NAB Portfolio Facility Line of Credit

Rates and Fees verified correct on October 25th, 2016

With a NAB Portfolio Facility you can access the equity in your home with a flexible, full-featured loan

The NAB Portfolio Facility allows you to use the equity in your property to reduce your current debts or invest in other assets without the need to re-apply for credit.

You'll be offered a single spending limit for all your borrowings, and you don't need to reapply unless you want to increase your credit limit.

Interest Rate Max Insured LVR Max LVR
$1,000,000 and above
4.91% p.a.
Comparison Rate
90% 90%
$250,000 to $499,999
5.11% p.a.
Comparison Rate
90% 80%
$500,000 to $999,999
5.01% p.a.
Comparison Rate
90% 90%
Product NameNAB Portfolio Facility (LOC)
Interest Rate TypeVariable
Comp Rate^ (p.a.)
Minimum Loan Amount$250,000
Maximum Loan Amount$10,000,000
Maximum Loan Term40 years
Maximum LVR80%
Maximum Insured LVR90%
Mortgage Offset AccountYes
Mortgage 100% OffsetYes
Loan Redraw FacilityNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Suitable for InvestmentYes
Extra RepaymentYes
Available as equity loan/line of creditYes
Repayment TypePrincipal & Interest and Interest Only Options

Application Fee$0
Lender's Legal Fee$0
Valuation Fee$0
Ongoing Fees$550 p.a.
Settlement Fee$0
Discharge Fee$150


  • Pay $0 application fee and you can extend your home loan term up to 40 years.
  • Create sub-accounts to separate personal from business or investment components.


  • There is a $550 annual fee.
  • A discharge fee of $150 applies when you close your home loan account.

Features and benefits of the NAB Portfolio Facility Line of Credit

The NAB Portfolio Facility is a Line of Credit (LoC) that could suit you if you are looking for flexibility in your loan.

  • Single line of credit. You'll get a single line of credit for all your borrowings, including both home and investments.
  • Borrowing conditions. The NAB Portfolio Facility (LoC) allows you to borrow between $250,000 and $10,000,000. You will be able to borrow 80% of the value of the property without lenders mortgage insurance (LMI) and up to 90% with LMI.
  • 100% offset account available. The NAB Portfolio Facility (LoC) allows you to link an offset account on variable rate sub-accounts.
  • Split facility. The NAB Portfolio Facility (LoC) loan will allow you to split your loan to take advantage of all the features of the other loans.
  • Sub-accounts. By using linked sub-accounts, you can organise your finances into borrowing, transactions and savings. You can have up to 12 sub-accounts with a choice between fixed or variable. At least one sub-account must have a variable rate.
  • Multiple packages. You can choose to have multiple Portfolio Facility packages. For example, you can keep your personal borrowings separate from your family borrowings.
  • 24/7 access to your funds. You'll get 24-hour access to your funds through NAB Internet Banking, ATMs and phone banking.
  • Joint borrowers. Each account holder can set up their own sub-account in their own name, making it easy to maintain records when it comes to tax time. Restrictions apply if you want to link a 100% offset account.

Fees and charges

  • Application fees, $0. There are no application fees for the NAB Portfolio Facility.
  • Monthly service fees, $0. Likewise, there are no monthly, ongoing fees for this facility.
  • Annual package fee, $550. This annual fee covers the cost of maintaining your facility.

Know how much you want to borrow? Use our calculator to find out what your repayments might be

How to apply for the NAB Portfolio Facility

If you'd like to find out more, please click on the go to site button. You'll be taken to NAB's enquiry page. You can use this form to do the following:

  • Organise an appointment to speak to a NAB home loan specialist
  • Ask for a call back to discuss your home loan needs at a time that suits you
  • Start the home loan or refinancing process with NAB

Information to have handy

To get started, you'll be asked to provide a few details:

  • The type of loan you need
  • When you need your loan
  • The amount you'd like to borrow
  • Personal and contact details
  • Any other comments you'd like to add

NAB Portfolio Facility Line of Credit Interest Rate History vs RBA Cash Rate Graph

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This page was last modified on 14 October 2016 at 11:13.

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2 Responses to NAB Portfolio Facility Line of Credit

  1. Default Gravatar
    Erlinda | December 22, 2015

    Can I switch my home loan to line of credit home loan.just wandering.

    • Staff
      Jodie | December 23, 2015

      Hi Erlinda,

      Thank you for contacting a financial comparison website and general information service.

      We cannot offer you specialised advice however generally speaking there would be no restrictions on changing your current home loan to a line of credit home loan as this would be handled as though you were refinancing and, therefore, there are fees and charges that might come into play that you would need to consider. You may be best to speak to a mortgage broker or you lender directly to discuss your options.


NAB Portfolio Facility (LOC)

  • Interest Rate


  • Comparison Rate


  • App Fee / Annual Service Fee

    $0 / $550

  • Max LVR


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