Refinance with NRMA Home Loans and get $1,500.
Compare your current rate with NRMA Home Loans and see what switching could save you. Plus, My NRMA Rewards members receive a $1,500 Virtual Visa Gift Card when their new home loan settles.5
Why NRMA Home Loans?
Compare NRMA Home Loans
Basic Home Loan
Choose the Basic Home Loan for no ongoing fees and features to help you tailor your loan.
From:
Features
For a Basic Home Loan on an owner-occupied property with principal & interest repayments, and a loan-to-value ratio (LVR)4 of 50% or less.
Offset Home Loan
The Offset Home Loan, a home loan to suit changing needs, with 100% offset accounts available on variable and fixed loans.
From:
Features
For an Offset Home Loan on an owner-occupied property with principal & interest repayments, and a loan-to-value ratio (LVR)4 of 50% or less.
Basic Home Loan
Choose the Basic Home Loan for no ongoing fees and features to help you tailor your loan.
From:
Features
For a Basic Home Loan on an investment property with principal & interest repayments, and a loan-to-value ratio (LVR)4 of 50% or less.
Offset Home Loan
The Offset Home Loan, a home loan to suit changing needs, with 100% offset accounts available on variable and fixed loans.
From:
Features
For an Offset Home Loan on an investment property with principal & interest repayments, and a loan-to-value ratio (LVR)4 of 50% or less.
Applying for an NRMA Home Loan
Do I qualify for an NRMA Home Loan?
Here's what you need to get started with an NRMA Home Loan.
- The property must be located in a capital city or regional area.
- You must be an Australian citizen or permanent resident.
- You must have a minimum 20% deposit for a Basic Home Loan or a 10% deposit for an Offset Home Loan. Depending on whether you are purchasing or refinancing you will also need to consider other fees and charges that you will need to have the funds or equity to cover, such as government fees and charges, loan set up costs as well as loan exit costs if you are refinancing. If you borrow more than 80% of a property value, you may be required to take out Lenders Mortgage Insurance.
- You must have at least a 10% deposit, and be able to cover stamp duty and all other government charges.
- The application can be just for you or include a second applicant.
- You must be able to provide a form of ID for yourself and the second applicant if applicable.
- The security must be an established home, not land or off the plan.
About NRMA Home Loans
Bendigo and Adelaide Bank Limited (ABN 11 068 049 178, AFSL and Australian Credit Licence 237879) is the credit provider. Credit services are provided by Tiimely Pty Ltd (ABN 41 605 696 544, Australian Credit Licence 496431). Insurance Australia Limited trading as NRMA Insurance (ABN 11 000 016 722) is a member of AFCA and does not hold an Australian Credit Licence. IAL may receive a commission from Bendigo and pay a commission to Tiimely if your loan application is approved.
NRMA Home Loans is brought to you by Insurance Australia Limited ABN 11 000 016 722, trading as NRMA Insurance, which is a separate and independent company from National Roads and Motorists' Association Limited ABN 77 000 010 506, trading as NRMA. NRMA provides Membership, the My NRMA app and other services.
*Other fees and charges may be applicable and can be found on the Rates & Fees page.
1. All lending interest rates are subject to change. Rates are for new lending and may differ for existing customers. Other fees and charges may be applicable and can be found on the Rates & Fees page.
2. Important information about comparison rates: The comparison rates displayed are calculated for a loan of $150,000 over 25 years. If a comparison rate relates to a loan with a fixed interest rate, the comparison rate has been calculated on the basis that our current applicable variable rate will apply at the end of the fixed rate period. If a comparison rate relates to an interest only loan with a fixed rate, the comparison rate has been calculated on the basis that the interest only period is the same duration as the fixed rate period. If a comparison rate relates to an interest only loan with a variable interest rate, the comparison rate has been calculated on the basis that the interest only period is 5 years. WARNING: The 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 different comparison rates. Other fees and charges may be applicable and can be found on the Rates & Fees page. All interest rates are current and are subject to change without notice.
3. Terms and conditions, fees and charges apply. All information is subject to change without notice. Full details available on application. Lending criteria apply. The Offset Account is available on the Offset Home Loan only for both fixed and variable products and must be linked to an eligible Home Loan account. The Offset Account product can only be linked to one eligible Home Loan account at any one time. Linked offset facility must be in the name of the customer name/number. Insurance Australia Limited is a member of AFCA. If you have a complaint about the home loan or offset account please refer to www.nrma.com.au/home-loans/complaints. Other fees and charges may apply and can be found at the Rates & Fees page. This is general advice only and does not take into account your individual objectives, financial situation or needs (“your personal circumstances”). Before using this advice to decide whether the Offset Account product is right for you, please consider your personal circumstances and read the Offset Account Terms and Conditions to determine if this product is right for you. The Offset Account Terms and Conditions and Offset Account TMD are available from this website.
4. The LVR is inclusive of capitalised Lenders Mortgage Insurance (LMI). LVR is subject to LMI acceptability, location, and loan purpose.
5. My NRMA Rewards member are eligible for a $1,500 Virtual Visa Gift Card when their NRMA Home Loan settles. Settlement must occur within 180 days of approval. Gift Card provided within 60 days of loan settlement. Terms and conditions apply and are available at nrma.com.au/homeloans/giftcard.