
Get exclusive money-saving offers and guides
Straight to your inbox
The NAB Base Variable Rate Home Loan offers low interest rate with useful features and minimal fees.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Review by
Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206) and a Tier 1 Generic Knowledge certification (RG 146).
This loan is available for owner-occupiers, investors and refinancers. It's a flexible variable rate loan with minimal fees that allows borrowers to make extra repayments. The loan also has a redraw facility.
If you believe the NAB Base Variable Rate Home Loan could be right for you click on the green button. This will redirect you to the NAB website where you can discuss your borrowing needs with a lending specialist.
January 6, 2019
Is it only 5% deposit on loans
January 7, 2019
Hi Diane,
Thank you for reaching out to finder.
Yes, you can borrow up to 95% of the property’s value with this product. In other words, this loan is available with a 5% deposit, however, a larger deposit is fine too. Is there anything else that I could assist you with? Hope this helps!
Cheers,
Reggie
November 6, 2018
hi my husband has own property before long time ago for his previous marriage , and we going to buy a house for living .and I am a first home buyer. the application is my name and the tittle .I’m qualified for apply a First home buyer.
Thanks,
November 8, 2018
Hi Belen,
Thank you for reaching out to finder.
Yes you are qualified to take out a first home buyer loan. You may want to click on this link to see a panel of lenders that you could compare and choose from. Hope this helps!
Cheers,
Reggie
August 15, 2018
Is this offer eligible for new customer discount
August 16, 2018
Hi Amanda,
Thank you for leaving a question.
Here is an excerpt from our page regarding NAB Home loans.
“NAB is offering a 1.42% p.a. discount off the current advertised indicator rate on its Base Variable Rate principal and interest loan for new owner-occupier customers borrowing $20,000 or more. This is a limited time offer. Other conditions may apply.”
You may want to check this out as this is a limited time offer.
Cheers,
Reggie
April 30, 2018
Thanks Jeni
April 29, 2018
Hi,
I want to buy my first home in Victoria. I have been a NAB Customer for two years now. I have a PR and been working in the same job for 1 yr and 9 mos.
I have a running car loan of 750 p.w. Would I be eligible for a 95% LVR to buy my first home?
Thanks.
April 29, 2018
Hi Sam,
Thank you for getting in touch with Finder.
You can borrow up to 95% of the property value with many NAB mortgages including the NAB Base Variable Rate Home Loan above. You can go to our list of NAB mortgages if you’d like to compare this loan to other NAB home loan offers. You can use our comparison table to see a side-by-side comparison.
Once you have chosen a particular loan product, you may then head to NAB’s official website to discuss your eligibility and proceed with the application. While each NAB product has specific eligibility criteria, some will apply to all products:
So before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
If you would like to check other providers, see our comparison table with a list of home loans with 95% LVRs.
I hope this helps.
Have a great day!
Cheers,
Jeni