5.94 % p.a.
The benefits of this home loan
Learn about the benefits of our basic variable home loan.
Save money on fees and interest
Pay off your loan sooner
Easy access to your money
Borrow up to 95%
Flexible repayments
Control from your pocket
Offer
Featured offer rate
Offer
Enjoy a low rate, no application or ongoing fees with our basic, variable rate home loan.
Variable rate
Comparison rate
5.98 % p.a.
Application fee
$ 0
Monthly fee
$ 0
Available for new Owner occupierAn owner-occupier owns the home they live in which is used as their primary residence. They don’t rent out the home or use it for investment purposes. , principal and interest home loans where the customer takes a NAB Base Variable Rate Home Loan.
For more information on comparison rates and the fees and charges that can apply please refer to our important information below.
The benefits of this home loan
Make the most of your NAB home loan with these great features and benefits.
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.
Pay off your loan sooner
No fees for making additional repayments on your home loan, so you can get ahead faster.
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.
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.
Flexible repayments
Manage your repayment. Choose a frequency that works for you - weekly, fortnightly or monthly.
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.
Calculators and tools
Use our tools and calculators to work out your potential repayments, borrowing power, and more.
How much can I borrow?
Get an estimate of how much you can afford to borrow for your home.
Home loan repayment calculator
Compare your loan amount with other factors to estimate your minimum loan repayments.
Property insights , opens in new window
Get information about a suburb or specific property, coupled with estimated property values and sales and rental history.
Ready to start your home buying journey?
Book an appointment with a home loan expert to discuss your options.
Interest rates
Interest rates for the NAB Base Variable Rate Home Loan.
Owner occupier
An owner-occupier owns the home they live in which is used as their primary residence. They don’t rent out the home or use it for investment purposes. The following interest rates relate to loans for those type of homes.
| Loan type | Interest rate |
Comparison rate |
|---|---|---|
Principal and interest |
Interest rate 5.94% p.a. |
Comparison rate 5.98% p.a. |
Interest Only |
Interest rate 6.84% p.a. |
Comparison rate 6.36% p.a. |
Residential investor
| Loan type | Interest rate |
Comparison rate |
|---|---|---|
Principal and interest |
Interest rate
6.46% p.a.
|
Comparison rate
6.50% p.a.
|
Interest Only |
Interest rate
7.17% p.a.
|
Comparison rate
6.81% p.a.
|
Comparison rate warning
Other loan options to consider
Not what you're looking for? Learn about other home loans we have available.
Tailored variable rate with offset
Enjoy extra flexibility and features with a variable rate NAB Tailored Home Loan.
Tailored fixed rate
Gain additional certainty of a fixed interest rate with a NAB Tailored Home Loan.
Help and support
We’re here to help. Learn about the support services available to you.
Contact us for home loan related queries
This is how you can get in touch.
Start a conversation with a banker
- Log into either NAB Internet Banking or the NAB app.
- Tap on the message icon.
- Type ‘speak to a person’ in the conversation window.
Call us
Speak to a home loan expert about a new or existing home loan.
Monday to Friday, 8:00am to 7:00pm (AEST/AEDT)
Saturday to Sunday, 9:00am to 6:00pm (AEST/AEDT)
Book an appointment
Make an appointment to see us at your nearest branch, ask a mobile banker to come to you or ask us to call you back.
Terms and Conditions
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Target Market Determinations for these products are available at nab.com.au/TMD.