This special offer is for new owner occupier, principal and interest home loans where the customer has a deposit of 20% or more of the property value.3 For more information on comparison rates1 and the fees and charges that can apply please refer to our important information below.

  • 2.69 %p.a.

    variable rate

  • 2.69 %p.a.

    comparison rate1

  • $0

    monthly fee

  • $0

    redraw fee

  • $0.00

    application fee2

Ready to get started?

Apply online for conditional approval. It can take around 20 minutes.

Benefits and features

Pay off your loan sooner

Pay off your loan sooner

No fees for making extra repayments on your mortgage, so you can get ahead faster.

Flexible repayments

Flexible repayments

Choose when you make your repayments - weekly, fortnightly or monthly.

Save money on fees and interest

Save money on fees and interest

No monthly service fees to add to your home loan costs and our low rates help you save on interest over the life of your loan.

Borrow up to 95%

Borrow up to 95%

You can borrow up to 95% of the property’s value when you make principal and interest repayments and live in the property.

Easy access to your money

Easy access to your money

If you’re at least one full repayment ahead, you can redraw $500 or more with no fees. It’s simple to redraw using NAB Internet Banking.

Control from your pocket

Control from your pocket

Stay on top of your home loan through the NAB App. You can track your home loan progress, estimate your property equity and more.


Make your move a little easier with a $2k cash bonus when you refinance your existing home loan to NAB.

An eligible NAB transaction account is required at the time of drawdown. The cash bonus is available on new refinances of $250,000 or more and drawdown must occur between 7 September 2020 and 31 July 2021, unless extended.

See important information including eligibility and lending criteria in the terms and conditions below.

Enquire now

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Interest rates

Base Variable Rate
NAB Base Variable Rate Home Loan Interest rate Comparison rate1
Principal & Interest Interest rate 3.45% p.a. Comparison rate1 3.45% p.a.
Special offer for new owner occupier loans when making principal & interest repayments

LVR ≤80%3
Interest rate 2.69% p.a. Comparison rate1 2.69% p.a.
Special offer for new owner occupier loans when making principal & interest repayments

LVR >80%3
Interest rate 3.04% p.a. Comparison rate1 3.04% p.a.
Interest Only Interest rate 4.02% p.a. Comparison rate1 3.67% p.a.

Comparison rate warning1

Compare rates for all home loan products

Other options to consider


Variable with Offset

Get a discounted variable rate and a 100% offset account when you get the NAB Choice Package.
daughter with mother

Fixed Rate

Lock in your interest rate and enjoy the certainty of fixed repayments.

Let's talk

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