Unsecured Personal Loan
- Special
- $5k to $55k
- 1 to 7 years
- New or used car
- Variable Rate
Borrow from $5,000 to $55,000 with a 1 - 7 year flexible loan term with NAB. Plus enjoy no fees for extra repayments and no early exit fees.
Interest rate p.a.
6.99%
up to 20.49%
Comparison rate* p.a.
7.91%
Unsecured Personal Loan
- Special
- $5k to $55k
- 1 to 7 years
- New or used car
- Variable Rate
Interest rate p.a.
6.99%
up to 20.49%
Comparison rate* p.a.
7.91%
Calculate your repayments for this loan
Your estimated repayment
$396
based on 20000 loan amount for 5 years at 6.99%
Pros and Cons
For Unsecured Personal Loan
Benefits
- Lower than average rate
- Lower than average application fees
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- No security required
- Can apply online
- Can apply in branch
- Use the loan for any worthwhile purpose
- Suitable for both new or used car
- Fast time to funding
- Approval is instant
Drawbacks
- Service fee charged
NAB Rate Car Loan overview
For Unsecured Personal Loan
Details
Total repayments
$23,756
Interest rate type
Variable
Borrowing range
$5k - $55k
Security type
Unsecured
Loan term
1 to 7 years
Secured by
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
Target Market Determination
Visit National Australia Bank Limited to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
redraw activation fee of $0
Instant approval
Time to funding
24 hours
Fees
Upfront fee
$150
Ongoing Fee
$10 Monthly
Missed payment penalty
$0
Early exit penalty fee
$0
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Promoted car loan products
New Car Loan
Real Time Rating™
- $2k to $75k
- 1 to 7 years
- Fixed Rate
- Secured
Interest rate p.a.
6.57%
Comparison rate* p.a.
7.19%
Australian Credit Licence 488228
Fees & charges apply
New Car Loan
- Via broker
- $10k to $250k
- 1 to 7 years
- Fixed Rate
Interest rate p.a.
6.52%
up to 18%
Comparison rate* p.a.
6.95%
Australian Credit Licence 364340
Fees & charges apply
New Car Loan
- Via broker
- $10k to $300k
- 1 to 7 years
- Fixed Rate
Interest rate p.a.
6.29%
up to 24.99%
Comparison rate* p.a.
7.41%
Australian Credit Licence 511803
Fees & charges apply
New Car Loan - Home Owner Special
Real Time Rating™
- $5k to $150k
- 3 to 7 years
- Variable Rate
- Secured
Interest rate p.a.
6.24%
Comparison rate* p.a.
7.36%
Australian Credit Licence 395219
Fees & charges apply
Product data updated on 20 Apr 2024