Fixed interest rates across NAB's fixed home loan portfolio were increased by up to 51 basis points (0.51%).

This increase follows on from the previous increase of up to 30 basis points back in September. 

Across NAB's home loan portfolio, ‘Choice Package', 'Choice Package Investment' and 'Tailored' products for owner occupiers and investors were increased. 

Some of NAB's announced changes include:

  • Choice Package Tailored Fixed - P&I 3 Years 150k+: Now 2.79% (4.03% p.a. comparison rate*)
  • Choice Package Tailored Fixed - IO 3 Years 150k+: Now 3.89% (4.36% p.a. comparison rate*)
  • Investment Tailored Fixed - P&I 3 Years: Now 3.09% (4.71% p.a. comparison rate*)
  • Tailored Fixed - P&I 3 Years: Now 2.89% (4.23% p.a. comparison rate*)
  • Tailored Fixed - IO 3 Years: Now 3.99% (4.59% p.a. comparison rate*)

These increased rates apply to new lending with a maximum loan-to-value ratio of 95% for owner occupiers and 90% for investors.

This increase follows the release of NAB's Full Year Results for 2021, recording a statutory net profit of $6.56 billion, and comes a week after fellow big four banks CommBank and Westpac hiked their own offerings for fixed home loan interest rates. 


Buying a home or looking to refinance? The table below features home loans with some of the lowest interest rates on the market for owner occupiers.

Update resultsUpdate
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.
Principal & Interest
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.
Principal & Interest
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.
Principal & Interest
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.

Image by Phil Hearing via Unsplash.

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