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NRMA Insurance

NRMA Offset Home Loan

For customers who want flexibility to pay down their loan sooner and access additional features such as offset accounts.

Home loansBank updated 23 Sept 2026
Product page ↗Fees & pricing ↗
At a glance
Variable (owner occ. P&I)
5.94% · 6.14% comparison
Variable (investor P&I)
6.32%
Fixed
1 yr 6.49% · 2 yrs 6.54% · 3 yrs 6.49% · 4 yrs 6.54% · 5 yrs 6.54%
Max LVR
95%
Annual fee
$180
Features
offset, redraw, extra repayments
§ 01 — Rates · 66
TypeApplies toTermBandRateComparisonConditions
FixedInvestment · Interest only1 yr fixed≤80% LVR6.74%6.67%—
FixedInvestment · Interest only1 yr fixed80–90% LVR6.94%6.91%—
FixedInvestment · Interest only2 yrs fixed≤80% LVR6.79%6.70%—
FixedInvestment · Interest only2 yrs fixed80–90% LVR6.99%6.94%—
FixedInvestment · Interest only3 yrs fixed≤80% LVR6.74%6.72%—
FixedInvestment · Interest only3 yrs fixed80–90% LVR6.94%6.95%—
FixedInvestment · Interest only4 yrs fixed≤80% LVR6.79%6.76%—
FixedInvestment · Interest only4 yrs fixed80–90% LVR6.99%6.99%—
FixedInvestment · Interest only5 yrs fixed≤80% LVR6.79%6.78%—
FixedInvestment · Interest only5 yrs fixed80–90% LVR6.99%7.01%—
FixedInvestment · P&I1 yr fixed≤80% LVR6.64%6.66%—
FixedInvestment · P&I1 yr fixed80–90% LVR6.84%6.91%—
FixedInvestment · P&I2 yrs fixed≤80% LVR6.69%6.69%—
FixedInvestment · P&I2 yrs fixed80–90% LVR6.89%6.93%—
FixedInvestment · P&I3 yrs fixed≤80% LVR6.64%6.70%—
FixedInvestment · P&I3 yrs fixed80–90% LVR6.84%6.93%—
FixedInvestment · P&I4 yrs fixed≤80% LVR6.69%6.73%—
FixedInvestment · P&I4 yrs fixed80–90% LVR6.89%6.96%—
FixedInvestment · P&I5 yrs fixed≤80% LVR6.69%6.75%—
FixedInvestment · P&I5 yrs fixed80–90% LVR6.89%6.98%—
FixedOwner occupied · Interest only1 yr fixed≤80% LVR6.99%6.37%—
FixedOwner occupied · Interest only1 yr fixed80–90% LVR7.19%6.62%—
FixedOwner occupied · Interest only2 yrs fixed≤80% LVR7.04%6.47%—
FixedOwner occupied · Interest only2 yrs fixed80–90% LVR7.24%6.71%—
FixedOwner occupied · Interest only3 yrs fixed≤80% LVR6.99%6.53%—
FixedOwner occupied · Interest only3 yrs fixed80–90% LVR7.19%6.77%—
FixedOwner occupied · Interest only4 yrs fixed≤80% LVR7.04%6.62%—
FixedOwner occupied · Interest only4 yrs fixed80–90% LVR7.24%6.85%—
FixedOwner occupied · Interest only5 yrs fixed≤80% LVR7.04%6.68%—
FixedOwner occupied · Interest only5 yrs fixed80–90% LVR7.24%6.91%—
FixedOwner occupied · P&I1 yr fixed≤80% LVR6.49%6.32%—
FixedOwner occupied · P&I1 yr fixed80–90% LVR6.69%6.57%—
FixedOwner occupied · P&I1 yr fixed90–95% LVR6.69%7.06%—
FixedOwner occupied · P&I2 yrs fixed≤80% LVR6.54%6.37%—
FixedOwner occupied · P&I2 yrs fixed80–90% LVR6.74%6.61%—
FixedOwner occupied · P&I2 yrs fixed90–95% LVR6.74%7.05%—
FixedOwner occupied · P&I3 yrs fixed≤80% LVR6.49%6.40%—
FixedOwner occupied · P&I3 yrs fixed80–90% LVR6.69%6.63%—
FixedOwner occupied · P&I3 yrs fixed90–95% LVR6.69%7.02%—
