Home loans
From your first family home to your next investment property. Try our home loan calculators or apply online today.
Mozo Experts Choice Award Winner 2025
First Home Buyer Loan & Offset Home LoanVariable interest rates from
Interest rate1
Comparison rate2
For a Basic Home Loan on an owner-occupied property with principal & interest repayments, and a LVR of 50% or less.
Apply nowGet a $1,500 Virtual Visa Gift Card when you settle your NRMA Home Loan
Submit your application by 6 April 2026 and, if your loan settles, you’ll receive a $1,500 Virtual Visa Gift Card. Gift Card provided within 60 days of loan settlement. Terms and conditions apply.
Try our home loan calculators
Simple and easy to use, our home loan calculators can help you estimate repayments, how much you can borrow, and what you could save if you refinance.
Borrowing calculator
Find out how much you could borrow to get started on your online home loan journey.
Refinance calculator
Looking to refinance? Find out how much you could save by switching to an NRMA Home Loan.
Repayments calculator
Find out your repayment options, rates and schedule based on your desired loan amount.
Why choose us for your home loan?
Apply for Pre-approval in minutes
Competitive Interest Rates
Apply in as little as 15 minutes
$0 Application Fee3
Compare NRMA Home Loans
Find a home loan that best suits you. With great rates, low fees and flexible loan options, there's good reason to choose the home of good borrowers.
Basic Home Loan
Choose the Basic Home Loan for no ongoing fees and features to help you tailor your loan.
Variable Rates From
Features
- No ongoing fees
- No fee to redraw online
- Extra repayments (Unlimited for variable, Max $20k p.a. for fixed)
- Variable and fixed rates available
- 20% deposit minimum
Offset Home Loan
The Offset Home Loan suits changing needs, with 100% offset accounts available on variable and fixed loans.
Variable Rates From
Features
- Up to six 100% offset accounts per loan
- No fee to redraw online
- Extra repayments (Unlimited for variable, Max $20k p.a. for fixed)
- Variable and fixed rates available
- 10% deposit minimum
Supported by a great partner
NRMA Insurance is proud to partner with Bendigo and Adelaide Bank. You can rest assured that your home loan will be conveniently backed by a valued and trusted name.
Applying for an NRMA Home Loan
Get ready
Gather all your required information together, including your ID, and documents for proof of income and expenses.
Apply online
Have your property valued, details verified, and a credit check completed in real time. Experts review anything that can't be confirmed digitally.
Sign and save
If approved, your loan documents will be auto-generated and emailed to you. Simply sign and return to complete the process.
Do I qualify?
- Property must be located in a capital city or regional area.
- You must be an Australian citizen or permanent resident.
- Minimum 20% deposit for a Basic Loan or 10% for an Offset Loan (plus stamp duty & charges). LMI may apply if borrowing >80%.
- Must provide valid ID.
- The security must be an established home (not land, or off the plan).
Need help?
Get support and answers to your home loan questions.
Home loan FAQs
Are our home loans 100% digital?
Our home loans are designed to be easy to apply for online, and you can make your ongoing repayments online as well.
How long does the online application take to complete?
Completing an online application can take as little as 15 minutes to an hour, depending on the number of properties you own, complexity of your financial situation and document availability.
Who funds my home loan?
NRMA Insurance is proud to partner with Bendigo and Adelaide Bank. You can rest assured that your home loan is funded by a valued and trusted name in the banking industry.
Are there any additional fees associated with an NRMA Home Loan?
For a complete list of the rates, fees, and other charges, read our rates and fees page.
What is Loan-to-Value Ratio (LVR)?
Loan-to-value ratio represents the amount you’re borrowing against the bank’s value of the property used as security. A higher LVR represents a higher risk loan.
Because a couple having an LVR greater than 80% represents higher risk, they may need to pay Lenders Mortgage Insurance (LMI).
With NRMA Home Loans the LMI premium is added to the loan amount.
What’s Lenders Mortgage Insurance (LMI)?
Lenders Mortgage Insurance (LMI) is a fee which will be added to your loan if you're borrowing more than 80% Loan-to-Value Ratio (LVR) of a property’s value (which means if you have less than a 20% deposit).
It protects the lender from financial loss if you can’t afford to meet your repayments and default on the loan.
LMI can cost thousands of dollars, so if you want to avoid paying it, the best way is by saving at least a 20% deposit before applying for a home loan.
Things you should know
The product selector results are a guide only based on the details entered. This is not a quote, credit approval or offer of credit. The results are not advice on how much you can or should borrow, which product you should choose, the product features or options, or about making extra payments.
Bendigo and Adelaide Bank Limited (ABN 11 068 049 178, AFSL and Australian Credit Licence 237879) (“Bendigo Bank”) is the credit provider. Credit services are provided by Tiimely Pty Ltd. Insurance Australia Limited trading as NRMA Insurance (ABN 11 000 016 722) (“IAL”) is a member of AFCA and does not hold an Australian Credit Licence.
- All lending interest rates are subject to change. Rates are for new lending and may differ for existing customers.
- Important information about comparison rates: The comparison rates displayed are calculated for a loan of $150,000 over 25 years. WARNING: The comparison rate is true only for the example given and may not include all fees and charges.
- Other fees and charges may be applicable.
- Terms and conditions, fees and charges apply. The Offset Account is available on the Offset Home Loan only for both fixed and variable products.
- NRMA Home Loans Variable products recognised in Mozo Experts Choice Awards 2025.
- The LVR is inclusive of capitalised Lenders Mortgage Insurance (LMI). LVR is subject to LMI acceptability, location, and loan purpose.
- NRMA Home Loans Variable Offset Home Loan product recognised in Finder Product Awards 2026.