Personal loan borrowing calculator | How much you can borrow - NAB

Rates current as at date

Comparison rate

Estimated result

How we calculate your rate

The rate we offer you will be based on your banking history with NAB, information provided in your application and your credit history report. This rate could change and is subject to

verification of the information you provide and may be different on the day of settlement. Find out more about creditworthiness and how to improve your credit score.

  • To apply online, you need to be:

    • 18 years or older

    • applying as a sole applicant. You’ll have all the repayment obligations, even if someone else will be receiving a substantial benefit from the loan

    • receiving a regular income

    • an Australian resident for tax purposes, an Australian or New Zealand citizen, Australian Permanent Resident or non-resident holding an acceptable Temporary Residency Visa

  • You’ll need to provide us with:

    • your driver’s licence number (if you have one)

    • your employment details for the past three years

    • your financial information, including your income, assets, debts and expenses

    • addresses you've lived at in the last three years

    If you’re an existing customer, you’ll also need your NAB ID.

Understand your borrowing limits upfront

Your income, expenses and loan term all influence your borrowing power — and our calculator brings it all together instantly.

Looking for another calculator?

Explore your options with some of our other calculators.

Personal loan repayment calculator

Calculate what your repayments could be with a NAB Personal Loan.

Debt consolidation calculator

Understand how your repayments could change by consolidating your debts.

What do you need an unsecured personal loan for?

A personal loan can help you achieve your goals and meet your needs, even when you least expect it. You could:

Terms and Conditions

Our personal loan calculators are for unsecured loans, which means we don’t need any property or collateral to allow you to borrow. This is different from a secured loan, like a mortgage or secured car loan, where you can use your home or car as security to borrow against.

- Minimum interest rate for a variable rate loan is 7.00% p.a. (8.41% p.a. comparison rate) and the maximum interest rate is 21.00% p.a. (22.29% p.a. comparison rate)

- Minimum interest rate for a fixed rate loan is 7.00% p.a. (8.41% p.a. comparison rate) and the maximum interest rate is 21.00% p.a. (22.29% p.a. comparison rate)

Terms and conditions and fees and charges apply. Approval and loan amount are subject to our credit assessment criteria. Information, including fees are subject to change.

View our general terms for personal loans, personal banking fees and charges and indicator rates for other personal lending.

Consider the NAB Internet Banking terms and conditions which apply when using NAB Internet Banking and the NAB app, before making any decisions regarding these products. The NAB app is compatible with Android™ and iOS, minimum platform requirements apply. Android is a trademark of Google LLC. IOS is a trademark or registered trademark of Cisco in the U.S. and other countries and is used under license. Products issued by NAB.