Get the Finder app 🥳

Track your credit score

Free

NAB Home Loans

Compare NAB home loan rates for October 2020.

Updated

Fact checked
NAB

We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder.

On this page you can find information about NAB home loans. Skip ahead to the full table of products or read more about the lender.

Compare NAB home loans

Data indicated here is updated regularly
$
years
Name Product Interest Rate (p.a.) Comp. Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
NAB Choice Package Fixed Rate Home Loan
2.19%
4.02%
$0
$395 p.a.
95%
$569.91
Low deposit home loan. Enjoy flexible repayment options while paying limited fees. $2,000 cashback for eligible refinancers.
NAB Choice Package Fixed Rate Home Loan
2.49%
4.55%
$0
$395 p.a.
90%
$593.01
Competitive, fixed investor rate with principal and interest repayments and package discounts. Available with a 10% deposit.
NAB Choice Package Fixed Rate Home Loan
2.29%
3.91%
$0
$395 p.a.
95%
$577.55
Unlock discounts on interest rates and other products with the Choice Package loan. Available with a 5% deposit.
loading

Compare up to 4 providers

NAB lender profile

  • NAB is one of Australia's largest lenders, with 30,000 staff serving over 9 million customers.
  • The bank has over 900 locations in Australia and New Zealand.
  • NAB has physical bank branches across the country and customer support online and via phone.

NAB mortgage features

NAB has multiple home loans for investors and owner occupiers, with fixed and variable rates, plus package options and line of credit loans.

FeatureDetails
Deposit sizeYou can borrow up to 90 or even 95% with many NAB mortgages.
Split rateMost NAB mortgages allow you to split your loan into fixed and variable portions.
Offset accountMost of NAB's lowest rate products don't have offset accounts attached.
RedrawMost NAB products have a redraw facility, including the NAB Choice Package Fixed Rate loan.

How do I apply for a NAB mortgage?

Clicking "Go to Site" on NAB's comparison table will start your application process and redirect you through to NAB's website.

Eligibility

Each NAB product have specific eligibility criteria but some will apply to all products. For example:

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with NAB you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

  • Identification documents. You will need identification such as a driver's license, passport or birth certificate.
  • Proof of income documents. Recent payslips can establish your income.
  • Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

Detailed guide to home loan applications and paperwork

Looking for more mortgage options?

More guides on Finder

Home Loan Offers

Important Information*
Logo for Westpac Flexi First Option Home Loan - Basic Variable Rate (Owner Occupier, P&I)
Westpac Flexi First Option Home Loan - Basic Variable Rate (Owner Occupier, P&I)

Up to $3,000 refinance cashback. A flexible and competitive variable rate loan. Eligible borrowers refinancing $250,000 or more can get $2,000 cashback per property plus a bonus $1,000 for their first application. Other conditions apply.

Logo for St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)
St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)

Up to $4,000 refinance cashback. A competitive variable rate loan from St.George. Refinancers borrowing $250,000 or more can get $4,000 cashback (Other terms, conditions and exclusions apply).

Logo for Athena Liberate Home Loan - 70% to 80% LVR Owner Occupier, P&I
Athena Liberate Home Loan - 70% to 80% LVR Owner Occupier, P&I

A competitive variable rate mortgage for owner occupiers $0 application and $0 ongoing fees. This interest rate falls over time as you pay off the loan.

Logo for UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupiers, Variable P&I Rate
UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupiers, Variable P&I Rate

Take advantage of a low-fee mortgage with a special interest rate of just 2.49% p.a. and a 2.49% p.a. comparison rate.

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

6 Responses

  1. Default Gravatar
    mattOctober 5, 2015

    Hi,
    Just wanting to know some more about the NAB rural home loan packages.
    I would like to buy a rural property as a weekender/hobby farm.
    If i can get some details as so far i have been unable to find on the NAB website.
    We have some savings and also plenty of equity in our residence.
    I trust that we can find out and secure the property which we are looking at.
    Thanks,
    Matt

    • Avatarfinder Customer Care
      MarcOctober 6, 2015Staff

      Hi Matt,
      thanks for the question.

      I was unable to find specific information relating to NAB’s range of rural home loans, but you might want to read our general rural home loans guide and contact an expert mortgage broker to find out what banks are offering loans for this purpose.

      I hope this helps,
      Marc.

  2. Default Gravatar
    ClareFebruary 5, 2014

    Hi,
    We have a NAB Portfolio facility which we set up to purchase our current home. We are considering selling another property we have (it is currently owned outright/we have clear title). If we “zero” the line of credit with NAB, can we obtain the title for our home? If we do this, can we then redraw on the line of credit to purchase something else/for everyday expenses?
    thanks

    • Avatarfinder Customer Care
      ShirleyFebruary 5, 2014Staff

      Hi Clare,

      Thanks for your comment.

      This should be possible with the NAB Portfolio Facility, but ultimately it’s up to NAB to decide. It’s best to contact them directly about this as they would be able to provide you with more personalised information.

      Cheers,
      Shirley

  3. Default Gravatar
    terryongJanuary 8, 2014

    Is Homeside and Homeplus part of national bank?

    • Avatarfinder Customer Care
      MarcJanuary 8, 2014Staff

      Hello Terryong,
      thanks for the question.

      Homeside is indeed part of the National Australia Bank (NAB). Homeplus is the name of one of the home loan products offered through Homeside.

      I hope this helps,
      Marc.

Go to site