Choice Package Variable Rate

For owner occupiers with a NAB Choice Package home loan of more than $750,000, making principal and interest repayments.

For more information on comparison rates1 and the fees and charges that can apply, please refer to our Important Information below.

  • 3.87 %p.a.

    Variable rate

  • 4.28 %p.a.

    Comparison rate1

  • $395

    Annual Choice Package fee

  • $0

    application fee

Ready to get started?

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

Benefits and Features

Save with an offset account

You could save thousands of dollars in interest by linking an offset account.

Discounted variable rate

Get discounts and benefits with your variable rate home loan through the NAB Choice Package.

Flexible repayment

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

Split your loan

Get the best of both worlds by splitting your loan into variable and fixed portions.

Pay off your loan sooner

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

Control from your pocket

Track your home loan progress, estimate your property equity and more from within the NAB App.

$2,000 home buying bonus

Found the right home for you and ready to buy? With NAB, you could receive a $2,000 bonus to make that move a little easier.

See Important Information for full eligibility, lending criteria and other offer terms and conditions.2

Interest Rates


choice package - principal & interest
NAB Choice Package – Principal & Interest Interest rate Comparison rate1
Less than $250,000 Interest rate 4.17% p.a. Comparison rate1 4.57% p.a.
$250,000 to 749,999 Interest rate 3.92% p.a. Comparison rate1 4.32% p.a.
$750,000 and above Interest rate 3.87% p.a. Comparison rate1 4.28% p.a. View disclaimer 1
Choice Package - Interest Only
NAB Choice Package – Interest Only Interest rate Comparison rate1
Less than $250,000 Interest rate 4.74% p.a. Comparison rate1 4.76% p.a.
$250,000 to $749,999 Interest rate 4.49% p.a. Comparison rate1 4.51% p.a.
$750,000 and above Interest rate 4.44% p.a. Comparison rate1 4.46% p.a.

Comparison rate warning1

Compare rates for all home loan products

Other options to consider

Basic Variable

Pay no ongoing monthly fees with our simple, low-rate home loan.

Fixed Rate

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

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