The Finance Algorithm
NAB

NAB Base Variable Rate Home Loan

Take advantage of our simple, low-rate home loan with no monthly or annual servicing fees.

Home loansBank updated 17 Sept 2026
At a glance
Variable (owner occ. P&I)
6.44% · 6.44% comparison
Variable (investor P&I)
6.96%
Max LVR
95%
Features
redraw, extra repayments
§ 01 — Rates · 4
TypeApplies toTermBandRateComparisonConditions
VariableResidential investor interest only loansInvestment · Interest only7.67%7.27%Based on customer relationship
VariableResidential investor principal and interestInvestment · P&I6.96%6.96%Based on customer relationship
VariableOwner occupier interest only loansOwner occupied · Interest only7.34%6.83%Based on customer relationship
VariableOwner occupier principal and interestOwner occupied · P&I6.44%6.44%Based on customer relationship
§ 02 — Fees · 5
FeeTypeAmountWhenNotes
Business name searchEvent$40
Company name searchEvent$40
Mortgage Discharge FeeEvent$350
Production of documentsEvent$150
Application feeUpfrontNo feeApplication fee waiver
§ 03 — Features
RedrawExtra repaymentsDigital banking
  • · Flexible repayments. Choose when you make your repayments - weekly, fortnightly or monthly.
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Australian citizen or permanent resident, or New Zealand citizen. Restrictions apply if residential address is an overseas addresss.
  • · Maximum LVR 95%
  • · Opening balance $20,000
  • · Lending criteria apply.

Published by NATIONAL AUSTRALIA BANK under the Consumer Data Right, last changed by them on 17 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.