Here’s everything you need to know about NAB home loan rates and packages for expats and overseas residents.

Getting NAB Home Loan has never been so comfortable

Fixed-Rate Home Loan

With NAB's fixed-rate home loan, borrowers can lock in their interest rates to protect themselves from a hike in rates.

NAB offers buyers from overseas certainty with a fixed-rate interest throughout the loan. Expats can access interest rates from 5.59% (1-year fixed) to 6.69% (5-year fixed).

You can get even better rates and features with a NAB Choice Package home loan.

*Note that interest rates apply on the day you draw your loan. Not at the time of application. Thus, they are subject to change.​

NAB Variable Home Loan

As a featured loan product, you will get a fully packaged home loan with an offset account and discount interest rates. Customers can save on establishment and ongoing loan maintenance fees with discounted interest rates on NAB variable home loans.

Basic variable rate home loans start at an interest rate of 6.45% for owner-occupied properties and 6.97% for investment properties.

Additionally, like fixed-rate home loans, you can get extra certainty and discounts when bundled with NAB Choice Package.

*Note that interest rates apply on the day you draw your loan. Not at the time of application. Thus, they are subject to change.​

NAB Choice Package

NAB's Choice Package is their most popular home loan product if you borrow more than $150,000. Gain extra benefits, such as discounted premiums on selected insurance products and margin loan interest rates.

You will need to pay a $395 annual package fee.

You can choose between a variable or fixed rate option. If you can’t decide between the two, you can split your home loan into variable and fixed portions.

Not sure if you want to choose a variable or fixed rate package? Speak to one of our brokers today.

Benefits of choosing NAB home loans

Here’s why NAB is popular among overseas borrowers and expats.

Pros Cons
Overseas residents can borrow with an LVR of 80%
Has the most challenging servicing assessment out of the big four Australian banks
Accepts most foreign currency income
Australian income tax rates applied to your foreign income when assessing borrowing capacity
Includes free offset accounts, redraw facility, split loans, top-ups, flexible repayments and repayment holidays
Usually restricts the maximum loan size, which can affect professional investors
Lending policy is strict for self-employed borrowers

Allow us to find you the perfect home loan.

Apply online to get expert recommendations with real interest rates and repayments.

NAB home loan review and features

As one of the big four banks in Australia, NAB provides some of the best options and features for expats and overseas borrowers.

Feature Details
Deposit Size
NAB accepts a deposit size of 20%
Offset Account
An offset account linked to your home loan can lower the loan interest.
Repayment Options
Flexible packages with weekly, fortnightly, or monthly repayment options.
Package Benefits
Borrowers can benefit from discounted premiums on selected insurance products and lower interest rates.
Interest Rates (Investment)
On fixed-rate home loans, 1-year fixed will have an interest rate of 5.69% and 5-year fixed will have an interest rate of 6.84%.
Expat Information
NAB has tried to serve the expat community with lower interest rates.

Facts about NAB home loans

NAB accepts most foreign currency income.

Unlike other lenders, you may be able to get a home loan with an 80% LVR.

Benefit from features like flexible repayments and repayment holidays.

How do I apply?

NAB requires you to meet select criteria to qualify for a home loan.

Who is eligible?

  • Australian citizens living nationally or abroad
  • Over the age of 18

What documents will I require?

You need to provide certain documents and information to be eligible.

Form of Identification​

Passport, driver's licence, birth certificate etc.

Statement of Income

Bank account statements showing three months of salary income.

Financial Position

Assets like shares and vehicles, liabilities such as credit card limits and living expenses.

Property Details

Mortgage and rental income statement.

Speak with one of our expert mortgage brokers today to find out if NAB is the best option.

Allow us to find you the perfect home loan.

Apply online to get expert recommendations with real interest rates and repayments.

Other Related Products

NAB Foreign Currency Account

A Foreign Currency Account package offers a transaction account for overseas residents who frequently make or receive payments in a foreign currency.

NAB Cash Maximiser Account

Open an online savings accounts to help you separate operating cash from any surplus, tax payment balances, or savings. This is useful for overseas residents looking to manage their cash flow.

Was our NAB expat home loan review helpful? Ask your questions or learn about the NAB refinance option by contacting us at

FAQs about NAB home loans

How do NAB mortgage rates work?

As an Australian expat, you can borrow up to 70% of the property value at NAB, and they may even allow you to borrow 80%. As an expat, you can still benefit from the same home loan products available to Australian residents.

Yes. If you’re ending the fixed loan term before it ends, you’ll need to pay what is known as a break cost. You can calculate break costs concerning your loan size, interest rate change, and how long was left on the fixed term.

After you’ve found your property and been pre-approved, NAB will need a contract of sale before the settlement process can commence. After this, the settlement timeframe at NAB is between 30 and 90 days.

See What You Qualify For