Understanding our interest rates
These rates are for eligible Australian Defence Force members looking to buy a home. For over 25 years, we have supported countless members of the Australian Defence Force with home loan expertise and discounted rates.
Variable interest rates
Enjoy a 100% offset arrangement and flexible repayments options with our variable rate home loans. View the variable interest rates for a NAB Defence Force Home Loan and a Choice Package.
NAB Defence Force Home Loan variable interest rates
| Interest rate | Comparison rate | |
|---|---|---|
| Principal and Interest |
Interest rate
6.79% p.a.
|
Comparison rate
6.87% p.a.
|
NAB Defence Force Home Loan Choice Package variable interest rates
Interest rate |
Comparison rate |
|
|---|---|---|
Principal and Interest |
Interest rate 6.79% p.a. |
Comparison rate 7.15% p.a. |
IMPORTANT: From 17 March 2023 the NAB Defence Force Home loan Choice Package is only available to Defence Force customers that have a current (and ongoing) NAB Defence Force Choice Package which was established before this date.
Fixed interest rates
View the fixed interest rates for a NAB Defence Force Home Loan and a Choice Package.
NAB Defence Force Home Loan fixed interest rates
| Interest rate | Comparison rate | |
|---|---|---|
| 1-year period |
Interest rate
6.29% p.a.
|
Comparison rate
6.82% p.a.
|
| 2-year period |
Interest rate
6.04% p.a.
|
Comparison rate
6.72% p.a.
|
| 3-year period |
Interest rate
5.89% p.a.
|
Comparison rate
6.62% p.a.
|
| 4-year period |
Interest rate
6.24% p.a.
|
Comparison rate
6.67% p.a.
|
| 5-year period |
Interest rate
6.29% p.a.
|
Comparison rate
6.65% p.a.
|
NAB Defence Force Home Loan Choice Package fixed interest rates
| Interest rate | Comparison rate | |
|---|---|---|
| 1-year period |
Interest rate
6.29% p.a.
|
Comparison rate
7.10% p.a.
|
| 2-year period |
Interest rate
6.04% p.a.
|
Comparison rate
7.00% p.a.
|
| 3-year period |
Interest rate
5.89% p.a.
|
Comparison rate
6.89% p.a.
|
| 4-year period |
Interest rate
6.24% p.a.
|
Comparison rate
6.94% p.a.
|
| 5-year period |
Interest rate
6.29% p.a.
|
Comparison rate
6.93% p.a.
|
IMPORTANT: From 17 March 2023 the NAB Defence Force Home loan Choice Package is only available to Defence Force customers that have a current (and ongoing) NAB Defence Force Choice Package which was established before this date.
Helpful guides and tools
If you’re looking to buy a new home, we have a variety of tools and calculators to help you get organised.
Buying your first home
There's a lot to consider, so here are some tips and tools to get you sorted.
Buying your next home
Thinking about buying a house or freeing up equity? We can help make it happen.
How much can I borrow?
Get an estimate of how much you can afford to borrow for your home.
Contact us for home loan related queries
This is how you can get in touch.
Start a conversation with a banker
- Log into either NAB Internet Banking or the NAB app.
- Tap on the message icon.
- Type ‘speak to a person’ in the conversation window.
Call us
Speak to a home loan expert about a new or existing home loan.
Monday to Friday, 8:00am to 7:00pm (AEST/AEDT)
Saturday to Sunday, 9:00am to 6:00pm (AEST/AEDT)
Book an appointment
Make an appointment to see us at your nearest branch, ask a mobile banker to come to you or ask us to call you back.
Terms and Conditions
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All rates are effective Monday, 16 December 2024 and are subject to change at any time. To find out more, visit nab.com.au, call into a NAB branch or call 13 13 12 for information on personal lending rates or 13 10 12 for information on business lending rates. Terms and conditions, fees and charges, and normal lending criteria apply. Full details of these and relevant terms and conditions are available on application. National Australia Bank Limited ABN 12 004 044 937