Tell us about you

Fees and charges payable. Amounts shown exclude fees.

What are you borrowing for? Renovate Travel Wedding Car Motorbike Consolidate debt Purchase shares Household goods Other
Number of borrowers One Two
Borrower One
Marital Status Single Couple
Number of dependents
Do you share dependents with borrower two? Yes No
Borrower Two
Marital status Single Couple
Number of dependents

Tell us about your income

Borrower One
Your income (after tax) weekly fortnightly monthly annually
Do you have any other sources of incomes? Yes No
Your total other income (after tax) weekly fortnightly monthly annually
Borrower Two
Your income (after tax) weekly fortnightly monthly annually
Do you have any other sources of income? Yes No
Your total other income (after tax) weekly fortnightly monthly annually

tell us about your expenses

Are your expenses shared with borrower two? Yes No
Borrower One
Mortgage repayments or rent weekly fortnightly monthly annually
General living expenses

Please include in this section the following types of expenses:

  • Basic housing and property expenses (inc utilities)
  • Communications & Media
  • Food & Groceries
  • Clothing & Personal Care
  • Transport
  • Insurance
  • Recreation & Entertainment
  • Medical & Health
  • Education
  • Childcare and any other expenses
weekly fortnightly monthly annually
Total of your credit card limits
Do you have any other personal loans? Yes No
Other personal loan repayments weekly fortnightly monthly annually
Borrower Two
Mortgage repayments or rent weekly fortnightly monthly annually
General living expenses

Enter your total estimated living expenses. For example, bills, transport, food, entertainment etc. If you need help, you can use our Budget Planner tool.

weekly fortnightly monthly annually
Total of your credit card limits
Do you have any other personal loans? Yes No
Other personal loan repayments weekly fortnightly monthly annually

Your borrowing terms

A flexible personal loan to suit your needs

You could borrow up to
And pay it off over (years) 1 2 3 4 5 6 7
You can choose to make repayments every Week Fortnight Month
And have your interest rate

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.

Variable Fixed

How much can I afford to borrow?

Whether it’s for a car purchase, holiday, a wedding or home renovations, it’s important to know your borrowing power.

Your borrowing power is the amount of money which you can borrow and pay back to a lender. It indicates how much money you can safely afford to borrow without defaulting on your repayments.

To gain an understanding of how much you can afford to borrow, you can use the personal loan calculator to estimate your borrowing power. Start by selecting what event or item you are borrowing for and go from there.

What are my personal loan repayment options?

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 person at your nearest NAB branch. See how much your repayments could be at our personal loan repayment calculator.

OUR INTEREST RATES EXPLAINED

Working out your rate

Your interest rate is based on several factors including information you provide in your application, your credit history and 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 best rates

If you have an excellent credit history you may be offered a rate at the lower end of our range. For example, from 6.99% p.a. on variable or fixed rate loans (comparison rate 7.91% p.a.).

An excellent credit history can mean you haven’t opened many new lending products or increased your credit limits too often. If you have credit accounts such as a credit cards, personal loans or home loans and have made repayments on time, this will also positively affect your credit rating.

Our average rates

If your credit history isn’t long or as good, you’ll likely be offered a rate around 12.69% p.a. or higher on variable or fixed rate loans.

Find out more about credit-worthiness and how to improve your credit score.

Fixed rates vs. variable rates

A fixed rate stays the same for the chosen period, meaning your loan repayments won’t change 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.

Important information

Rates and information current as at 9 June 2021 and subject to change. Terms, conditions, fees, charges and lending criteria apply.

* Calculations are based on an example interest rate and are estimates only. The amount includes the monthly Loan Service Fee and the Application Fee. The interest rate you get may be different from the example rate and will be based on several 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

If you have any questions or are unable to apply online, visit us in at your nearest branch – we’ll be happy to help.