Bank of Melbourne Unsecured Variable Personal Loan vs NAB Personal Loan

Rates, fees and limits for both loans, one row at a time. The cost row uses each loan's starting rate with its fees; the rate you're offered depends on your circumstances.

Bank of Melbourne Unsecured Variable Personal Loan

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NAB Personal Loan

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Interest rate a year: 7.00%–21.99%; 7.50%–22.00%
Comparison rate a year: 8.41%–23.28%; 8.41%–22.29%
Cost of $20,000 over 5 years: $4,911; $4,946
Establishment fee: $250; Not published
Monthly fee: $15; $15
Loan amount: $2,000 to $50,000; $5,000 to $55,000
Loan term: 1 year to 7 years; 1 year to 7 years
Rate type: Variable; Fixed or Variable
Security: Unsecured; Unsecured