NAB home loans

3.4
Based on 2,986 NAB home loan product reviews.
Fact Checked
Last updated

About NAB home loans

NAB is the third-largest lender in Australia, with a range of home loan options for home buyers, refinancers and property investors. Its three main options include the Base Variable Rate Home Loan, the Tailored Home Loan (variable with offset) and the Tailored Home Loan (fixed) with terms ranging from one to five years.

Last updated 4 April 2025 Important disclosures and comparison rate warning*
What are your home loan needs?
Loan purpose
Buying or Refinancing
  • Tailored Home Loan

    • Fixed rate
    • Owner occupier
    • Principal & Interest
    • 20% min deposit
    Interest rate
    5.84 % p.a.
    Fixed 3 years
    Comparison rate
    6.43 % p.a.
    Initial monthly repayment
    $2,947
    No Partner link
  • Tailored Home Loan

    • Fixed rate
    • Investor
    • Principal & Interest
    • 20% min deposit
    Interest rate
    5.99 % p.a.
    Fixed 2 years
    Comparison rate
    6.76 % p.a.
    Initial monthly repayment
    $2,995
    No Partner link
  • Base Variable Rate Home Loan

    • Owner occupier
    • Principal & Interest
    • 5% min deposit
    • Redraw available
    Interest rate
    6.19 % p.a.
    Variable
    Comparison rate
    6.25 % p.a.
    Initial monthly repayment
    $3,059
    No Partner link
  • Tailored Home Loan

    • Owner occupier
    • Principal & Interest
    • 30% min deposit
    • Offset available
    • Redraw available
    Interest rate
    6.54 % p.a.
    Variable
    Comparison rate
    6.63 % p.a.
    Initial monthly repayment
    $3,174
    No Partner link
  • Base Variable Rate Home Loan

    • Investor
    • Principal & Interest
    • 5% min deposit
    • Redraw available
    Interest rate
    6.71 % p.a.
    Variable
    Comparison rate
    6.75 % p.a.
    Initial monthly repayment
    $3,230
    No Partner link
  • Tailored Home Loan

    • Investor
    • Principal & Interest
    • 30% min deposit
    • Offset available
    • Redraw available
    Interest rate
    6.84 % p.a.
    Variable
    Comparison rate
    6.92 % p.a.
    Initial monthly repayment
    $3,273
    No Partner link

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NAB home loan ratings

Overall customer rating for NAB home loans

3.4
Based on 2,986 product reviews.

Customer reviews

Important disclosures

NAB products

NAB home loans: FAQs

What repayment options does NAB offer?

NAB’s home loans come with flexible repayment options, and you can choose to make your payments weekly, fortnightly or monthly. You can also choose between making principal and interest repayments or interest only repayments.

Does NAB offer repayment holidays?

A repayment holiday is when your lender temporarily pauses payments on your home loan when you are experiencing financial hardship. NAB does offer repayment holidays to eligible customers, so if you are experiencing financial difficulty, visit a branch or call NAB’s support .

How much money can I borrow from NAB?

NAB’s home loans come with a minimum loan amount of $20,000, with no maximum borrowing limit (subject to individual assessment).

Does NAB offer split home loans?

A split home loan is when you separate your loan into two portions – one part with a fixed interest rate and the other part with a variable interest rate.

NAB does offer split home loans, though there can’t be more than two borrowers on the loan to do so.

How long does NAB unconditional approval take?

Unconditional approval is when your lender has officially approved you for a home loan, with no further requirements needing to be met. It differs from home loan pre-approval, which is when the lender indicates how much it’s willing to let you borrow, under certain conditions. 

NAB has stated that customers applying for its home loans are receiving unconditional approval in two days or less on average. The bank says that in some cases, it can provide unconditional approval in less than an hour.

Does NAB offer a discount on lenders mortgage insurance?

NAB has a 5% discount called the Sustainable Home Discount Offer available to those who need to pay LMI.

To be eligible, you need to be applying for a NAB Base Variable Rate Home Loan or a NAB Tailored Home Loan, and the property you’re purchasing or refinancing must obtain either:

  • a Nationwide House Energy Rating System (NatHERS) assessment rating of 7-stars or greater, or
  • a Green Home Building Council of Australia (GBCA) Green Star Home accreditation.

For more information, visit NAB .

Home loan quick links


* WARNING: This comparison rate applies 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 cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

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