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 rate10.50% | Comparison rate11.53% | Monthly repayment$430/mo | VariablePrincipal & interestFeatures: Extra repayments | 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 | ||
 | Advertised rate10.75% | Comparison rate11.18% | Monthly repayment$432/mo | VariablePrincipal & interestFeatures: Extra repayments | Sometimes The Budget Just Won't Stretch To Something You Really Want, Or Need To Pay For. We Offer Multiple Personal Loans For Countless Worthwhile Purposes, With Fast And Hassle-Free Approval. | ||
 | Advertised rate10.94% | Comparison rate11.30% | Monthly repayment$434/mo | VariablePrincipal & interestFeatures: | Our personal loan can be used for renovating your home, booking your next holiday or upcoming wedding celebration. Maybe you’d like to piece together your finances, simplify your life and combine… | ||
| Advertised rate10.99% | Comparison rate11.00% | Monthly repayment$435/mo | VariablePrincipal & interestFeatures: | Our Fair Rate Personal Loan can help fund or partially fund holidays and travel, renovations, wedding plans and debt consolidation. The rate is guided by your credit worthiness and borrowing history. | ||
 | Advertised rate11.30% to 14.00% | Comparison rate12.32% to 14.99% | Monthly repayment$438/moAt the lowest rate in the range | FixedPrincipal & interest | A Personal Loan designed for customers to enjoy something they want or need now, if they currently don't have the savings or cash to make the purchase. | ||
 | Advertised rate11.39% | Comparison rate11.71% | Monthly repayment$439/mo | UnsecuredVariablePrincipal & interestFeatures: Extra repayments | |||
 | Advertised rate11.49% | Comparison rate11.67% | Monthly repayment$440/mo | UnsecuredVariablePrincipal & interest | RACQ Bank wants to give you more freedom when it comes to your personal finances. It doesn’t matter if it’s a wedding, holiday or even a boat, when it comes to getting more from your personal loan… | ||
| Advertised rate11.49% | Comparison rate11.67% | Monthly repayment$440/mo | UnsecuredVariablePrincipal & interest | RACQ Bank wants to give you more freedom when it comes to your personal finances. It doesn’t matter if it’s a wedding, holiday or even a boat, when it comes to getting more from your personal loan… | ||
| Advertised rate11.49% | Comparison rate11.67% | Monthly repayment$440/mo | UnsecuredVariablePrincipal & interest | RACQ Bank wants to give you more freedom when it comes to your personal finances. It doesn’t matter if it’s a wedding, holiday or even a boat, when it comes to getting more from your personal loan… | ||
 | Advertised rate11.59% to 13.59% | Comparison rate12.63% to 14.65% | Monthly repayment$441/moAt the lowest rate in the range | VariablePrincipal & interestFeatures: | |||
| Advertised rate11.64% | Comparison rate12.21% | Monthly repayment$441/mo | FixedPrincipal & interestFeatures: Extra repayments | |||
 | Advertised rate11.74% | Comparison rate11.74% | Monthly repayment$442/mo | Students onlyUnsecuredFixedPrincipal & interestFeatures: | Students looking at financing their study, buy new textbooks or tools or pay for a hard-earned holiday. Designed for Students, Apprentices and trainees*. | ||
 | Advertised rate11.94% | Comparison rate12.90% | Monthly repayment$444/mo | SecuredVariablePrincipal & interestFeatures: Extra repayments | Our secured personal loan might be just what you are looking for if you're looking to buy a used car, boat, caravan, motorcycle or any other worthwhile purchase. | ||
 | Advertised rate11.95% | Comparison rate12.08% | Monthly repayment$444/mo | VariablePrincipal & interest | Make your next purchase a reality with our flexible personal loan | ||
| Advertised rate12.14% | Comparison rate12.46% | Monthly repayment$446/mo | VariablePrincipal & interestFeatures: Extra repayments | |||
 | Advertised rate12.29% | Comparison rate12.33% | Monthly repayment$448/mo | UnsecuredVariablePrincipal & interest | |||
| Advertised rate12.34% to 14.34% | Comparison rate13.39% to 15.40% | Monthly repayment$448/moAt the lowest rate in the range | FixedPrincipal & interestFeatures: | |||
 | Advertised rate12.49% | Comparison rate12.79% | Monthly repayment$450/mo | UnsecuredFixedPrincipal & interestFeatures: Extra repayments | An unsecured personal loan for any worthwhile purpose. | ||
 | Advertised rate12.49% | Comparison rate15.58% | Monthly repayment$450/mo | UnsecuredFixedPrincipal & interestFeatures: | Achieve your personal goals with an unsecured fixed loan for up to 5 years - consolidate debts, home renovations, dream holiday or investment venture, education, wedding or household goods. | ||
 | Advertised rate12.49% | Comparison rate12.71% | Monthly repayment$450/mo | UnsecuredFixedPrincipal & interestFeatures: | No matter if its home renovations or holidays, we offer personal loans with low fixed rates and free online redraw for all occasions | ||
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.