NAB Home Loans
The National Australia Bank is one of Australia’s big four banks and with this size and reach within the financial market, comes the strength of a diverse range of mortgage products. For example, there is a mortgage which will give you certainty on repayment amounts, and another with industry renowned flexibility which allows you to design your own home loan by choosing the most suitable benefits and options featured, or you can choose a NAB home loan which allows you to split your borrowings to encompass one or more products.
| Home Loan | Details | Interest Rate (p.a.) | Comp Rate^ (p.a.) | App Fee / Ongoing Fee | Max LVR | Min & Max Borrowing | |
|---|---|---|---|---|---|---|---|
 NAB National Choice Package ($250,000 and above) |
National Choice Package ($250,000+) | 6.52% | 6.88% | $0 / $395 | 95% | $250,000 / $10,000,000 |
 
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NAB National Choice Package ($100,000 to $249,999) |
National Choice Package ($100,000 /$249,000) | 6.62% | 6.98% | $0 / $395 | 95% | $150,000 / $249,999 |
|
NAB Tailored Home Loan – Variable Rate |
NAB Tailored Home Loan – Enjoy a discount with NAB Choice Package | 7.22% | 7.35% | $600 / $10 | 95% | $20,000 / $10,000,000 |
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NAB Base Variable Rate Home Loan |
NAB Base Variable Rate | 6.72% | 6.76% | $600 / $0 | 95% | $20,000 / $10,000,000 |
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NAB Home Equity Line of Credit |
Home Equity Line of Credit | 6.70% | $600 / $15 | 95% | $20,000 / $10,000,000 |
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NAB Introductory Rate Home Loan (3 years Variable) |
Introductory Rate (3 Years Variable) | 6.67% | 7.56% | $600 / $10 | 95% | $20,000 / $10,000,000 |
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NAB Portfolio Facility (LOC) – $250,000 – $499,999 |
Portfolio Facility ($250,000 /$499,999) | 6.79% | $0 / $550 | 90% | $250,000 / $499,999 |
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NAB Portfolio Facility (LOC) – $500,000 – $999,999 |
Portfolio Facility ($500,000 /$999,999) | 6.69% | $0 / $550 | 90% | $500,000 / $999,999 |
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NAB Portfolio Facility (LOC) – $1,000,000 and above |
Portfolio Facility ($1,000,000+) | 6.59% | $0 / $550 | 90% | $1,000,000 / $10,000,000 |
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NAB Flexiplus Mortgage |
Flexiplus Mortgage | 7.37% | $600 / $250 | 90% | $20,000 / $10,000,000 |
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NAB Fixed Rate Loan Options
| Home Loan | Details | Interest Rate (p.a.) | Comp Rate^ (p.a.) | App Fee / Ongoing Fee | Max LVR | Min & Max Borrowing | |
|---|---|---|---|---|---|---|---|
NAB Introductory Rate Home Loan – 1 Year Fixed Rate |
Introductory Rate (12 Months Fixed) | 6.19% | $600 / $8 | 95% | $20,000 / $10,000,000 |
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NAB Introductory Rate Home Loan – 3 Year Fixed Rate |
Introductory Rate (3 Years Fixed) | 6.49% | 7.51% | $600 / $8 | 95% | $20,000 / $10,000,000 |
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NAB Tailored Fixed Rate Home Loan – 2 Year Fixed Rate |
NAB Tailored Fixed Home Loan (2 Years) | 6.24% | 7.24% | $600 / $8 | 95% | $20,000 / $1,000,000 |
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NAB Tailored Fixed Rate Home Loan – 3 Year Fixed Rate |
NAB Tailored Home Loan Fixed (3 Years) | 6.34% | 7.09% | $600 / $8 | 95% | $20,000 / $10,000,000 |
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NAB Tailored Fixed Rate Home Loan – 5 Year Fixed Rate |
NAB Tailored Home Loan Fixed (5 Years) | 6.84% | 7.18% | $600 / $8 | 95% | $20,000 / $1,000,000 |
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Ideal First Home Buyer Home Loans
A particularly popular mortgage among NAB home loan products is their simple and easy to manage home loan with a low ongoing interest rate and no ongoing fees. This loan is called the NAB Base Variable Rate Home Loan and is ideal for first home buyers as it allows you to make low monthly home loan repayments as you adjust to being a mortgage holder, and you’re not paying for extra features you don’t need.
Another mortgage which is especially popular among first home buyers and renovators is the NAB Introductory Rate Home Loan. This NAB loan is a product which can get you off to a good start in home buying because of its discounted fixed or variable interest rate that you can enjoy for the 12 months or three years – you choose how long you want to make savings on your repayments, depending on your plans for the future, and how long you are going to keep your home loan.
The Two Tailored Home Loans
NAB home loans offer two special home loans that can be tailored to best fit in with your own particular circumstances, they are.
