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 value2. For more information on comparison rates1 and the fees and charges that can apply please refer to our important information below.

  • 3.20 %p.a.

    variable rate

  • 3.24 %p.a.

    comparison rate1

  • $0

    monthly fee

  • $0

    redraw fee

  • $600

    application fee

Features and benefits

Pay off your loan sooner

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

Flexible repayments

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

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%

You can borrow up to 95% of the property’s value when you make principal and interest repayments and live in the property. 3

Keep in mind, if you borrow 80% or more of the property’s value, Lender’s Mortgage Insurance applies. 

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

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

Ready to get started?

Apply online for conditional approval. It takes only 15-20 minutes.

Interest rates

Base Variable Rate
NAB Base Variable Rate Home Loan Interest rate Comparison rate1
Principal & Interest Interest rate 3.70% p.a. Comparison rate1 3.74% p.a.
Special offer for new owner occupier loans when making principal & interest repayments

LVR ≤80%2
Interest rate 3.20% p.a. Comparison rate1 3.24% p.a.
Special offer for new owner occupier loans when making principal & interest repayments

LVR >80%2
Interest rate 3.40% p.a. Comparison rate1 3.44% p.a.
Interest Only Interest rate 4.27% p.a. Comparison rate1 3.96% p.a.

Other options to consider

NAB Choice Package

Package your home loan and save.

NAB Tailored Home Loan

Pay off your home loan sooner with our feature-packed, flexible home loan.

NAB FlexiPlus Mortgage

If you need flexible lending, with a line of credit you can access funds at any time with no scheduled repayments.

Let's talk

We're ready to help you

Talk to an expert
Call 13 78 79

Mon-Fri 8am - 7pm (AEST/ADST)
Sat-Sun 9am - 6pm (AEST/ADST)