Compare Personal Loan Rates
Today's featured Personal Loans
Lowest comparison rate for your filters
A personal loan to help members transition to more affordable and sustainable living
Lowest comparison rate for your filters
A loan that allows individuals to borrow funds for personal expenses such as home improvements, car purchases, debt consolidation and more.
Comparing 179 products
21 membership-required, 1 dealer-arranged, 1 broker-arranged and 2 business products hidden from this list.
Narrowed to the personal loans that will lend $20,000.
Borrowing $20,000 over 5 years at the lowest advertised shown:
- Monthly repayment from
- $382/mo
- Total repaid
- $22,949
- Total interest
- $2,949
Estimate only, based on the lowest advertised interest rate shown and assuming equal monthly repayments. Actual repayments depend on your rate, fees and loan terms.
| Product | Actions | ||||||
|---|---|---|---|---|---|---|---|
 | Advertised rate8.74% | Comparison rate8.24% | Monthly repayment$413/mo | VariablePrincipal & interestFeatures: | BEGREEN LOAN - Borrowers without a First Option Mortgage | ||
 | Advertised rate8.94% to 15.14% | Comparison rate10.21% to 16.41% | Monthly repayment$415/moAt the lowest rate in the range | SecuredVariablePrincipal & interestFeatures: Extra repayments | Firstmac’s Variable Secured Asset Loan offers a competitive variable rate with flexible repayments to suit your needs. Choose a term from 3 to 7 years, with finance available for new or used cars up… | ||
| Advertised rate8.94% to 15.14% | Comparison rate10.21% to 16.41% | Monthly repayment$415/moAt the lowest rate in the range | SecuredVariablePrincipal & interestFeatures: Extra repayments | Firstmac’s Variable Secured Asset Loan offers a competitive variable rate with flexible repayments to suit your needs. Choose a term from 3 to 7 years, with finance available for new or used cars up… | ||
 | Advertised rate8.95% | Comparison rate9.85% | Monthly repayment$415/mo | FixedPrincipal & interest | If you’re looking for a personal loan with set repayments, our Personal Loan gives you the peace of mind in knowing what your repayments will be for the life of your loan. | ||
 | Advertised rate8.99% | Comparison rate8.99% | Monthly repayment$415/mo | UnsecuredFixedPrincipal & interest | Alex gets you a multi-award winning personal loan with personalised interest rates based on your credit history and doesn't penalise you for making additional repayments or paying your loan out… | ||
 | Advertised rate8.99% to 29.39% | Comparison rate10.67% to 30.97% | Monthly repayment$415/moAt the lowest rate in the range | VariableFeatures: Extra repayments | Loan from Latitude Personal and Motor Loans. Flexible repayment options including weekly, fortnightly, or monthly repayments via Direct Debit or BPAY. Minimum borrowing amount of $5,000 with the… | ||
| Advertised rate8.99% to 29.39% | Comparison rate10.67% to 30.97% | Monthly repayment$415/moAt the lowest rate in the range | FixedFeatures: Extra repayments | |||
 | Advertised rate8.99% | Comparison rate9.39% | Monthly repayment$415/mo | UnsecuredFixedPrincipal & interestFeatures: Extra repayments | Personal loan without any need for security | ||
 | Advertised rate8.99% | Comparison rate9.35% | Monthly repayment$415/mo | FixedPrincipal & interestFeatures: | A flexible loan that can be used for holidays, renovations, debt consolidation or a new toy to play with. | ||
| Advertised rate8.99% | Comparison rate10.73% | Monthly repayment$415/mo | UnsecuredFixedPrincipal & interestFeatures: | Our Unsecured Personal Loan offers a fixed rate for the life of your loan, flexible repayments, competitive interest rates and the freedom of an unsecured loan option. You can use our personal loan… | ||
 | Advertised rate9.09% | Comparison rate10.06% | Monthly repayment$416/mo | VariablePrincipal & interestFeatures: | Saw it, wanted it, got it - we’ll help you get there with a Defence Bank personal loan. | ||
| Advertised rate9.14% to 15.34% | Comparison rate10.41% to 16.61% | Monthly repayment$417/moAt the lowest rate in the range | SecuredFixedPrincipal & interestFeatures: Extra repayments | Firstmac’s Fixed Secured Asset Loan offers a competitive fixed rate with set repayments, giving you certainty over the life of your loan. Choose a term from 3 to 7 years, with finance available for… | ||
| Advertised rate9.14% to 15.34% | Comparison rate10.41% to 16.61% | Monthly repayment$417/moAt the lowest rate in the range | SecuredFixedPrincipal & interestFeatures: Extra repayments | Firstmac’s Fixed Secured Asset Loan offers a competitive fixed rate with set repayments, giving you certainty over the life of your loan. Choose a term from 3 to 7 years, with finance available for… | ||
 | Advertised rate9.24% | Comparison rate10.14% | Monthly repayment$418/mo | VariablePrincipal & interestFeatures: Extra repayments | Our Reno Loan is an easy cost effective way to finance improvements to your home, such as putting in a pool, or giving the kitchen or bathroom a makeover. A Reno Loan allows home improvements without… | ||
 | Advertised rate9.24% | Comparison rate9.60% | Monthly repayment$418/mo | UnsecuredFixedPrincipal & interestFeatures: Extra repayments | Get what you want sooner with an IMB Unsecured Personal Loan. No security required, no ongoing account keeping fees and borrow up to $50,000 | ||
