NAB Peak Performance Equity Mortgage Loan NAB Peak Performance Equity Mortgage Loan

  • 5.75%
    p.a Standard Variable
  • 5.83%
    p.a Comparison**
  • $850
    Upfront fees
  • $140
    Annual fees
  • 90%
    Max Lvr
  • $2,214
    Per Month*

About National Australia Bank

National Australia Bank Group is a financial services organisation with over 12,700,000 customers and 42,000 people, operating more than 1,700 stores and business banking centres globally. NAB’s major financial services franchises in Australia are complemented by businesses in New Zealand, Asia, the United Kingdom and the United States. Each brand is uniquely positioned yet built on a common commitment to provide customers with quality products and services, fair fees and charges, and relationships built on the principles of help, guidance and advice.

Standard Variable

Repayments calculated to take into account ongoing monthly and anual fees.

Monthly repayment*
rate per annum

Loan to Value Ratio

Borrow up to the maxium of 90% of the value of the property.

Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.

However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.

Capitalise LMI


For ["Line of Credit", "Bridging", "Equity", "Investment", "Owner Occupied", "Vacant Land"], in ["NSW", "NT", "QLD", "SA", "WA", "VIC", "TAS", "ACT"].

8 - 30 years


The level of financial documentaion and credit history required to apply for the loan.

Full Doc
Credit History
Genuine Saving
Not Required

Redraw Facility

Get quick access to cash by drawing on the loan to pay for renovations or other purchases.

Redraw Facility
Min Redraw
Redraw fee

Banking Features

Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.

Some features you may wish to consider include:

  • an offset account;
  • ability to make extra repayments;
  • a redraw facility; and
  • linked credit card and savings accounts;
  • ability to split your loan between fixed and variable interest rates
Offset Account
Redraw Available
Credit Card
Internet Banking
Telephone Banking
BPay Option
Portability of Loan
Professional Pack
Check Account
Direct Salary Credit
Free Transactions
Minimum Redraw
Redraw Fee


You can make your repaments Monthly.

Interest Only Option
Max Interest Only
30 years

Upfront Fees

Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.


Ongoing Fees

Monthly and annual fees and charges during the loan period.

Ongoing Yearly

Exit Fees

Fees associated with prematurely ending the loan.

Early Repayment
Switch To Fixed


PLEASE NOTE: For a limited time, the $600 Application Fee has been waived for all new applications and refinances with aggregate lending of $250,000 and above. Excludes NAB to Nab Broker refinances. OTHER PRODUCT INFORMATION: A flexible line of credit with the ability to earn interest on credit balances, the Peak Performance Equity Mortgage is designed to meet a borrower’s total financial requirements with one facility. This allows them to turn asset wealth into an affordable cash flow. Lets borrowers unlock the equity in their residential property at a competitive variable interest rate. Borrowers can have separate Peak Performance Equity Mortgages for personal and investment purposes, subject to our minimum loan amount. A six-monthly service fee applies to each Peak Performance account. Borrowers can arrange to have their salary, rent or any other deposits directly credited to the loan. Borrowers can also set up a regular transfer of funds from any bank or building society account. Borrowers can make as many deposits and withdrawals as they like, with unlimited free transactions within Australia (except at non-NAB ATMs). Interest is calculated daily and charged monthly, meaning borrowers benefit immediately when they make a repayment. The Peak Performance Equity Mortgage can be packaged with other Nab Broker products to create a tailored finance solution. The Peak Performance Equity Mortgage is portable.

LVR Notes

Debt consolidation – Max LVR 90% Refinance Applications – Max LVR 90%. The following applies for loans with LVR >90%: 1) Minimum twelve (12) months full time employment tenure OR Minimum two years continuous employment in same industry, and 2) CRAA defaults paid (are greater than 6 months old) and accompanied by written customer explanation **In all cases, Maximum LVR is inclusive of any LMI Premium.

Fee Notes

Rate Lock Fee: 0.15% of approved facility limit, rounded to the nearest $10 - minimum $50. $300 Variation Fee applies for each application to increase a facility limit or change the security - including discharge of mortgage. Property value > $2.5M – a special val fee is payable for each property which has an estimated market value of $2.5M or more. Legal service fee and Government fees and charges may be payable and will be disclosed in contract.

*Monthly Repayments

Monthly repayments are calculated to take into account the loan amount, repayment term and ongoing fees and charges over the life of the loan.

  • Variable rate loans show the monthly repayments at the current rate.
  • Fixed rate loans show the monthly repayment during the fixed period only.
  • Monthly repayment calculations are an approximate guide only. Speak to a LoanMarket Mortgage broker to understand the exact cost of a loan given your particular circumstances.

**Comparison Rates

A comparison rate is a tool to help consumers identify the true cost of a loan. It factors in the interest rate, loan amount, repayment term and ongoing fees and charges and displays this as a single percentage rate that can be used to compare various loans from different lenders.

Monthly Repayment and Comparison Rate* calculations do not include:

  • The use of account features such as early repayments and offset accounts which vary widely among loans and can reduce the cost of a loan significantly.
  • Cost savings such as fee waivers or special rate discounts.
  • Fees and charges associated with loan options or events that may or may not be used by the borrower, such as early repayment or redraw fees
  • Lenders Mortgage Insurance (LMI) which may be required to secure the loan and can increase the cost of the loan.
  • Government charges such as stamp duty or mortgage registration fees.
  • Fees and charges which aren’t available at the time the comparison rate is provided