Personal loan repayment calculator - NAB

How we calculate your rate

The rate we offer you will be based on your banking history with NAB, information provided in your application and your credit history report. This rate could change and is subject to

verification of the information you provide and may be different on the day of settlement. Find out more about creditworthiness and how to improve your credit score.

  • To apply online, you need to be:

    • 18 years or older

    • applying as a sole applicant. You’ll have all the repayment obligations, even if someone else will be receiving a substantial benefit from the loan

    • receiving a regular income

    • an Australian resident for tax purposes, an Australian or New Zealand citizen, Australian Permanent Resident or non-resident holding an acceptable Temporary Residency Visa

  • You’ll need to provide us with:

    • your driver’s licence number (if you have one)

    • your employment details for the past three years

    • your financial information, including your income, assets, debts and expenses

    • addresses you've lived at in the last three years

    If you’re an existing customer, you’ll also need your NAB ID.

  • A fixed rate stays the same for the life of the loan, so your loan repayments will also stay the same.

    A variable rate can go either up or down over the life of the loan – this means your minimum repayment may change. A variable rate loan also gives you access to a redraw facility, so if you need money unexpectedly you can redraw extra funds you’ve paid.

  • A comparison rate is used to help you identify the true cost of the loan, including the interest and some fees and charges. This makes it easier to compare the overall cost of different loans.

    When you read comparison rates, take note of the loan amount and term that they are based on. These affect the comparison rate and you want to be comparing apples with apples.

Know your repayments before you apply

Our personal loan repayment calculator can show your estimated repayments in seconds — helping you budget without the guesswork.

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Debt consolidation calculator

Understand how your repayments could change by consolidating your debts.

What do you need an unsecured personal loan for?

A personal loan can help you achieve your goals and meet your needs, even when you least expect it. You could:

Terms and Conditions

Our personal loan calculators are for unsecured loans, which means we don’t need any property or collateral to allow you to borrow. This is different from a secured loan, like a mortgage or secured car loan, where you can use your home or car as security to borrow against.

Consider the NAB Internet Banking Terms and Conditions which apply when using NAB Internet Banking.

Terms and conditions and fees and charges apply. Approval and loan amount are subject to our credit assessment criteria. Information, including fees are subject to change.

View our general terms for personal loans, personal banking fees and charges and indicator rates for other personal lending.