NAB Base Variable Rate Home Loan
Get into your home sooner with our simple, low-cost home loan.
Category: Home Loans Last Updated January 31, 2020 Effective May 8, 2022
General Lending Rates
Rates listed below are for a VARIABLE Owner Occupied P&I product. Additional Information Owner occupier principal and interest
Interest Rate
3.45% PA
Comparison Rate
3.49%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
LVR 80% or less
- Lending Rate Type: Discount
- Interest Rate: 1.26%, Comparison Rate 2.23%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
LVR more than 80%
Minimum: 80.01 PERCENT Maximum: PERCENT
- Lending Rate Type: Discount
- Interest Rate: 0.46%, Comparison Rate 3.03%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
- Lending Rate Type: Variable
- Interest Rate: 4.02%, Comparison Rate 3.7%
- Repayment Type: Interest Only
- Loan Purpose: Owner Occupied
- Lending Rate Type: Variable
- Interest Rate: 3.97%, Comparison Rate 4.01%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
LVR 80% or less
- Lending Rate Type: Discount
- Interest Rate: 1.18%, Comparison Rate 2.83%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
LVR more than 80%
Minimum: 80.01 PERCENT Maximum: PERCENT
- Lending Rate Type: Discount
- Interest Rate: 0.63%, Comparison Rate 3.38%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
- Lending Rate Type: Variable
- Interest Rate: 4.35%, Comparison Rate 4.15%
- Repayment Type: Interest Only
- Loan Purpose: Investment
LVR 80% or less, interest only
- Lending Rate Type: Discount
- Interest Rate: 1.36%, Comparison Rate 3.63%
- Repayment Type: Interest Only
- Loan Purpose: Investment
Product Features
- Redraw Additional Information: 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.
- Digital Banking Additional Information: 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.
- Other Additional Information: Flexible repayments. Choose when you make your repayments - weekly, fortnightly or monthly.
Product Eligibility
- Residency Status - Australian Citizen Or Permanent Resident, Or New Zealand Citizen. Restrictions Apply If Residential Address Is An Overseas Addresss..
- Other Additional Information: Lending criteria apply.
Bank Fees and Charges
- Application Fee (Upfront), Amount: 600.00.
- Mortgage Discharge Fee (Event), Amount: 350.00.
- Production Of Documents (Event), Amount: 150.00.
- Company Name Search (Event), Amount: 40.00.
- Business Name Search (Event), Amount: 40.00.
Limitations & Restrictions (Constraints)
Document Downloads
