Important changes to the NAB Defence Force Choice Package
Defence customers will no longer be able to apply for a new NAB Defence Force Choice Package from 17 March 2023 (the ‘off sale date’). Defence customers will also be unable to apply for a new home loan in a NAB Choice Package unless they have a NAB Choice Package before the off sale date (and the package remains ongoing).
Read more about the changes to the NAB Choice Package.
Benefits and features of this package
Australian Defence Force (ADF) members are eligible to apply for a NAB Defence Force Home Loan provided they satisfy the requirements under the Defence Home Ownership Assistance Scheme.
Discounted interest rate
Enjoy a discounted rate on your NAB Defence Force Choice Package Variable Rate Home Loan.
Receive fee benefits
Pay one annual package fee of $395 and no monthly home loan service fees.
No annual fee for eligible credit cards
You won’t pay any annual card fees on eligible NAB credit cards included in your package.
Access discounted insurance
Get discounted premiums on selected insurance products to protect your assets.
Easy access to your money
If you’re at least one full repayment ahead with a variable rate home loan, you can redraw $500 or more with no fees. It’s simple to redraw using NAB Internet Banking.
Flexible repayment options
Choose a repayment frequency that works for you – weekly, fortnightly or monthly.
Interest rates
View the interest rates for a fixed and variable rate home loan.
Variable interest rates
Variable rates for the NAB Defence Force Choice Package.
| Interest rate | Comparison rate | |
|---|---|---|
| Principal and Interest |
Interest rate
6.29% p.a.
|
Comparison rate
6.65% p.a.
|
Fixed interest rates
Fixed rates for the NAB Defence Force Choice Package.
| Interest rate | Comparison rate | |
|---|---|---|
| 1-year period |
Interest rate
5.54% p.a.
|
Comparison rate
6.58% p.a.
|
| 2-year period |
Interest rate
5.44% p.a.
|
Comparison rate
6.49% p.a.
|
| 3-year period |
Interest rate
5.39% p.a.
|
Comparison rate
6.40% p.a.
|
| 4-year period |
Interest rate
5.79% p.a.
|
Comparison rate
6.47% p.a.
|
| 5-year period |
Interest rate
5.79% p.a.
|
Comparison rate
6.44% p.a.
|
Details about the NAB Defence Force Choice Package offsale
The NAB Defence Force Choice Package Home loan is no longer available for sale from 17 March 2023 (the ‘off sale date’) for all customers, unless they have a current NAB Defence Force Choice Package which is established before the off sale date (and which remains ongoing).
If you have an existing NAB Defence Force Choice Package, you can continue to add new loans or other products to your NAB Defence Force Choice Package, provided it remains on-going after the applicable off-sale date. If you are applying for any new product to go into NAB Defence Force Choice Package with another applicant(s), all applicants must be linked to the package (e.g. a couple who already has a joint NAB Defence Force Choice Package held in both their names).
If you choose to remove NAB Defence Force Choice Package after the applicable offsale date, you will no longer be able to open a new NAB Defence Force Choice Package and will not be entitled to any package benefits.
If you don’t have an existing NAB Defence Force Choice Package before the relevant offsale date, you will not be able to open a new NAB Defence Force Choice Package on or after the offsale date.
Applications for NAB Defence Force Choice Package that are submitted prior to the relevant off-sale date will continue to be processed (subject to standard requirements and lending criteria).
Other loan options to consider
Learn about other home loans we have available for Australian Defence Force members.
NAB Defence Force Variable Rate Home Loan
Apply for a discounted variable interest rate with a NAB Defence Force Home Loan. Available to eligible ADF members.
NAB Defence Force Fixed Rate Home Loan
A fixed interest rate with features on our NAB Defence Force Home Loan, for eligible Australian Defence Force members.
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
Apologies but the Important Information section you are trying to view is not displaying properly at the moment. Please refresh the page or try again later.
View our NAB Choice Package Terms and Conditions (PDF, 143KB).
Target Market Determinations for these products are available at nab.com.au/TMD.
Terms and conditions available on application. Except where stated, fees and charges may apply. Subject to normal lending criteria.
Information current at 21 July 2025, subject to change.