FixedOwner occupied · P&I4 yrs fixed≤80% LVR6.54%6.45%—
FixedOwner occupied · P&I4 yrs fixed80–90% LVR6.74%6.68%—
FixedLVR > 90%Owner occupied · P&I4 yrs fixed90–95% LVR6.74%7.03%—
FixedOwner occupied · P&I5 yrs fixed≤80% LVR6.54%6.49%—
FixedOwner occupied · P&I5 yrs fixed80–90% LVR6.74%6.71%—
FixedOwner occupied · P&I5 yrs fixed90–95% LVR6.74%7.02%—
VariableInvestment · Interest only—≤50% LVR6.67%6.66%—
VariableInvestment · Interest only—50–60% LVR6.69%6.68%—
VariableInvestment · Interest only—60–70% LVR6.74%6.73%—
VariableInvestment · Interest only—70–80% LVR6.79%6.78%—
VariableInvestment · Interest only—80–90% LVR7.04%7.03%—
VariableInvestment · P&I—≤50% LVR6.32%6.52%—
VariableInvestment · P&I—50–60% LVR6.34%6.54%—
VariableInvestment · P&I—60–70% LVR6.39%6.59%—
VariableInvestment · P&I—70–80% LVR6.44%6.64%—
VariableInvestment · P&I—80–90% LVR6.69%6.89%—
VariableOwner occupied · Interest only—≤50% LVR7.02%6.59%—
VariableOwner occupied · Interest only—50–60% LVR7.04%6.60%—
VariableOwner occupied · Interest only—60–70% LVR7.09%6.68%—
VariableOwner occupied · Interest only—70–80% LVR7.14%6.73%—
VariableOwner occupied · Interest only—80–90% LVR7.39%6.98%—
VariableOwner occupied · P&I—≤50% LVR5.94%6.14%—
VariableOwner occupied · P&I—50–60% LVR5.94%6.14%—
VariableOwner occupied · P&I—60–70% LVR6.03%6.23%—
VariableOwner occupied · P&I—70–80% LVR6.08%6.28%—
VariableOwner occupied · P&I—80–90% LVR6.33%6.53%—
VariableOwner occupied · P&I—90–95% LVR6.88%7.08%—
§ 02 — Fees · 13
FeeTypeAmountWhenNotes
Bank Cheque FeeEvent$10——
Default FeeEvent$35——
Duplicate FeeEvent$16.50——
Manual Redraw FeeEventNo fee—Payable each time we agree to a redraw request you make otherwise than through Bendigo e-banking
Online Redraw FeeEventNo fee——
Variation FeeEvent$250——
Discharge Administration FeeExit$350——
Break Cost FeeOther$0—Payable each time any of the following Break Events occur during a Fixed Rate Period: • at your request, we agree to change the Annual Percentage Rate under your Contract; • you repay your Loan Accou…
Monthly Service FeePeriodic$15Every 1 mo—
Application FeeUpfrontNo fee——
Establishment FeeUpfront$150——
Security Processing FeeUpfrontNo fee——
Settlement Service FeeUpfront$345.40——
§ 03 — Features
Offset accountRedrawExtra repayments
  • · Monthly repayments
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Amount $50,000 to no maximum
  • · Maximum LVR 95%
  • · Credit and Lending Criteria, Fees and Charges Apply
§ 05 — Compare
All home loans →Other NRMA Home Loans home loansEverything NRMA Home Loans publishes
§ 06 — Run the numbers

Put this product through a calculator

Repayment calculator

What a rate costs per month over the life of the loan.

Borrowing power

How much a bank will lend on your income and expenses.

Published by NRMA Home Loans under the Consumer Data Right, last changed by them on 23 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.