NAB Defence Force Home Loan - Variable Interest rate

Discounted variable interest rate

Enjoy 0.80% p.a. off the advertised Variable Rate for Home Loans (Standard Variable Rate) when you choose an offset arrangement, and 1.0% p.a. off the SVR with the “no offset” option.

Maximum Loan to Value Ratio (LVR) up to 95%¹

Lenders' Mortgage Insurance (LMI) applies for LVR over 80%.

100% offset arrangement option

• Option to link your home loan to an eligible NAB transaction or deposit account.
• Reduce interest charges on your loan.

Unlimited additional repayments

Make extra repayments to pay your home loan off sooner and save interest.

Available if you’re building your home

• Lets you make progressive payments to builders and tradies. 
• Redraw and 100% offset arrangement isn’t available during the building period.

Redraw

• Redraw funds if ahead of scheduled repayments (subject to terms and conditions).
• Variable-rate periods only.
• Minimum redraw $500.

Flexible repayment options

Monthly, fortnightly or weekly.

Available as part of NAB Choice Package

Gives you benefits on certain products.

Interest rates

View NAB Defence Force Home Loan Interest Rates