What you need to know about this loan:
- Loan Amounts Offered: From AUD 5,000 up to over AUD 850,000 (depending on product and eligibility).
- Loan Terms (monthly): Up to 30 years with options for principal & interest or interest-only repayments.
- Payment methods: Weekly, fortnightly, or monthly.
- Interest rate: Fixed rate from 5.19% p.a. (comparison 6.16% p.a.) or basic variable at 5.94% p.a. (comparison 5.98% p.a.).
Pros
- Competitive Rate Options: Choose between fixed and variable rates.
- Offset Accounts: Up to 10 linked accounts available.
- Flexible Repayment Schedules: Tailored to suit your budget.
- Fast Online Approvals: With expert support.
- Zero Application Fee: On selected home loan products.
Cons
- Monthly Service Fee: AUD 8 may apply.
- Interest-Only Terms: Limited and subject to eligibility.
Why Choose NAB for Your Loan?
Compared to Commonwealth Bank Variable Loan, NAB offers a lower fixed 2-year starting rate at 5.19% vs. 5.59%.
Against Westpac Flexi First Option, NAB allows up to 10 offset accounts, while Westpac limits to fewer.
Relative to ANZ Simplicity Plus, NAB provides faster approval processes for quicker property access.
When compared with BOQ Home Loan, NAB includes a broader choice of fixed and variable packages.
Finally, versus Macquarie Home Loan, NAB offers more physical branch access across Australia.
How to Apply for Your NAB Home Loan
Take the next step today. With quick online applications and fast approvals, NAB makes it easy to secure your dream home. Apply now and move forward with confidence.