 | Advertised rate9.29% | Comparison rate9.67% | Monthly repayment$418/mo | SecuredFixedPrincipal & interestFeatures: | L38 SECURED PERSONAL FIXED | ||
 | Advertised rate9.49% | Comparison rate10.53% | Monthly repayment$420/mo | VariablePrincipal & interestFeatures: Extra repayments | When you need a personal loan to make your world a better place, we offer a few that could be just what you're looking for. Holidays, debt consolidation, cars and more. | ||
 | Advertised rate9.49% | Comparison rate10.53% | Monthly repayment$420/mo | VariablePrincipal & interestFeatures: Extra repayments | With a great rate and no account keeping fees on our personal loan product, get what you want now, and feel great knowing you're getting a great deal. | ||
 | Advertised rate9.50% | Comparison rate12.59% | Monthly repayment$420/mo | UnsecuredVariablePrincipal & interest | You can use a Cairns Bank unsecured personal loan for almost anything, including home improvements, the holiday of a lifetime or a car for your children! | ||
 | Advertised rate9.50% | Comparison rate10.52% | Monthly repayment$420/mo | VariablePrincipal & interest | Whether you're looking to take a holiday, renovate your home or you want to consolidate debt, we could help you with a CWCU Variable Rate Personal Loan | ||
Comparison rate warning and base criteria
Base criteria: repayment figures shown in this table are calculated on a loan of $20,000 over 5 years. Repayment estimates use each loan’s advertised interest rate, with the comparison rate shown beside it as a guide to total cost. Where a lender publishes a range of rates, the estimate uses the lowest rate in the range, and the rate you are offered depends on your circumstances. These figures are examples only. They are not a quote, and they may not include all fees and charges.
*Warning: the comparison rate shown is calculated by the lender on its own standard example, usually a $30,000 loan over 5 years. This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Products are selected for relevance to the table and to the filters applied. They are not suggestions or recommendations, and the order they appear in is not a ranking of suitability.
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Rates, fees and charges are subject to change without notice. Before acting on any information shown here, you should confirm the rates, fees, charges and product information with the provider. For clarity, where we have used the terms “lowest” or “best”, these relate solely to the rates of interest offered by the provider and not to any other factor. The application of these terms to a particular product is subject to change without notice if the provider changes their rates.
We do not compare every personal loans available in Australia, and this table does not compare every feature that may be relevant to you. Changing the filters will surface further relevant products. See how we sort and rank products and how we make money.
This information is general in nature. It does not take into account your objectives, financial situation or needs, and it is not a recommendation to apply for or hold any particular product. You should read the provider’s Key Facts Sheet, Target Market Determination and credit contract terms before deciding. CompareThat compares products. We do not arrange, approve or process applications.
Browse all personal loan lenders
Guides
- Personal Loans Guide How your credit score sets your personal loan rate Personal loans are advertised as a range for a reason. The rate you are offered is set by what the credit bureaus hold about you, and most of what sits in that file is fixable, given a few months of notice.
- Personal Loans Guide Debt consolidation loans explained Combining several debts into one loan can cut both your interest bill and the mental load of managing them. It can also increase what you pay in total. The difference is almost always the term, not the rate.
The Numbers Behind These Rates
Where this market sits today, and the official figures behind it.
- Market averages Personal Loan Market Averages Today's average personal loan rate, by segment, and how it has moved since the last reading. Taken from every product in the feed, not a survey.
- Statistics Average Personal Loan Interest Rate in Australia Personal loan rates span an unusually wide range, because lenders price each borrower individually. The tiles below show the live average and the secured-versus-unsecured gap across the lenders we compare.
- Market averages Car Loan Market Averages Today's average car loan rate, by segment, and how it has moved since the last reading. Taken from every product in the feed, not a survey.
- Statistics Average Car Loan Interest Rate in Australia Car loans are the largest single use of fixed-term personal lending in Australia. The tiles below show live average rates across the lenders we compare, and what securing the loan against the vehicle is worth.
- Rate Tracker Every Market, One Page The daily average across home loans, savings, term deposits, credit cards and personal and car loans, measured against the RBA cash rate.