Understanding our interest rates

These rates are for eligible Australian Defence Force members looking to buy a home. For over 25 years, we have supported countless members of the Australian Defence Force with home loan expertise and discounted rates.

Variable interest rates

Enjoy a 100% offset arrangement and flexible repayments options with our variable rate home loans. View the variable interest rates for a NAB Defence Force Home Loan and a Choice Package. 

NAB Defence Force Home Loan variable interest rates

NAB Defence Force Home Loan variable interest rates
  Interest rate Comparison rate
Principal and Interest
Interest rate
7.57% p.a.
Comparison rate
7.65% p.a.

NAB Defence Force Home Loan Choice Package variable interest rates

NAB Defence Force Home Loan Choice Package variable interest rates
 

Interest rate

Comparison rate

Principal and Interest

Interest rate

7.57% p.a.

Comparison rate

7.92% p.a.

IMPORTANT: From 17 March 2023 the NAB Defence Force Home loan Choice Package is only available to Defence Force customers that have a current (and ongoing) NAB Defence Force Choice Package which was established before this date.

Fixed interest rates

View the fixed interest rates for a NAB Defence Force Home Loan and a Choice Package.

NAB Defence Force Home Loan fixed interest rates

NAB Defence Force Home Loan fixed interest rates
  Interest rate Comparison rate
1-year period
Interest rate
6.69% p.a.
Comparison rate
7.56% p.a.
2-year period
Interest rate
6.59% p.a.
Comparison rate
7.45% p.a.
3-year period
Interest rate
6.59% p.a.
Comparison rate
7.36% p.a.
4-year period
Interest rate
6.74% p.a.
Comparison rate
7.34% p.a.
5-year period
Interest rate
6.79% p.a.
Comparison rate
7.30% p.a.

NAB Defence Force Home Loan Choice Package fixed interest rates

NAB Defence Force Home Loan Choice Package fixed interest rates
  Interest rate Comparison rate
1-year period
Interest rate
6.69% p.a.
Comparison rate
7.82% p.a.
2-year period
Interest rate
6.59% p.a.
Comparison rate
7.72% p.a.
3-year period
Interest rate
6.59% p.a.
Comparison rate
7.63% p.a.
4-year period
Interest rate
6.74% p.a.
Comparison rate
7.60% p.a.
5-year period
Interest rate
6.79% p.a.
Comparison rate
7.57% p.a.

IMPORTANT: From 17 March 2023 the NAB Defence Force Home loan Choice Package is only available to Defence Force customers that have a current (and ongoing) NAB Defence Force Choice Package which was established before this date.

Helpful guides and tools

If you’re looking to buy a new home, we have a variety of tools and calculators to help you get organised. 

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

All rates are effective Monday, 4 December 2023 and are subject to change at any time. To find out more, visit nab.com.au, 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