My debt is from a Credit Card Store card Loan
The amount owing is
My current repayment is Week Fortnight Month


I want to pay off my new loan 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

Current debt summary


Minimum repayment

Consolidating your personal debt allows you to bring all your smaller loans together into one and could mean you could end up paying less in interest and fees. Use our debt consolidation calculator to see how much your repayments could be by bringing them together with a NAB personal loan.

Please note: your personal debt does not include any home loan debt you may have


Having one loan usually outweighs the benefits of having a lot of little debts and this may:

  • free up some cash by reducing the amount of regular debt repayments
  • allow you to take advantage of a good deal with lower rate or fees
  • simplify your commitments by having a single repayment – meaning you’ll have a better idea of when you’ll be debt free.


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 interest rate when you apply.

Fixed rates vs. variable rates

A fixed rate stays the same for a chosen period so your loan repayments stay the same during that time. A variable rate though 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.

Important information

Rates and information current as at 15th June 2020 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 9.99% p.a. (10.88% 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 9.99% p.a. (10.88% 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.

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