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NAB · Home loan · Variable

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NAB Base Variable Rate Home Loan

As of 18 September 2026, the NAB NAB Base Variable Rate Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.44% (6.44% advertised), ranking 54th of 107 variable owner-occupier P&I loans and sitting 0.32 points below the market average of 6.76%. The product comes in 4 variants; the others are investor and interest-only. Its rate last moved on 18 September 2026.

6.44%comparison rate p.a.

6.44% advertised · Variable · P&I · Owner-occupier

3 other variants: investor and interest-only below.

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Rate over time

Comparison rate · Variable · P&I · Owner-occupier
  • NAB Base Variable Rate Home Loan · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
4.005.006.007.00Today6.44% p.a. today

Changes

1 change since 12 Sept 2026
  1. NAB Base Variable Rate Home Loan · 2 variants cut 0.12 to 0.13
    • Variable · P&I · Investor 7.096.96
    • Variable · Interest Only · Investor 7.397.27
    mixed

Rates by variant

Comparison rate · advertised rate
Variable · P&I · Owner-occupier
6.44% comparison · 6.44% advertised
Variable · Interest Only · Owner-occupier
6.83% comparison · 7.34% advertised
Variable · P&I · Investor
6.96% comparison · 6.96% advertised
Variable · Interest Only · Investor
7.27% comparison · 7.67% advertised

Fees

Headline variant
Application fee
None
Ongoing fee
None
Discharge fee
$350
Redraw fee
None

Features

Headline variant
Offset account
No
Redraw
Yes
Extra repayments
Yes
Portable
No
Repayment holiday
No

About this product

Take advantage of our simple, low-rate home loan with no monthly or annual servicing fees.

Compare all home loans