Understanding our interest rates and fees

There are a range of variable and fixed personal loan rates.

Your interest rate is based on several factors including:

  • information you provide in your application
  • your credit history
  • information we already have about you if you’re an existing customer.

After you submit your application, if you’re conditionally approved, we’ll give you an indicative interest rate. This is subject to verification of the information you give us in your application. We’ll provide your final interest rate in the loan documentation, at which point you can decide to accept the loan offer.

Our interest rates:

Loan type

Interest rate1 Comparison rate2
Variable Rate Loan Interest rate1 From 6.99% p.a. to 18.99% p.a. Comparison rate2 From 7.91% p.a. to 19.83% p.a.
Fixed Rate Loan Interest rate1 From 6.99% p.a. to 18.99% p.a. Comparison rate2 From 7.91% p.a. to 19.83% p.a.
Application fee

One off payment when loan is established

Monthly fee
Exit fee
Late payment fee

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

Personal loans

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

1Interest rates and information current as at 9 June 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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