NAB Base Variable Rate Home Loan - Principal and Interest

Variable Rate
3.69% p.a.
Comparison Rate*
3.73% p.a.
  • For a limited time the Application Fee of $600 for new home loans will be waived.

Key Features
Loan Type
Min Loan
Max Loan
Application Fee
Borrow upto
of property value
Ongoing fee
Redraw Facility
Offset Account

Loan Details

Loan Type Basic
Security Type ResidentialProperty
Availability Owner Occupiers
Repayment Options Principal & Interest
Repayment Frequency Weekly, Fortnightly, Monthly
Min Loan Term 0
Max Loan Term 30
Max Loan to Value Ration (LVR) 80%
Max LVR with Mortgage Insurance 95%
Min Loan Amount $20,000.00
Max Loan Amount $10,000,000.00
Interest Rate Notes


Extra Repayments
Loan is Transferable (Portable)
Transfer Fee $0.00
Mortgage Offset Available
Mortgage Offset 100%
Mortgage Offset Rate 0%
Redraw Available
Min Redraw Amount $2,000.00
Max Redraw Amount -
Redraw Fee $0.00
Redraw Notice Period Same business day
Redraw Method
Redraw Notes & Comments

Split Account

Split Available
Max No. of Accounts for Split n/a
Separate Statements for Split
Statement Frequency 0
Fixed Option
Fee for Fixing $0.00


Application Fee $0.00
Legal Fee $0.00
Valuation Fee $0.00
Settlement Fee $350.00
Service Fee $0.00
Exit Fee $350.00
Early Termination Fee

Break Costs

General Fee Notes:

General Notes:

Discount Offer Terms and Conditions The Discount Offer (“the Offer”) is a discount of 1.42% p.a. off the advertised Base Variable Rate Home Loan - Principal and Interest home loan indicator rate. The Offer is an additional 0.48% p.a. discount off the current advertised rate, or 1.42% p.a. discount off the current indicator rate for NAB’s Base Variable Rate Home Loan – Principal and Interest I Owner Occupier product. The Offer is available on a new Base Variable Rate Home Loan - Principal and Interest home loan of $20,000 or more, for owner occupier borrowers only. The Offer is available from 16 March 2018 until withdrawn by NAB (“Offer Period”). To be eligible for the Offer, an application must be submitted during the Offer Period, approved, and drawn down within the time period set out in the applicant’s loan offer. Any eligible application received during the Offer Period but approved after the Offer Period ends will receive the Offer pricing discount. The Offer is available for new lending only. The Offer is not available for any, variation or change of loan purpose of any existing NAB home loan where a new application is not required, except existing NAB borrowers who apply for an increase in their NAB Base Variable Home Loan – Principal and Interest home loan of $20,000 or more. The Offer will permanently cease to apply to any otherwise eligible NAB Home Loan on the earlier of: • any change to loan purpose or repayment type; or • loan ceases to be a NAB Base Variable Rate Home Loan The Offer is not available in conjunction with any other discount offer that may apply to NAB Home Loans from time to time. Not available to company and trust account holders. Correct as at 26 March 2018 and subject to change. Terms and Conditions apply to all NAB products and are available on application. NAB lending criteria applies. Fees and Charges are payable. National Australia Bank Limited ABN12004044037 AFSL and Australian Credit Licence 230686 (NAB).

*The comparison rates in this table are based on a secured loan amount of $150,000 and a term of 25 years. WARNING: These comparison rates apply only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates are not calculated for revolving credit products.