Understanding our interest rates and fees

There is a range of variable and fixed personal loan rates. The majority our customers will get the advertised headline rate (or lower). The interest rate you get may be different from the headline rate depending on your personal circumstances.

This rate is based on the following:

  • details you give us on the application form
  • information from your credit history report
  • if you’re already a NAB customer, details we already have about you.
Our interest rates:

Loan type

Headline rate1

Comparison rate2

Comparison rate2



Variable Rate Loan

Rate can range from 6.99% p.a. to 18.99% p.a.

Comparison rate can range from 7.91% p.a. to 19.83% p.a.

Headline rate1 12.69% p.a.

Comparison rate2

Comparison rate2



13.56% p.a.
Fixed Rate Loan

Rate can range from 6.99% p.a. to 18.99% p.a.

Comparison rate can range from 7.91% p.a. to 19.83% p.a.

Headline rate1 12.69% p.a.

Comparison rate2

Comparison rate2



13.56% p.a.
Fees
Fees
Application fee

One off payment when loan is established

$150
Monthly fee
$10
Exit fee
$0
Late payment fee
$0

If you’re interested in the indicator rates for our variable rate personal loan, please see our indicator rates for other personal lending.

Note: Our indicator rates for personal loans are used to calculate the variable rates for our personal loans. The variable interest rate for a NAB Personal Loan will either be the indicator rate, or it will be the indicator rate plus or less a margin.

Apply online for a NAB Personal Loan

Dog in a car

NAB Personal Loan

Borrow for almost anything with a NAB Personal loan – wedding rings, boats, furniture, school fees, caravans and more.

blue cars

Personal loan for a car

Dreaming of a different drive but need a car loan? A NAB Personal Loan can get you on the road.
red book in a box

Personal loan for debt consolidation

Dealing with multiple debts can be difficult. Put it all in one place and get a helping hand with a NAB Personal loan for debt consolidation.

Important information

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

2Comparison rate calculated on unsecured loan amount of $30,000 over a term of five years based on monthly repayments.

WARNING: This comparison rate applies only to the example of 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.

Personal Banking Fees - a guide to fees and charges (PDF, 357KB)

Personal Loan Agreement - General Terms (PDF, 372KB)

Indicator rates for other personal lending

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