NAB Defence Force Home Loan
A principal and interest consumer home loan with a discounted rate and optional offset capability designed only for eligible current and former ADF members.
Category: Home Loans Last Updated January 31, 2020 Effective May 8, 2022
General Lending Rates
Rates listed below are for a FIXED Owner Occupied P&I product. Additional Information 1 year fixed
Interest Rate
2.99% PA
Comparison Rate
3.75%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..
OWNER_OCCUPIED, VARIABLE, 3.52%
- Lending Rate Type: Variable
- Interest Rate: 3.52%, Comparison Rate 3.62%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
OWNER_OCCUPIED, DISCOUNT, 1.13%
- Lending Rate Type: Discount
- Interest Rate: 1.13%, Comparison Rate 2.69%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
Less than $250,000
- Lending Rate Type: Bundle Discount Variable
- Interest Rate: %, Comparison Rate 4.13%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
$250,000 to 749,999
Minimum: $250000.00 Maximum: $749999.99
- Lending Rate Type: Bundle Discount Variable
- Interest Rate: 0.05%, Comparison Rate 4.08%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
$750,000 and above
Minimum: $750000.00 Maximum: $
- Lending Rate Type: Bundle Discount Variable
- Interest Rate: 0.1%, Comparison Rate 4.03%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
1 year fixed term
Minimum: 12 MONTH Maximum: 12 MONTH
- Lending Rate Type: Fixed
- Interest Rate: 2.99%, Comparison Rate 3.75%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
2 years fixed term
Minimum: 24 MONTH Maximum: 24 MONTH
- Lending Rate Type: Fixed
- Interest Rate: 3.99%, Comparison Rate 3.87%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
3 years fixed term
Minimum: 36 MONTH Maximum: 36 MONTH
- Lending Rate Type: Fixed
- Interest Rate: 4.49%, Comparison Rate 4.02%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
4 years fixed term
Minimum: 48 MONTH Maximum: 48 MONTH
- Lending Rate Type: Fixed
- Interest Rate: 4.79%, Comparison Rate 4.18%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
5 years fixed term
Minimum: 60 MONTH Maximum: 60 MONTH
- Lending Rate Type: Fixed
- Interest Rate: 4.99%, Comparison Rate 4.34%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
1 year fixed term Choice Package
Minimum: 12 MONTH Maximum: 12 MONTH
- Lending Rate Type: Bundle Discount Fixed
- Interest Rate: 2.99%, Comparison Rate 4.06%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
2 years fixed term Choice Package
Minimum: 24 MONTH Maximum: 24 MONTH
- Lending Rate Type: Bundle Discount Fixed
- Interest Rate: 3.99%, Comparison Rate 4.18%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
3 years fixed term Choice Package
Minimum: 36 MONTH Maximum: 36 MONTH
- Lending Rate Type: Bundle Discount Fixed
- Interest Rate: 4.49%, Comparison Rate 4.33%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
4 years fixed term Choice Package
Minimum: 48 MONTH Maximum: 48 MONTH
- Lending Rate Type: Bundle Discount Fixed
- Interest Rate: 4.79%, Comparison Rate 4.49%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
5 years fixed term Choice Package
Minimum: 60 MONTH Maximum: 60 MONTH
- Lending Rate Type: Bundle Discount Fixed
- Interest Rate: 4.99%, Comparison Rate 4.65%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
Product Features
- Offset Additional Information: 100% offset arrangement option
- Redraw Additional Information: •Variable-rate periods only.
•Minimum redraw $500.
- Other Additional Information: Construction lending available
- Other Additional Information: Ability to split your borrowing into a fixed rate loan and a variable rate loan.
Product Eligibility
- Other Additional Information: Restricted to eligible Australian Defence Force members
- 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
- Loan Service Fee (Periodic), Amount: 8.00.
- 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.
- Nab Choice Package (if Bundled With Choice Package) (Periodic), Amount: 395.00.
- Rate Lock Fee (for Fixed Rate Home Loans) (Event), Amount: Not Listed..
Limitations & Restrictions (Constraints)
Document Downloads
