True Equity Home Loan
Do what you want
Have you been paying off your home loan for a while? You might have accumulated some equity! Why not use your equity to do what you want, including travelling, renovating or even investing in shares – read on to find out more!
Save Money
 | Competitive interest rate |
| Don’t pay interest on approved funds until you use them! |
| Additional funds available at-call |
| Benefit from a fee allowance of up to $40 per month! |
Save Time / Enjoy Convenience
| Have approved funds available that you can use when you want, for whatever you want |
| Free phone and internet banking |
| Direct salary crediting option |
Personal Service
| A mobile lender can visit you at your worksite |
The nuts and bolts of this home loan:
| The interest rate | |
|---|---|
| Interest rate | |
| Interest rate guaranteed | Interest rate will always be below the Big Four Bank’s Standard Variable Home Loan |
| Interest charges | Calculated daily, Charged monthly |
| About the loan's term | |
| Minimum amount | $25,000 |
| Maximum amount | 80% of the property value |
| Type of loan | Mortgage secured overdraft |
| Loan period | N/A |
| Minimum top-up | $50,000 |
| Features | |
| Transaction fee allowance | Yes – Maximum $40 per month. |
| First home owners part of deposit | N/A |
| Repayments | Monthly |
| Flexible repayment options | Payroll, cheque/cash, NAB deposit, transfer, or via Electronic funds transfer |
| Redraw facility | N/A |
| Offset account option available | N/A |
| Mobile lender available | Yes (in some areas) |
| Internet/phone banking | Free |
| Loan Fees | |
| Fees | View our Fees and Charges |
Apply
Learn More
Read the great benefits of our loans Review our FAQs to help you assess our loans Calculate future payments with our online loan calculator
Questions?
*Comparison rate based on $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rate schedule is available here. Loans: Terms and conditions, fees and charges available upon application. Fees and charges may apply. Interest rates are variable and subject to change without notice. Usual lending criteria applies.
