NAB Executive for Home Ownership Matt Dawson said this change will make a real difference for first-home buyers especially.
“For too long HELP debt has been a roadblock for many Australians looking to buy a home,” said Mr Dawson.
“NAB was pleased to advocate for this change last year which will allow more people to turn their homeownership dreams into reality, faster.
“From 31 July, some HELP repayments won’t be part of NAB’s home lending assessment, so customers can hit the real estate market sooner.”