NAB responds to the Reserve Bank of Australia’s cash rate decision.
Change to NAB home loan rate - NAB
03 February 2026
Interest Rates
Customer rates updated
Following the Reserve Bank of Australia’s decision to increase the official cash rate today, NAB’s standard variable home loan interest rate will rise by 0.25% p.a. from 13 February 2026.
Customers can view NAB’s current home loan rates here.
NAB data shows around 80% of customers chose not to reduce their home loan repayments following the RBA’s cash rate cut in February 2025, with many continuing to pay more than the minimum required.
NAB Executive for Personal Banking Paul Carter said while the change may be challenging for some borrowers, many have adapted over time by taking proactive steps to manage their money.
“Customers have shown that paying above the minimum can help build a repayment buffer, providing valuable breathing room when rates rise while helping to reduce interest over the life of the loan,” Mr Carter said.
He said borrowers experiencing financial pressure should know support is available and that discussing options early can help.
“For anyone who is feeling under pressure, the most important step is to reach out early. There are options available, and we’re here to help.”
NAB also regularly reviews its savings and deposit rates, which customers can find here.
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