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Are there any fees for making extra payments?
No — We don’t charge additional repayment or early exit fees for the NAB Car Loan. You can make extra payments, increase your monthly payment or repay your loan early and there are no fees for doing this. You would also save on the amount of interest you are paying. You cannot redraw the extra payments but you may qualify to reamortise the loan, which would reduce your monthly repayment amount.