Variable Rate & Fees

This line of credit variable rate applies to lending of $1 million and above. For more information on the fees and charges that can apply please refer to the important information section below.

  • 5.38 %p.a.

    variable rate

  • $0

    monthly service fee

  • $0

    application fee

  • $550

    annual package fee

Features and benefits

Convenient and cost-effective

Enjoy the simplicity of one facility and limit for an  annual package fee of $550. There are no application or monthly service fees.

All your borrowings in one place

A single lending limit for all your home and investment loans and no need to re-apply to access credit, unless you need to increase your credit limit.

Organise your money your way

Organise your borrowings to suit your needs and objectives, with up to 12 home loan sub accounts and a choice of fixed or variable rates.

Access money when you need it

Easily withdraw money up to your approved credit limit (provided the account doesn't have a fixed rate) using ATMs and internet banking.

Unlock your equity

Use the equity in your property to  borrow up to 80% of a property’s value , so you can start on your next project sooner.

Control from your pocket

Stay on top of your home loan through the NAB App. You can track your home loan progress, estimate your property equity and more.

Ready to get started?

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

Enjoy package discounts1

Combine your NAB Portfolio Facility with select other NAB products and you’ll get:

  • No annual credit card fees on up to 2 eligible NAB credit card accounts that you choose to include in your package2
  • ­­­NAB transaction fees and NAB ATM fees waived when you access a NAB Portfolio Facility sub account through an ATM in Australia or overseas.3
  • 10% discount off the standard premium when you renew or apply for a NAB Home or Car Insurance policy4.
  • 0.20% p.a. discount off the advertised variable and fixed National Margin Lending indicator rates5.

If you would like these benefits, then you’ll need to let us know when you apply.

Fixed home loan interest rates


NAB Portfolio Facility/NAB Private Portfolio - Interest only in Arrears
NAB Portfolio Facility – Interest Only in Arrears Interest rate
1 year Interest rate 3.94% p.a.
2 year Interest rate 3.84% p.a.
3 year Interest rate 3.84% p.a.
4 year Interest rate 4.04% p.a.
5 year Interest rate 4.04% p.a.
NAB Choice Package - interest only in advance share investment
NAB Portfolio Facility – Interest Only in Advance – Residential Investment Interest rate
1 year Interest rate 3.84% p.a.
2 year Interest rate 3.74% p.a.
3 year Interest rate 3.74% p.a.
4 year Interest rate 3.94% p.a.
5 year Interest rate 3.94% p.a.

Lines of credit

NAB Portfolio Facility / NAB Private Portfolio Facility Variable Rate
NAB Portfolio Facility – Variable Rate Interest rate
$250,000 to $499,999 Interest rate 5.58% p.a.
$500,000 to $999,999 Interest rate 5.48% p.a.
$1,000,000 and above Interest rate 5.38% p.a.

Other options to consider

NAB Choice Package

Package your home loan and enjoy a range of benefits.

NAB Flexiplus mortgage facility

Unlock equity you’ve built in your home and access money whenever you need it with a flexible line of credit.

Home and contents insurance

Protect your house and the things inside that make it a home.

Important information about the insurance

Allianz Australia Insurance Limited (ABN 15 000 122 850 AFSL 234708) (Allianz) is the insurer and issuer of this insurance. Allianz has entered into a distribution arrangement with National Australia Bank Limited (ABN 12 004 044 937) (NAB). Under this arrangement, NAB is authorised to arrange for the issue of this insurance by Allianz as its agent, not yours. All other services provided by NAB in relation to this insurance are not provided on behalf of Allianz. Neither NAB, nor any of its related bodies corporate, accept liability or guarantee payment of any claim or benefit in respect of this insurance. A policy does not represent a deposit with, or a liability of, nor is guaranteed by either NAB or any of its related bodies corporate.

NAB is paid commission if Allianz issue you with this insurance (including renewals and variations) and may be entitled to a profit share or marketing allowance if certain thresholds are met in agreed periods regarding this and other types of insurance policies entered into under NAB’s arrangement with Allianz. Details are provided in the NAB (AFSL 230686) Financial Services Guide, available in branch, by calling 13 29 28 or at nab.com.au/insurance.

Any advice contained is general only and does not take into account your particular objectives, financial situation or needs (personal circumstances). You may wish to make this assessment yourself or seek the help of an adviser.

As a result, you should consider whether any such advice and the insurance product are suitable for your personal circumstances. Please consult the Policy Document and Product Disclosure Statement (PDS) relating to the product available in branch, by calling 13 29 28 or at nab.com.au/insurance before making any decision about whether to acquire or continue to hold the product. Information about insurance coverage is a summary only and you should read the PDS for full terms, conditions, limits and exclusions that apply. Insurance is subject to eligibility.

Other important information

1 Portfolio Package

The Portfolio Package is provided as part of the NAB Portfolio Facility.

If you have a Portfolio Package, for an annual fee of $550 you will get Portfolio Package benefits relating to certain products and services (including those set out in the remainder of this important information section):

  • while you have a NAB Portfolio Facility; and
  • if you’ve asked us specifically to include the product or service with the benefit in your package:
    • when you applied for it; or
    • after you apply for it, provided there is no exception set out below to adding an existing product or service to your package.

2 Eligible credit cards include all NAB personal credit cards except for the NAB Low Rate Premium card. Your packaged card can’t be in the name of a company and can’t be a business card. Read more important information about our credit cards here.

3 Transaction/ATM fee waivers

There are no NAB fees when you access a NAB Portfolio Facility sub account through a NAB ATM or non NAB ATM in Australia. (Other ATM owners within Australia may directly charge you a fee at the time of the transaction when you use a non NAB ATM.)

In addition, there are no NAB transaction fees if you access your NAB Portfolio Facility sub accounts through:

  • overseas ATMs (overseas operators may charge you to use their ATMs);
  • electronic funds transfer point of sale machines;
  • direct debit;
  • BPAY®
  • cheques from a cheque book linked to the sub account.

Read more important information about our transaction accounts here.

4 Insurance benefits

Home insurance benefit

A 10% discount off the standard premium when you renew an existing, or apply for one of the following home insurance policies and include it in your package:

  • NAB Home Insurance;
  • NAB Home Insurance Essentials; and
  • NAB Residential Investor Insurance

These benefits are not available in conjunction with any other special or discount offers applicable to these policies. Read more important information about these insurance products.

Car insurance benefit

A 10% discount off the standard premium when you renew an existing, or apply for a new NAB Car Insurance policy and include it in your package.

These benefits are not available in conjunction with any other special or discount offers applicable to these policies. Read more important information about this insurance product.

5 Margin Lending interest rate discount

If you include a NAB margin loan in your package, there is a 0.20% p.a. discount off the advertised National Margin Lending indicator rates (variable & fixed). This benefit is not available in conjunction with any other margin lending special offer or discount. The discount on a fixed rate margin lending facility is not available for a fixed rate period beginning before the facility is included in the package. Read more important information about our margin lending products.

NAB Portfolio Facility is not available to applicants who reside overseas (regardless of citizenship) and/or for applicants who require Foreign Investment Review Board (FIRB) approval to purchase residential property in Australia.

Information and rates are correct as at 28 June 2019 and are subject to change. Applications for credit are subject to NAB’s credit approval criteria. Terms and Conditions apply to all NAB products and are available on application. Fees and charges are payable. National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 (NAB).

® Registered to BPAY Pty Ltd. ABN 69 079 137 518

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