Compare home loans

Compare our home loans in the table below.

Select a product name for more detailed information about its features and benefits. The table below excludes Rural Lifestyle Home Loans and Choice Package benefits.

	NAB Base Variable Rate Home Loan	NAB Introductory Rate Home Loan -Variable or Fixed	NAB Tailored Home Loan - Variable Rate	NAB Tailored Home Loan - Fixed Rate	NAB Home Equity Line of Credit	NAB FlexiPlus Mortgage Facility	NAB Portfolio Facility	NAB Clear Banking Home Loan
Description	A simple easy-to-manage home loan with a low ongoing variable rate and no monthly fees.	12-month or 3 year discounted variable or fixed rate home or investment loan	Variable rate home or investment loan	Home or investment loan with initial fixed rate period	Competitive line of credit that you can access electronically	Flexible line of credit for home or investment purposes	Flexible line of credit with up to 12 variable or fixed rate linked sub-accounts7	A no frills variable rate home loan with no exit fees12.
Additional repayments	5	1,5	5	1,5	Unlimited deposits/repayments5	Unlimited deposits/repayments5	Unlimited deposits/repayments1
Redraw (minimum $2000)	2	3		3	Withdrawals any time over the phone, online, or at ATMs only, for any amount, up to facility limit	Withdrawals any time, for any amount, up to facility limit4	Withdrawals any time, for any amount, up to facility limit6
Repayment holiday					No principal repayments required unless facility/account limit is reached (or facility cancelled)	No principal repayments required unless facility/account limits are reached (or facility cancelled)	No principal repayments required unless facility limit reached (or facility cancelled)
Interest only payment option					See above. Interest charged monthly to nominated account	See above. Interest charged monthly to nominated account	See above. Interest charged monthly to nominated account
100% offset					Can deposit salary and other earnings to help reduce interest	Can deposit salary and other earnings to help reduce interest	100% balance offset via multiple credit accounts
Maximum loan size as % of property value	95%	95%	95%	95%	90%	90%	90%	95%
Suitable for self-employed ('Low Doc')
Can be used for building		8	9
Split loans					10
Available as part of Choice Package							Available as part of Portfolio Package
Application fee	$600	$600	$600	$600	$600	$600	$0	$600
Loan service fee or facility fee	Nil	$10 per month	$8 per month ($10 per month with 100% offset)	$8 per month	$15 per month11	$250 per annum	$550 per annum	Nil

Footnotes:
1. For Introductory Rate Home Loan (Fixed), NAB Tailored Home Loan (Fixed)  and Portfolio Facility fixed rate sub-accounts: A prepayment fee and economic costs may be payable if additional partial repayments are greater than $20,000 during the fixed rate period. A prepayment fee is payable for full repayment during the fixed rate period. Economic costs may also be payable.
2. A $50 fee is payable per redraw on a Base Variable Rate Home Loan.
3. Redraw is available at the end of the fixed rate period (i.e. when the rate becomes variable).
4. If the line of credit facility is attached to more than one account you can only withdraw up to the account limit on each account.
5. An Early Exit Fee is payable if the whole of the loan amount is repaid in full within four years from the settlement date. For NAB Introductory Rate Home Loan contracts issued prior to 23/10/06, the Early Exit Fee is payable if the whole of the loan amount is repaid within three years from the settlement date.
6. Not applicable to fixed rate sub-accounts.
7. At least 1 variable rate sub-account is required.
8. Only available with NAB Introductory Rate Home Loan - variable
9. Building conditions not available with 'Low Doc' loans. 100% Offset only available during 'building conditions' phase on principal and interest loans in NAB Choice Package. 100% Offset not available during the 'building conditions' phase for all other loans.
10. Cannot have 2 accounts under the one contract.
11. The service fee is not payable if, during the period from the last business day of the previous month and the second last day of the current month a) the unpaid balance of the account for each day is at least 80% of your facility limit, and b) you have not exceeded your facility limit and are not in default.
12. Government fees and charges apply.

Fees and charges are payable. Terms and conditions apply and are available on request from NAB.