- The NAB Tailored Home Loan – Variable Interest Rate. A home loan that is packed with features which are focused on helping you pay your home loan off early, if you are able to take advantage of making additional repayments whenever you can.
- The NAB Tailored Home Loan – Fixed Interest Rate. A fixed interest rate home loan means that you can enjoy the certainty of knowing your repayments will not increase even if official rates are on the rise.
Property Investor Focused Home Loans
The NAB Home Equity Line of Credit mortgage is an industry competitive line of credit mortgage offered by NAB home loans that is of benefit to property investors and others who want to manage their account electronically. With a line of credit mortgage you can draw down on the available borrowings when you need them – to cover repayments when you are between tenants, conduct repairs on the property, or make improvements.
Another loan ideal for investment purposes is the NAB FlexiPlus Mortgage Facility. This loan won the Money Magazine ‘Cheapest Flexible Home Loan for 2011′ and offers a flexible line of credit for both home buying and property investment purposes.
The NAB Portfolio Facility is another mortgage loan that offers a line of credit facility but in this case it is available to be linked to your transaction accounts. This means it is an all in one banking solution that has your personal borrowings, home and investment loans all linked together in the one facility for easy management, and to allow your savings and transaction income to offset your principle loan amount and save you interest.
Award Winning Package Deal
The ‘Cheapest Home Loan Package’ award from Money Magazine in 2011 went to NAB home loans’ NAB Choice Package. This is a special package offering a wide range of the bank’s products and services along with substantial discounts, all for only one annual fee.
More NAB Home Loans
Whether you are a first home buyer or looking to buy yourself a holiday home to get away with your family and friends, there is a NAB home loan which will suit your needs, including:
- The Rural Lifestyle Home Loan which is a flexible and low cost mortgage for those wanting to purchase their rural retreat.
- If you are self employed and can’t prove your income through employer references and pay slips, you can apply for a home loan using the Solutions for Self Employed (Low Doc) loan.
- The NAB Clear Banking Home Loan is a basic home loan which could suit you if you simply want a variable interest rate home loan, and the guarantee that you will be able to pay out the loan early at any time without attracting high exit fees.
- To cater to the unique and fluid needs of Defence Force personnel, NAB offers the NAB Defence Force Home Loan which works in conjunction with the Defence Home Ownership Assistance Scheme.
Refinancing from an existing home loan to one that offers you a better deal has become more commonplace across Australian lenders, especially since the government began openly promoting the practice in order to create greater competition between the various lenders. NAB home loans also wants to preserve a borrower’s ability to vote with their feet when they are unhappy, and while their home loan specialists will tailor a loan to suit your needs at application and into the future, if those needs change, NAB also makes it easy to refinance.
If you’ve seen a NAB home loans product which you think will fit into your lifestyle, find out more about the features and fees of NAB home loans.
Whether it is your aim to pay off your home loan as early as possible, keep your repayments to a minimum, or gain more flexibility, NAB home loans are able to work with you to put together a suitable package.
Related Resources
- NAB Base Variable Rate Home Loan
If you have decided that the NAB Base Variable Rate Home Loan is right for you, or you would like to further investigate if a Variable Rate Home Loan is best for you and/or your family, contact Home Loan Finder to get started. - NAB Clear Banking Home Loan
The average life of an Australian mortgage is now just 20 months, so a home loan without exit fees is truly unique. Find out more about how the NAB Clear Banking Home Loan can save you in other ways too. - NAB Fixed Rate Home Loan (1 Year)
- NAB Flexiplus Mortgage
If you are looking for a flexible home loan with low fees and a low comparison rate, then let Home Loan Finder help you determine whether the NAB Flexiplus Mortgage is for you. - NAB Home Equity Line of Credit
The NAB Home Equity Line of Credit loan allows you to unlock the equity in your home so you can invest in other things. Read this article to find out more. - NAB Introductory Rate Home Loan
NAB Introductory variable rates are suitable for those ready to begin a Home Loan at a low variable rate, meaning that their initial rate is low enough to encourage larger repayments and also reap the benefit of changing throughout the life of the loan. - NAB Introductory Rate Home Loan (12 months Fixed)
Remember to always consider the various products available when selecting your home loan, and ensure the loan and rate you choose will offer financial well being and security for you and your family. - NAB Introductory Rate Home Loan (3 years Fixed)
You must remember that with a fixed rate Home Loan, your rates won’t go up, but they also won’t come down. You must be able to answer this question before you choose a NAB Fixed Home Loan: Do I want ongoing security, or do I want the opportunity to have my rates altered? - NAB Introductory Rate Home Loan (3 years Variable)
Choosing a variable interest rate may not seem to be the best home loan option in the current climate, but the NAB introductory 3 year variable interest rate could be just what you need to ride out the rises. - NAB National Choice Package ($150,000 to $249,999)
- NAB National Choice Package ($250,000 and above)
If you are borrowing over $250,000 and would like to make managing your account easier and save money the NAB National Choice Package ($250,000 and above) may be for you. Read this article to find out more. - NAB Portfolio Facility (LOC) - $1,000,000 and above
- NAB Portfolio Facility (LOC) - $250,000 - $499,999
Line of credit facilities are a great way to improve your investment portfolio. If you are looking for one easy to manage account that allows you to manage all your investments separately the NAB Portfolio Facility is worth a look. Read this article to find out more. - NAB Portfolio Facility (LOC) - $500,000 - $999,999
- NAB Tailored Home Loan
If you are looking for a flexible loan with many additional features to help you save money the NAB Tailored Home Loan - Variable Rate may be the loan for you. Read this article to find out more. - NAB Tailored Home Loan - Fixed Rate (5 Years)
- NAB Tailored Home Loan - Fixed Rate (Interest Only in advance)
The NAB Tailored Home Loan - Fixed Rate (Interest Only in advance) allows you to pay the interest first so you receive a discount on the interest rates. This is a great way for investors to save money on their investment property. Read this article to find out more. - NAB Tailored Home Loan - Fixed Rate (Interest Only paid in arrears)
The NAB Tailored Home Loan - Fixed Rate (Interest Only paid in arrears) allows you to get an investment property without many upfront costs. Read this article and find out how you can expand your investment portfolio. - NAB Three Years Fixed Rate Home Loan
The NAB Tailored Home Loan - Fixed Rate is a great fixed rate loan that offers many additional features that will help you save. Read this article to find out more and get a secure home loan today.
