Manage your NAB loan

Follow these steps to see if you’re ahead on your home loan:

• Log in to the NAB app.
• Select your home loan from your account list.
• On the banner screen you can view available redraw – this is the amount you are ahead of your required repayments.

Changing your repayments is simple and can easily be done from within the NAB app. Here’s how:

• Log into the NAB app.
• Select your home loan from the account list.
• Select the ‘Scheduled’ tab.
• Select the repayment you wish to change (direct debit or transfer).
• Select Modify and follow the steps to change repayments.

View our help article for more detailed instructions and answers to some of the most frequently asked questions.

If you have paid ahead on your home loan, chances are you will be able to access redraw. You can use the NAB app to see if redraw is available with your loan and how much you have available to use. If you have funds available, you can redraw straight away.

• Log in to the NAB app.
• Select your home loan from your account list.
• On the banner you can view your available redraw.
• Tap Redraw on the top right, then follow the steps.

Note: You must be ahead by more than $500 to access the redraw facility on the NAB app.

Check out our support article if you would like to learn more about redraw.

Your offset account is an everyday transaction account which is linked to your home loan. To see which account you have linked to your home loan:

• Log in to the NAB app.
• Select your home loan from your account list
• On the top right-hand corner tap Manage.
• Scroll down to 'Linked offset accounts'.
• This will show you the amount you have available in your offset.

Generally, you can only get an offset account with variable loans. If your home loan is eligible, linking a new or an existing account is easy from the NAB app. Here’s how:

1. Select your home loan account from the ‘My accounts’ screen.
2. On the top right-hand corner tap Manage.
3. Scroll down to panel called ‘Linked offset accounts’ and select Change my offset account.
4. Select an eligible transaction account from the list.

Once complete, you’ll see a confirmation that the request has been processed. You’ll be able to see the balance of your offset account from within NAB Internet Banking and the NAB app.

If your home loan isn't already linked, you’re unsure or just want to see if you can add an offset account to your loan, talk to your banker, or call us on 13 22 65.

Learn more about how an offset account can benefit your home loan.

As a NAB customer, you can get instant access to your NAB account statements online – exactly as they are on paper.

You can do this by switching to NAB Smart Statements. They can help you:

• de-clutter your home or office, with less paper needing to be filed
• get secure and easy access to your statements via NAB Internet Banking
• spend less time looking for your banking correspondence when you need it – we hold seven years of statement history
• manage your impact on the environment - less paper means less waste.

View our helpful article for full instructions on switching.

Equity View in the NAB app:

You can get an estimate of your property equity¹ with the NAB app. In just a few taps, it will compare the market value of your property with your current NAB loan balance – all in the one spot.

1. Log into the NAB app.
2. Select your home loan from your account list.
3. Select 'Estimate my property equity'.
4. Enter the address of the property you would like an estimated value for.
5. The estimated value for the property you selected will appear compared to the loan you selected, which gives an estimated equity range.

NAB Suburb Insights Reports:

Our property valuation reports give you insights about a suburb or specific property and are emailed to you within five minutes, so you can be prepared to make your decision.

Our insights reports include:

• estimated valuation for your property
• median sales prices for your suburb
• estimated rental yield if you were to rent out your property.

If you’re looking for insights for your area, download free NAB Property Reports to get the inside edge.

NAB equity calculator

The NAB equity calculator allows you to work out how much equity you might be access based on your current scenario. It also answers frequently asked questions like:

• How much equity can I leverage from my property?
• What would happen if I keep my property?
• What are the costs associated if I choose to sell my property?

Applying online to top-up your existing NAB home loan is easy using our limit increase application. The online process can be done in as little as 20 minutes.

All you need is:

• your internet banking login so that we can pre-fill some details
• the estimated property price
• your finances (income, expenses, what you own, what you owe)
• your driver license number (if you have one)
• your residential and occupation details for the last three years.

If you have a variable rate loan, you might prefer the budgeting certainty of a fixed rate.

You can fix your loan from the NAB app. Here’s how:

• Login to the NAB app
• Select your home loan from the account list
• Select Make changes to my loan
• If eligible, you can select Fix your interest rate and follow the steps to change your interest rate.

If you have a joint loan, the second person on the account will need to approve the change. They’ll need the latest version of the NAB app, a personal login and will need to approve the change within 48 hours. To do this, the second person will have to:

• Login to the NAB app
• Select your home loan from the account list
• Select Make changes to my loan
• Review the change waiting approval and Approve or Decline.

If you've got a fixed rate loan, you might want the flexibility and features of a variable interest rate, like redraw and repayment holidays. Keep in mind that economic costs may apply if you switch from a fixed rate to a variable rate loan during your fixed rate period.

We can help you change your loan. You can contact your banker, book an appointment or call us on 13 78 79 from 8.00am to 7.00pm Monday to Friday, or 9.00am to 6.00pm on weekends (AEST/AEDT).

We can all be a bit lazy at times when it comes to managing our money. But when it comes to your home loan, laziness could cost you big time. So, it’s important to check that your home loan and banking is set up properly, whether you’ve had your loan for one day or five years. Doing so could shave years off your loan and save you money in the long run.

Learn more about getting the most from your home loan.

At the end of a fixed rate term, your loan will switch to our standard variable rate. If you'd rather stay at a fixed rate for some or all of your borrowing, you can arrange this by booking an appointment or calling us on 13 78 79.

1. Log into the NAB app.
2. Select your home loan from your account list.
3. On the top right-hand corner tap Manage.
4. Scroll down to the 'Interest' heading.

You’ll be able to see how much interest you’ve paid in the current and previous financial year. You’ll also be able to see your current home loan interest rate.

If you’re selling a property, refinancing your home loan, paying off your loan or releasing a family guarantee, you need to give us instructions about your loan. Use our mortgage discharge checklist to help you complete the mortgage discharge authority (letter of instruction) form.