The benefits of this home loan

Learn about the benefits of our basic variable home loan.
 

Save money on fees and interest

Pay off your loan sooner

  • No fees for making additional repayments on your home loan, so you can get ahead faster.

Easy access to your money

  • If you're at least one full repayment ahead, you can redraw $500 or more with no fees. It's simple to redraw using NAB Internet Banking.

Borrow up to 95%

  • You can borrow up to 95% of the property’s value when you make principal and interest repayments and live in the property.

Flexible repayments

  • Choose when you make your repayments - weekly, fortnightly or monthly.

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.

Offer
Featured offer rate

This offer is for new Owner occupierAn owner-occupier owns the home they live in which is used as their primary residence. They don’t rent out the home or use it for investment purposes. , principal and interest home loans where the customer takes a variable rate with offset NAB Tailored Home Loan and has a deposit of 30% or more of the property value (maximum permitted Loan to Value ratio of 70%).

Variable rate

7.57 % p.a.

Comparison rate

7.65 % p.a.

Application fee

$ 0

Monthly service fee

$ 8 monthly

For more information on comparison rates and the fees and charges that can apply, please refer to our important information below.

Benefits of a variable rate home loan

Make the most of your NAB home loan with these great features and benefits.

Save with an offset account

You could save thousands of dollars in interest and cut years off your home loan by using an offset account.

Flexible repayment options

Manage your repayment. Choose a frequency that works for you - weekly, fortnightly or monthly.

Split your loan

Get the best of both worlds by splitting your loan into variable and fixed portions.

Pay your mortgage off sooner

Get ahead faster with no fees for making extra repayments on variable rate loans.

Control from your pocket

Track your progress, make changes to your home loan and estimate your property equity with the NAB app.

Home of the most satisfied home loan customers of all major banks

First home buyers, upgraders, refinancers, renovators, investors and downsizers – we’ve got a range of loan options and will help you find the home loan that best suits your needs. Our home loan experts will be there every step of the way.

Ready to start your home buying journey?

Book an appointment with a home loan expert to discuss your options.

Interest rates

Have a look at our variable interest rates for the NAB Tailored Home Loan.

Select loan type

Owner occupier

Select repayment type

Principal and interest

NAB Tailored Home Loan - Principal and Interest - Owner Occupier

NAB Tailored Home Loan (Variable, Owner Occupier, Principal and Interest)
Loan to Value Ratio (LVR) Interest rate Comparison rate
60% or less 7.57% p.a. 7.65% p.a.
60.01% - 70% 7.57% p.a. 7.65% p.a.
70.01% - 80% 7.77% p.a. 7.85% p.a.
80.01% or more 7.77% p.a. 7.85% p.a.

Interest only

NAB Tailored Home Loan - Interest Only - Owner Occupier

NAB Tailored Home Loan (Variable, Owner Occupier, Interest Only)
Loan to Value Ratio (LVR) Interest rate Comparison rate
60% or less 8.04% p.a. 7.86% p.a.
60.01% - 70% 8.04% p.a. 7.86% p.a.
70.01% - 80% 8.24% p.a. 8.06% p.a.
80.01% or more 8.24% p.a. 8.06% p.a.

Residential investor

Select repayment type

Principal and interest

NAB Tailored Home Loan - Principal and Interest - Residential Investor

NAB Tailored Home Loan (Variable, Residential Investor, Principal and Interest)
Loan to Value Ratio (LVR) Interest rate Comparison rate
60% or less 8.17% p.a. 8.25% p.a.
60.01% - 70% 8.17% p.a. 8.25% p.a.
70.01% - 80% 8.37% p.a. 8.45% p.a.
80.01% or more 8.37% p.a. 8.45% p.a.

Interest only

NAB Tailored Home Loan - Interest only - Residential Investor

NAB Tailored Home Loan (Variable, Residential Investor, Interest Only)
Loan to Value Ratio (LVR) Interest rate Comparison rate
60% or less 8.37% p.a. 8.34% p.a.
60.01% - 70% 8.37% p.a. 8.34% p.a.
70.01% - 80% 8.57% p.a. 8.54% p.a.
80.01% or more 8.57% p.a. 8.54% p.a.

Other loan options to consider

Not what you're looking for? Learn about other home loans we have available.

Help and support

We’re here to help. Learn about the support services and help guides available to you.

Contact us for home loan related queries

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.

Customer Support Tool

Solve problems quickly online with our easy-to-follow guides. Simply select a topic and we’ll direct you to the information you need.

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

Terms and Conditions

Other Important Information

NAB’s Home loan products are 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 17 March 2023 and are subject to change.

Terms, conditions, fees, charges, eligibility criteria and lending criteria apply for all NAB products.

NAB’s home loan products are issued by National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 (NAB).

Personal Banking Fees - a guide to fees and charges (PDF, 177KB), opens in new window

Interest rates for home lending