Variable rate Defence Force Home Loan features

Australian Defence Force members  can enjoy access to an offset account and flexible repayment options.

Discounted interest rate

Enjoy a minimum 1.98% p.a. off the advertised Variable Rate for home loans (Standard Variable Rate).

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 an offset account

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 an offset account.

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 and 100% offset arrangement aren’t available during the building period.

Additional features

  •  Choose a repayment frequency – weekly, fortnightly or monthly – that works for you.

Interest rates

View the variable interest rates for a NAB Defence Force Home Loan.

NAB Defence Force Home Loan variable interest rates.
  Interest rate Comparison rate
Principal and Interest
Interest rate
6.79% p.a.
Comparison rate
6.87% p.a.

Other loan options to consider

Learn about other home loans we have available for 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

  1. Log into either NAB Internet Banking or the NAB app.
  2. Tap on the message icon.
  3. 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)

13 78 79

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

All rates are effective Monday, 15 July 2024 and are subject to change at any time. To find out more, visit, 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