Variable rate with offset

NAB is here to help – Increased COVID-19 support for home loan customers

Choice Package Variable Rate

For owner occupiers with a NAB Choice Package home loan from $250,000 to 749,999, 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.

3.67 %p.a.
Variable rate
4.08 %p.a.
Comparison rate¹
$395
Annual Choice Package fee
$0
application fee

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Apply now

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

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.

Download the Variable Rate with Offset fact sheet (PDF, 1.6 MB)

Home Loan Offers

Whether you’re a first home buyer searching for your first home or an investor looking to build your property portfolio, NAB has a wide range of special offers and discounts to suit your needs.

View home loan offers

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Equity loan calculator

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choice package - principal & interest
NAB Choice Package – Principal & Interest	Interest rate	Comparison rate¹
Less than $250,000	Interest rate 3.92% p.a.	Comparison rate¹ 4.32% p.a.
$250,000 to 749,999	Interest rate 3.67% p.a.	Comparison rate¹ 4.08% p.a. ^{View disclaimer 1}
$750,000 and above	Interest rate 3.62% p.a.	Comparison rate¹ 4.03% p.a. ^{View disclaimer 1}

Choice Package - Interest Only
NAB Choice Package – Interest Only	Interest rate	Comparison rate¹
Less than $250,000	Interest rate 4.49% p.a.	Comparison rate¹ 4.51% p.a.
$250,000 to $749,999	Interest rate 4.24% p.a.	Comparison rate¹ 4.26% p.a.
$750,000 and above	Interest rate 4.19% p.a.	Comparison rate¹ 4.21% p.a.

choice package - principal & interest
NAB Choice Package – Principal & Interest – Residential Investment	Interest rate	Comparison rate¹
Less than $250,000	Interest rate 4.52% p.a.	Comparison rate¹ 4.91% p.a.
$250,000 to 749,999	Interest rate 4.27% p.a.	Comparison rate¹ 4.67% p.a.
$750,000 and above	Interest rate 4.22% p.a.	Comparison rate¹ 4.62% p.a.

Choice Package - Interest Only
NAB Choice Package – Interest Only – Residential Investment	Interest rate	Comparison rate¹
Less than $250,000	Interest rate 4.82% p.a.	Comparison rate¹ 5.00% p.a.
$250,000 to $749,999	Interest rate 4.57% p.a.	Comparison rate¹ 4.75% p.a.
$750,000 and above	Interest rate 4.52% p.a.	Comparison rate¹ 4.70% p.a.