NAB Defence Force Home Loan
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.
Category: Home Loans Last Updated October 8, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a FIXED Owner Occupied P&I product. Additional Information 3 years fixed term
Interest Rate
5.89% PA
5.89% PA
Comparison Rate
6.62%PA*
6.62%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
1 year fixed term
Minimum: 12 MONTH Maximum: 12 MONTH
- Lending Rate Type: Fixed
- Interest Rate: 6.29%, Comparison Rate 6.82%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
2 years fixed term
Minimum: 24 MONTH Maximum: 24 MONTH
- Lending Rate Type: Fixed
- Interest Rate: 6.04%, Comparison Rate 6.72%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
3 years fixed term
Minimum: 36 MONTH Maximum: 36 MONTH
- Lending Rate Type: Fixed
- Interest Rate: 5.89%, Comparison Rate 6.62%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
4 years fixed term
Minimum: 48 MONTH Maximum: 48 MONTH
- Lending Rate Type: Fixed
- Interest Rate: 6.24%, Comparison Rate 6.67%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
5 years fixed term
Minimum: 60 MONTH Maximum: 60 MONTH
- Lending Rate Type: Fixed
- Interest Rate: 6.29%, Comparison Rate 6.65%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
Product Features
- Offset Additional Information: 100% offset arrangement option
- Redraw Additional Information: •Variable-rate periods only. •Minimum redraw $500.
- Other Additional Information: Construction lending available
- Other Additional Information: Ability to split your borrowing into a fixed rate loan and a variable rate loan.
Product Eligibility
- Natural Person
- Min Age - 18.
- Other Additional Information: Restricted to eligible Australian Defence Force members
- Residency Status - Australian Citizen Or Permanent Resident, Or New Zealand Citizen. Restrictions Apply If Residential Address Is An Overseas Addresss..
- Other Additional Information: Lending criteria apply.
Bank Fees and Charges
- Mortgage Discharge Fee (Event), Amount: 350.00.
- Production Of Documents (Event), Amount: 150.00.
- Company Name Search (Event), Amount: 40.00.
- Business Name Search (Event), Amount: 40.00.
- Rate Lock Fee (for Fixed Rate Home Loans) (Event), Amount: Not Listed..
Limitations & Restrictions (Constraints)
- Min Limit of 20000.00
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