Variable rate Defence Force Home Loan features
Australian Defence Force members can enjoy access to up to 10 offset accounts and flexible repayment options.
Save money
Eligible Defence customers can access the same advertised rate currently available to customers with LVR of 60% or less, regardless of the size of their deposit.
Maximum loan-to-value ratio (LVR) up to 95%
Lenders' Mortgage Insurance (LMI) applies for LVR over 80%. You can borrow up to 95% of the property’s value when you make principal and interest repayments and live in the property.
Save with offset accounts
With the option to link your home loan to an eligible NAB transaction or deposit account, you could save on interest and reduce the term of your home loan by using offset accounts.
Make unlimited additional repayments
Pay off your loan sooner with the ability to make unlimited additional repayments.
Redraw available
Redraw funds if you’re ahead of scheduled repayments (subject to terms and conditions). Minimum redraw is $500 and is only available during variable-rate periods.
Construction approved
Make progressive payments to builders and tradies if you’re building your home. Redraw isn’t available during the building period.
Additional features
Interest rates
View the variable interest rates for a NAB Defence Force Home Loan.
| Interest rate | Comparison rate | |
|---|---|---|
| Principal and Interest |
Interest rate
6.29% p.a.
|
Comparison rate
6.38% p.a.
|
Other loan options to consider
Learn about other home loans we have available for Australian Defence Force 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.
All rates are effective Monday, 30 June 2025 and are subject to change at any time. To find out more, visit nab.com.au, call into a NAB branch or call 13 13 12 for information on personal lending rates or 13 10 12 for information on business lending rates. Terms and conditions, fees and charges, and normal lending criteria apply. Full details of these and relevant terms and conditions are available on application. National Australia Bank Limited ABN 12 004 044 937
Target Market Determinations for these products are available at nab.com.au/TMD.