NATIONAL AUSTRALIA BANKHome Loan
NAB Defence Force Home Loan
Offered by NATIONAL AUSTRALIA BANK
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Key Product Facts
Variable rate
6.29%
Fixed rate
6.94%
Comparison rate
7.12%
Product overview
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.
Is this product competitive?
There is no single rate or fee that determines whether a financial product is suitable or competitive for everyone. Consider the advertised rate, comparison rate, fees, term, product purpose and eligibility requirements together.
Advertised rate
6.29%
Comparison rate
7.12%
How much would $50,000 cost?
Example repayments based on borrowing $50,000 at the displayed primary rate over the product's available maximum term.
Example amount
$50,000
Estimated repayment
$973.40/ month
Example term
5 years
Illustration only: this calculation assumes a constant rate and regular monthly principal-and-interest repayments. It does not include all fees, charges, insurance or other costs, and the actual repayment offered by the provider may differ.
Estimated total repayments
$58,403.80
Estimated interest
$8,403.80
Key product details
- Category
- Home Loans
- Subcategory
- Home Loan
- Purpose
- OWNER_OCCUPIED
- Repayment type
- PRINCIPAL_AND_INTEREST