Check how much your car repayments could be with a NAB Personal Loan by adjusting the fields below. You can amend the loan term (how long you have to repay the loan), the repayment frequency and the type of interest (fixed or variable).

This calculator can help you estimate how much you can afford to borrow. So, you’ll have a budget in mind, before you begin shopping around for your new car.

tailor your personal loan repayments

Calculate what your car repayments could be with a NAB Personal Loan. Fees and charges payable. Amounts shown exclude fees.

I want to borrow
I want to pay off my car in (years)

A shorter term means higher repayments (as they're spread over less years). A longer term means lower repayments, but more interest paid by the end of the loan term.

1 2 3 4 5 6 7
and make repayments every Week Fortnight Month
I want my interest rate to be

A fixed rate means your loan's interest rate and repayments will stay the same for the loan term. Redraw won't be available. A variable rate means your loan's interest rate and repayments could move up or down.

Fixed Variable


You can borrow between $5,000 and $55,000 with a term between one and seven years. If approved, you’ll receive the amount as a lump sum at the beginning of the loan term.


Depending on how you like to budget, your repayments can be weekly, fortnightly or monthly. You can also make additional lump sum repayments at no extra charge – meaning you can pay off your loan early with no fees. You can repay your loan by setting up a direct debit using NAB Internet Banking, transferring funds via NAB Telephone Banking, or in personal at your nearest NAB branch.


Working out your rate

We determine your rate based on details provided on your application form and your credit assessment. If you're a NAB customer, we also use information we already know about you.

Headline rate

The majority of our personal loan customers will get the advertised headline rate (or lower). However, depending on your circumstances, we may offer you a higher or lower rate when you apply.

Fixed rates vs. variable rates

A fixed rate stays the same for the chosen period, meaning your loan repayments stay the same during that time. A variable rate can move up or down, meaning your minimum loan repayment may change. You'll also have access to a redraw facility on your variable rate loan, which comes in handy if you need money unexpectedly.

Comparison rate

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.

You might also be interested in

buying a car

Buying a car

Buying a car? We'll show you some finance options along with cost saving tips on running your car.

resting in car

​Tips on paying for your new car

How to get behind the wheel – sooner than you might think.

Two friends laughing

​The real cost of buying a car

​We’ll help you uncover the hidden costs of buying a car.

Important information

Rates and information current as at 1 April 2021 and subject to change. Terms, conditions, fees, charges and lending criteria apply.

  • Calculations are based on our headline interest rate and are estimates only. The amount includes the monthly Loan Service Fee and the Application Fee. The majority of our personal loan customers will get the headline rate or a lower rate. The interest rate you get may be different from the headline rate and will be based on a number of factors, including the information you provide and our credit assessment.
  • Minimum interest rate for a variable rate loan is 6.99% p.a. (7.91% p.a. comparison rate) and the maximum interest rate is 18.99% p.a. (19.83% p.a. comparison rate).
  • Minimum interest rate for a fixed rate loan is 6.99% p.a. (7.91% p.a. comparison rate) and the maximum interest rate is 18.99% p.a. (19.83% p.a. comparison rate).

Comparison rate calculated on unsecured loan amount of $30,000 over a term of 5 years based on monthly repayments.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

We're ready to help you

Easy, secure, fast application
Call us
Talk to an expert