Related Posts
- NAB Clear Banking Home Loan Review
A Clear Banking loan can provide you with a simple to handle line of money for getting your home paid off. It will not have all of the fees that you might expect to find on a typical loan. If this sounds good to you then read on... - Benefits of Following NAB on Facebook
Much has been made of the recent break up advertising campaign conducted by NAB. Find out what people think, and follow the company’s moves by joining up at http://www.facebook.com/nab. - twitter.com/nab Follow NAB on Twitter
Twitter is not just taking the world by storm as for as celebrity news goes. Now even businesses are getting in on the act, and with the recent newsworthy break up story, NAB are using the social networking site to keep in contact with their customers. You can follow them at http://twitter.com/nab. - nab.com.au/breakup Join The NAB Breakup Discussion On The Blog
In the battle for business http://www.nab.com.au have been causing a stir with their recent break up campaign. Although some consumers don’t agree with the marketing tactics on show, the result has actually meant better prices for customers. Surely that can only be a good thing? - Switch your Home Loan to NAB
If you are looking to refinance your home loan then read this article and find out why you should refinance your home loan to the NAB. This article will also explain what you should look out for and what you will have to do to refinance. - NAB Economic Cost
If you are considering paying off a your home loan early then you should read this article and find out about the NAB economic cost and how it may affect you. - NAB Investment
If you are looking to invest then read this article about some of the investment loans available and how they will suit different investment styles. - NAB Home Loan Pre-approvals Advice
If you are looking to buy a home then you should be looking to get home loan pre-approval. Read this article and find out all you would like to know about home loan pre-approval. - Home Loan Features
Read this article and find out what features are offered with home loans and how they can help you. By knowing how the home loan features will help you save you will be able to choose the right loan. - Buying Your Next Home with a NAB Home Loan
If you are looking at buying your next home then you should be sure that you read this article and find out about all the features of the NAB loans that are on offer. - Home Renovation
If you are looking to build or renovate then talk to one of the NABs home loan specialists. Read this article and read about these specialists and what home loans the Nab offer that are suited to people who are looking to build or renovate. - NAB Home Loan Exchange Policy www.nab.com.au/exchange
The NAB Home Loan Exchange Policy gives you freedom in your mortgage. With this unique program you can switch any variable rate loan to another variable rate loan at no cost or add features to a loan with only minimal cost. This means that no matter where life takes you, your home loan can meet your needs with little or no additional cost. - NAB Home Loan Application Process.
National Australia Bank is one of the big four banks in Australia so can offer you the security you want and need in a home loan. However, as we guide you through the NAB application process, you will also see how simple and personalised it can be too. - NAB Solutions for Self-Employed ('Low Doc')
If you are self employed and are looking for a home loan be sure to check out the NAB Solutions for Self-Employed ('Low Doc') loan. You can choose between a variety of loan types so you can be sure that you get the right loan for your needs. - NAB Rural Lifestyle Home Loans
The NAB Rural Lifestyle Home Loans provide flexible cost-effective loans for people who are purchasing land in a rural area. Read this article to find out more. - NAB Defence Force Home Loan
By being a member of the defence force you are entitled to a variety of discounts and extra features on the NAB Defence Force Home Loan. Read this article to find out how you can save money while paying off your home. - NAB Home Equity Line of Credit
A line of credit or LOC loan gives you access to the equity you have worked hard to accrue in your home, but you have to make sure you are disciplined enough to use it wisely, find out more now and with the help of Home Loan Finder you can make your loan and your equity work harder.
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