HomePersonal LoansNABVariable Rate Personal Loan

NAB Variable Rate Personal Loan

The NAB Variable Rate Personal Loan offers rates from 7.49% p.a. (8.89% p.a. comparison rate*). on loans of $5,000 to $55,000.


Updated 10 July 2025


Fact checked and verified. Updated 10 July 2025
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Expert Review

The NAB Variable Rate Personal Loan is an unsecured loan. It offers a variable interest rate from 7.49% to 20.49% p.a. The comparison rate ranges between 8.89% and 21.78% p.a.* Borrowers can borrow between $5,000 and $55,000. Loan terms are flexible, lasting from one to seven years. There is an establishment fee of $250. An ongoing monthly fee of $10 also applies. These fees provide clear cost expectations during the loan period.

Stay or Go’s personal loan comparison review shows this product has one of the lowest interest rates available. It ranks within the bottom 1% for unsecured variable rate loans on the market. This loan may be suitable for people needing funds for debt consolidation, home renovations, or travel expenses. Additional benefits include finance availability within one business day after approval. Borrowers can also redraw any extra repayments made earlier. There are no fees for early repayment of the loan balance.

Product Details
Fees

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$250 establishment fee

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$10 ongoing monthly fee

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No early repayment fee

Other fees may apply.

Rates

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Fixed rate from 7.49% to 20.49% p.a.

Loan Amount

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From $5,000 to $55,000

Loan Terms

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1, 2, 3, 4, 5, 6 or 7 years

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Unsecured loan

Features

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Redraw extra repayments that you have made

TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the NAB website.

More information
The comparison rates on this page are based on either a $30,000 loan over 5 years, or a $10,000 loan 3 years, as indicated with each rate. WARNING: This comparison rate applies only to the example given and may not include all fees and charges. Different terms, fees or loan amounts might result in different comparison rates.
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