The two home loans in question are for NAB's 'Base Variable Rate' offering, paying both principal and interest (P&I) and interest-only (IO).

  • Investment Base Variable Rate P&I 80%: 5 basis point cut to 3.09% p.a. (3.09% p.a. comparison rate*)
  • Investment Base Variable Rate IO 80%: 11 basis point cut to 3.29% p.a. (3.71% p.a. comparison rate*)

Borrowers must have an LVR of no more than 80%, meaning they must have a minimum deposit of 20%.

These special offer rates represent up to a 182 basis point discount off the standard rate, and are available to new borrowers only, including refinancing.

Note that as it's a 'special offer', the offer can be withdrawn at any time by NAB.

Buying an investment property or looking to refinance? The table below features home loans with some of the lowest interest rates on the market for investors.

Update resultsUpdate
Filters
LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees LVR Lump Sum Repayment Additional Repayments Split Loan Option TagsFeaturesLinkCompare
6.19% p.a.
6.58% p.a.
$2,589
Principal & Interest
Variable
$0
$530
90%
 Featured 90% LVR
  • You MUST already have Solar or a documented plan to install within 90 days to be eligible for this loan
  • Available for refinance or purchase
  • No monthly, annual or ongoing fees
6.29% p.a.
6.20% p.a.
$2,473
Principal & Interest
Variable
$0
$0
80%
 Featured Apply In Minutes
  • A low-rate variable investment home loan from a 100% online lender. Backed by the Commonwealth Bank.
6.34% p.a.
6.36% p.a.
$2,486
Principal & Interest
Variable
$0
$350
60%
  • $0 application fee
  • Fast turnaround times
  • Estimate your borrowing power in as little as 1 minute
Important Information and Comparison Rate Warning

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of . View disclaimer.

BankVic, Athena also cut

On Monday, BankVic cut fixed investor home loans by between 29 and 39 basis points, with terms from one to five years. Some key cuts were:

  • Investor Fixed 4 Years: 39 basis point cut to 2.95% p.a. (4.11% p.a. comparison rate*)
  • Investor Fixed 2 Years: 29 basis point cut to 2.85% p.a. (4.35% p.a. comparison rate*)

Meanwhile, at the same time as introducing a tiered interest rate system, Athena also cut interest rates on a few products. 

  • Celebrate Investor P&I 60%: 20 basis point cut to 2.79% p.a. (2.79% p.a. comparison rate*)
  • Celebrate Owner Occupier P&I 60%: 20 basis point cut to 2.39% p.a. (2.39% p.a. comparison rate*)

This rate is for borrowers with a 40% deposit or greater now i.e. refinancers, and is also part of the 'Athena Accelerates' tiered system effective 30 September.

A couple of interest-only products were also cut by 5 basis points.

You can see how Athena compares in the variable, owner-occupier (paying P&I) space in the table below.

Update resultsUpdate
Filters
LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees LVR Lump Sum Repayment Additional Repayments Split Loan Option TagsFeaturesLinkCompare
6.04% p.a.
6.06% p.a.
$2,408
Principal & Interest
Variable
$0
$530
70%
 Featured Online ExclusiveUp To $4K Cashback
  • Immediate cashback upon settlement
  • $2,000 for loans up to $700,000
  • $4,000 for loans over $700,000
5.99% p.a.
5.90% p.a.
$2,396
Principal & Interest
Variable
$0
$0
80%
 Featured Apply In Minutes
  • No application or ongoing fees. Annual rate discount
  • Unlimited redraws & additional repayments. LVR <80%
  • A low-rate variable home loan from a 100% online lender. Backed by the Commonwealth Bank.
6.14% p.a.
6.16% p.a.
$2,434
Principal & Interest
Variable
$0
$250
60%
 Featured Unlimited Redraws
  • No annual fees - None!
  • Get fast pre-approval
  • Unlimited additional repayments free of charge
  • Redraw freely - Access your additional payments when you need them
  • Home loan specialists available today
Important Information and Comparison Rate Warning

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of . View disclaimer.



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