NRMA Basic Home Loan
For customers looking for a simple, no frills home loan with low upfront fees and no ongoing fees.
- From (owner occupied)
- 5.94%
- 5.98% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 5.94% | 5.98% | LVR ≤50% |
| Variable | 5.94% | 5.98% | LVR 50.01–60% |
| Variable | 6.03% | 6.07% | LVR 60.01–70% |
| Variable | 6.08% | 6.12% | LVR 70.01–80% |
| Fixed · 1 year | 6.49% | 6.16% | LVR ≤80% |
| Fixed · 3 years | 6.49% | 6.24% | LVR ≤80% |
| Fixed · 2 years | 6.54% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment Fee | Upfront | $150.00 |
| Application Fee | Upfront | $0.00 |
| Security Processing Fee | Upfront | $0.00 |
| Settlement Service Fee | Upfront | $345.40 |
| Monthly Service Fee Charged monthly · This fee is charged to cover the regular administration and servicing required for your loan | Ongoing | $0.00 |
| Bank Cheque Fee | Event | $10.00 |
| Online Redraw Fee Charged when completing a redraw online | Event | $0.00 |
| Manual Redraw Fee Payable each time we agree to a redraw request you make otherwise than through Bendigo e-banking | Event | $0.00 |
Features
- Redraw facility
- Manual & Online redraw available
- Monthly repayments only
- Extra repayments
- Unlimited additional repayments if variable, Max $20,000 per fixed term year without penalty.
Eligibility
- Minimum age — 18 years
- Credit and Lending Criteria, Fees and Charges Apply
Constraints
- Minimum limit — $50,000.00
- Maximum LVR — 80%
More Information
Published by NRMA Home Loans under the Consumer Data Right · Last updated 16 July 2026 · Product ID cd514842-f20f-4c6b-b367-de9c3c83f2f8 · View on CDR.gov.au · View Source Data (JSON)