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

  • 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

  • Choose when you make your repayments - 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.

Offer
Featured rate

For a limited time enjoy the benefits of one of our lowest rates ever with no application or ongoing fees.

Variable rate

2.29 % p.a.

Comparison rate

2.33 % p.a.

Application fee

$ 0

Monthly fee

$ 0

This special offer is for new owner occupier, principal and interest home loans where the customer takes a NAB Base Variable Rate Home Loan and has a deposit of 20% or more of the property value.

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

Choose when you make your repayments - 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.

Offer

Enjoy a $2K refinance bonus

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 from 7 September 2020 until the time the offer is withdrawn.

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

Apply online
Start your home buying journey

Our step-by-step guide to getting started with your home loan application.

Step 1. Book an appointment

Book a time with a NAB home loan expert who can guide you through the application process and answer any questions you may have.

Step 2. Find your property

Now you can bid with confidence. Your conditional approval is valid for 90 days and can be renewed if you need more time.

Step 3. Get ready to move in

Tailor the details of your home loan with a banker and finalise your application.

Interest rates

Interest rates for the NAB Base Variable Rate Home Loan.

Owner occupier

Loan type

Interest rate

Comparison rate

Principal and interest

Interest rate

3.45%

Comparison rate

3.49%

Special offer for new owner occupier loans when making principal and interest repayments LVR ≤80%

Interest rate

2.29%

Comparison rate

2.33%

Special offer for new owner occupier loans when making principal and interest repayments LVR >80%

Interest rate

2.99%

Comparison rate

3.03%

Interest Only

Interest rate

4.02%

Comparison rate

3.70%

Residential investor

Loan type

Interest rate

Comparison rate

Principal and interest

Interest rate

3.97%

Comparison rate

4.01%

Special offer for residential investors, principal and interest LVR ≤80%

Interest rate

2.79%

Comparison rate

2.83%

Special offer for residential investors, principal and interest LVR >80%

Interest rate

3.34%

Comparison rate

3.38%

Interest Only

Interest rate

4.35%

Comparison rate

4.15%

Special offer for residential investors, interest only LVR ≤80

Interest rate

2.99%

Comparison rate

3.63%

Help and support

We’re here to help. Learn about the support services available to you.

Contact us

Book an appointment

Request a call back or book an appointment in branch or with a mobile banker who can come to you.

Call us

Monday to Friday, 8:00am to 7:00pm (AEST/AEDT)
Saturday to Sunday, 9:00am to 6:00pm (AEST/AEDT)

13 78 79

Visit a NAB branch

Visit your nearest NAB branch to speak to us in person.

Terms and Conditions

Other important information about this offer

Any other product offers from NAB (including the Base Variable Rate Application Fee Waiver or Credit Card offers that are made by NAB from time to time) are independent from this NAB Home Loan Refinance Cash Bonus offer and customers can benefit from multiple NAB offers (subject to the eligibility criteria and terms and conditions of those other offers).

A variation of an existing NAB Home Loan with no new lending over $250,000 which results in a new account number does not qualify as an eligible refinance for the purposes of the Cash Bonus.

Terms, conditions, fees, charges, eligibility criteria and lending criteria apply for all NAB products (available on request).

NAB may vary or withdraw this Cash Bonus offer at any time without notice.

Correct as at 6 July 2021