Rate & fees

This variable rate applies to eligible owner occupier home loans when making principal and interest repayments. For more information on comparison rates1 and the fees and charges that can apply please refer to our important information below.

  • 4.92 %p.a.

    variable rate

  • 5.05 %p.a.

    comparison rate1

  • $8

    monthly service fee

  • $0

    redraw fee

  • $600

    application fee

Features and benefits

100% interest offset account

Make every dollar count and save on interest with a 100% interest offset arrangement for variable rate home loans.

Can be used as a construction loan

The loan can be used to let you make progressive payments to your builder. It includes interest-only repayment options with terms of one or two years.

Variable, fixed or split

Set up your home loan to suit your life. You can have a variable interest rate, a fixed interest rate, or get the best of both worlds and have a mix of fixed and variable rates.

Easy access to your money

If you’re at least one full repayment ahead, you can redraw $500 or more with no fees if you have a variable rate home loan.2 It’s simple to redraw using NAB Internet Banking.

Pay off your mortgage sooner

Get ahead faster with no fees for making extra repayments on variable rate loans. Make additional repayments up to a total of $20,000 on fixed rate loans and save interest on your mortgage.

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 discounts

Bundle your NAB Tailored Home loan with a NAB Choice Package (annual package fee of $395) and enjoy extra discounts and benefits including3:

  • $600 home loan application fee waived
  • Enjoy a NAB credit card of your choice with no annual fee
  • Get up to 0.9% p.a. off the variable rate on a NAB Tailored Home Loan or a NAB Flexiplus Mortgage Facility for borrowings over $750,000.

Find out more

Variable home loan interest rates


Tailored Home Loan
NAB Tailored Home Loan Interest rate Comparison rate1
Principal & Interest Interest rate 4.92% p.a. Comparison rate1 5.05% p.a. View disclaimer 1
Interest Only4 Interest rate 5.49% p.a. Comparison rate1 5.27% p.a.

Fixed home loan interest rates


Nab tailored home loan principal & interest
NAB Tailored Home Loan – Principal & Interest Interest rate Comparison rate1
1 year Interest rate 3.59% p.a. Comparison rate1 4.92% p.a.
2 year Interest rate 3.29% p.a. Comparison rate1 4.75% p.a.
3 year Interest rate 3.39% p.a. Comparison rate1 4.64% p.a.
4 year Interest rate 3.69% p.a. Comparison rate1 4.63% p.a.
5 year Interest rate 3.69% p.a. Comparison rate1 4.54% p.a.
NAB Tailored Home Loan - Interest in Arrears
NAB Tailored Home Loan – Interest Only in Arrears4 Interest rate Comparison rate1
1 year Interest rate 4.09% p.a. Comparison rate1 5.15% p.a.
2 year Interest rate 3.89% p.a. Comparison rate1 4.99% p.a.
3 year Interest rate 3.89% p.a. Comparison rate1 4.86% p.a.
4 year Interest rate 4.19% p.a. Comparison rate1 4.84% p.a.
5 year Interest rate 4.19% p.a. Comparison rate1 4.75% p.a.
NAB Tailored Home Loan - Interest only in advance - share investment
NAB Tailored Home Loan – Interest Only in Advance – Share investment4 Interest rate Comparison rate1
1 year Interest rate 3.99% p.a. Comparison rate1 5.15% p.a.
2 year Interest rate 3.79% p.a. Comparison rate1 4.99% p.a.
3 year Interest rate 3.79% p.a. Comparison rate1 4.87% p.a.
4 year Interest rate 4.09% p.a. Comparison rate1 4.84% p.a.
5 year Interest rate 4.09% p.a. Comparison rate1 4.75% 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.

NAB Base Variable Rate Home Loan

Get into your home sooner with our simple, low-cost home loan.

We're ready to help you

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