

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

yes

no

none

yes

no

none

$600 application fee waived for new home loans.

none

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 27 May 2024. 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

n/a

n/a

n/a

n/a

6.89% (7.33%*)

6.79% (7.27%*)

6.79% (7.23%*)

6.89% (7.23%*)

6.94% (7.22%*)

n/a

n/a

7.29% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$8.00 monthly

$350.00

Other financial bits

$20,000

none

70.00%

95.00%

Features

Weekly, Fortnightly, Monthly

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

yes

no

none

yes

no

none

$600 application fee waived for new home loans.

none

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 27 May 2024. 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

n/a

n/a

n/a

n/a

6.94% (7.16%*)

6.84% (7.13%*)

6.84% (7.10%*)

7.04% (7.16%*)

7.09% (7.18%*)

n/a

n/a

7.09% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$8.00 monthly

$350.00

Other financial bits

$20,000

none

none

70.00%

Features

Monthly

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

yes

no

none

yes

no

none

$600 application fee waived for new home loans.

none

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 27 May 2024. 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

n/a

n/a

n/a

n/a

6.99% (7.34%*)

6.89% (7.29%*)

6.89% (7.26%*)

7.09% (7.30%*)

7.14% (7.31%*)

n/a

n/a

7.29% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$8.00 monthly

$350.00

Other financial bits

$20,000

none

70.00%

80.00%

Features

Monthly

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

yes

no

none

yes

no

none

$600 application fee waived for new home loans.

none

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
7.5/10
Price
6.6/10
Features
6.4/10
Customer service
6.5/10
Convenience
7.3/10
Trust
6.5/10
Based on 2973 NAB home loan reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Latest reviews of NAB Tailored Home Loan (Fixed)

About NAB

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Unloan

Variable

5.99% p.a. variable

5.90% p.a.

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Macquarie

Basic Home Loan (Fixed)

6.25% p.a.
fixed 3 years

6.20% p.a.

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Heritage Bank

Discount Variable Home Loan

5.99% p.a. variable

6.01% p.a.

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HSBC

Home Value Loan

6.09% p.a. variable

6.09% p.a.

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Unloan

Variable

6.29% p.a. variable

6.20% p.a.

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ANZ

Fixed Rate

6.59% p.a.
fixed 3 years

7.06% p.a.

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Macquarie

Basic Home Loan

6.14% p.a. variable

6.16% p.a.

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ING

Mortgage Simplifier

6.14% p.a. variable

6.17% p.a.

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Unloan

Variable

5.99% p.a. variable

5.90% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.14% p.a. variable

6.16% p.a.

Thumbnail icon for Heritage Bank
Heritage Bank

Discount Variable Home Loan

5.99% p.a. variable

6.01% p.a.

Thumbnail icon for Unloan
Unloan

Variable

6.29% p.a. variable

6.20% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan

6.24% p.a. variable

6.48% p.a.

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a. variable

6.20% p.a.

Thumbnail icon for ING
ING

Fixed Rate Loan (with Orange Advantage)

5.99% p.a.
fixed 3 years

6.12% p.a.

Thumbnail icon for Macquarie
Macquarie

Offset Home Loan (Package)

6.14% p.a. variable

6.39% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a.

5.90% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.14% p.a.

6.16% p.a.

Thumbnail icon for Heritage Bank
Heritage Bank

Discount Variable Home Loan

5.99% p.a.

6.01% p.a.

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a.

6.20% p.a.

Thumbnail icon for ING
ING

Mortgage Simplifier

6.14% p.a.

6.17% p.a.

Thumbnail icon for Macquarie
Macquarie

Offset Home Loan (Package)

6.14% p.a.

6.39% p.a.

Thumbnail icon for loans.com.au
loans.com.au

Variable Home Loan 90

6.04% p.a.

6.06% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.04% p.a.
fixed 3 years

6.15% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.25% p.a.
fixed 3 years

6.20% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.54% p.a.
fixed 3 years

6.38% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

5.99% p.a.
fixed 3 years

6.41% p.a.

Thumbnail icon for ING
ING

Fixed Rate Loan (with Orange Advantage)

5.99% p.a.
fixed 3 years

6.12% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.35% p.a.
fixed 3 years

6.26% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.54% p.a.
fixed 3 years

6.38% p.a.

Thumbnail icon for ANZ
ANZ

Fixed Rate

6.59% p.a.
fixed 3 years

7.06% p.a.

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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