As of 18 September 2026, the NAB NAB Defence Force Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.22% (6.09% advertised), ranking 22nd of 107 variable owner-occupier P&I loans and sitting 0.54 points below the market average of 6.76%. The product comes in 6 variants; the others are fixed-rate. Its rate last moved on 18 September 2026.
6.09% advertised · Variable · P&I · Owner-occupier
5 other variants: fixed-rate below.
Rate over time
Comparison rate · Variable · P&I · Owner-occupier- NAB Defence Force Home Loan · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
Changes
1 change since 12 Sept 2026- NAB Defence Force Home Loan · 5 variants up 0.02 to 0.07mixed
- 1yr Fixed · P&I · Owner-occupier 6.88 → 6.90
- 2yr Fixed · P&I · Owner-occupier 6.83 → 6.86
- 3yr Fixed · P&I · Owner-occupier 6.83 → 6.87
- 4yr Fixed · P&I · Owner-occupier 6.81 → 6.86
- 5yr Fixed · P&I · Owner-occupier 6.78 → 6.85
Rates by variant
Comparison rate · advertised rate- Variable · P&I · Owner-occupier
- 6.22% comparison · 6.09% advertised
- 1yr Fixed · P&I · Owner-occupier
- 6.90% comparison · 6.59% advertised
- 2yr Fixed · P&I · Owner-occupier
- 6.86% comparison · 6.49% advertised
- 3yr Fixed · P&I · Owner-occupier
- 6.87% comparison · 6.64% advertised
- 4yr Fixed · P&I · Owner-occupier
- 6.86% comparison · 6.64% advertised
- 5yr Fixed · P&I · Owner-occupier
- 6.85% comparison · 6.64% advertised
Fees
Headline variant- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $350
- Redraw fee
- None
Features
Headline variant- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
Eligibility
- Minimum loan
- $20,000
About this product
As one of the first Defence Home Ownership Assistance Scheme (DHOAS) approved home loan providers, we’re committed to serving those who serve. Whether you’re still in the Australian Defence Force (ADF) or transitioning out, NAB is there for you. ADF members are eligible to apply for a NAB Defence Force Home Loan provided they satisfy the requirements under the DHOAS.