Why you might need a personal loan

If you’re paying off more than one debt every month it can be hard to manage. 

Combining your existing debts (not including any home loan debt you may have) into a single loan could give you more certainty and control. It may:

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

If you think a personal loan for debt consolidation is right for you, you can apply online. Still not sure? Learn more about how debt consolidation works  and the benefits of consolidating your debts.

Other personal loan calculators

Try our other personal loan calculators to check what your repayments could be and how much you may be able to borrow.

Personal loan repayment calculator

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

Personal Loan borrowing power calculator

Estimate what you can afford to borrow and how much the repayments will be.

Terms and Conditions