Personal Loans Comparison Table

Personal Loan Variable Rate Loan Fixed Rate Loan Secured Car Loan

Interest rate From 14.40% p.a. From 14.15% p.a. 10.99% p.a. Comparison rate1 17.52% p.a. View schedule 17.27% p.a. View schedule 12.02% p.a. View schedule Terms available 1-7 years 1-7 years 1-5 years Loan amount $5,000-$50,000 $5,000-$50,000 $10,000 or more Repayment frequency Weekly, Fortnightly or Monthly Weekly, Fortnightly or Monthly Weekly, Fortnightly or Monthly Features Apply online √ √ √ Apply over the phone √ √ √ Apply in the branch √ √ √ Loan protection insurance √ √ √ Additional repayments allowed √ √ √ Redraw additional repayments √ × × Repayment methods Direct debit √ √ √ Salary credit √ √ √ NetBank √ √ √ Branch √ √ √ Telephone √ √ √ Fees & charges Establishment Fee $150 $150 $250 Loan Service Fee $10 $10 $10 Fees that may apply Late payment fee2 $20 $20 $20 Guarantee fee3 $120 $120 N/A Settlement cheque fee4 2 free 2 free N/A Ready to apply? Apply online   Other ways to apply Apply over phone, call 13 1431 Apply in branch Locate us

• Important information

The Secured Car Loan will be referred to as Fixed Rate Personal Loan on contract documentation.

1. Comparison rates calculated on loans as follows: Variable Rate and Fixed Rate (unsecured loans) $10,000 over 3 years; Secured Car Loan $30,000 over 5 years. Comparison rates schedules are available online by selecting the 'View Schedule' links above or from any branch of the Commonwealth Bank.
   WARNING: these comparison rates apply only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
2. You will be charged a late fee of $20 when, 5 business days after a repayment due date, you are more than one Loan repayment/payment in arrears and monthly thereafter until you:
   (a) are not in arrears in your repayments/payments; or
   (b) enter into and adhere to an arrangement with us for repayment of those arrears.
3. If a guarantor is required as security for your loan.
4. To make it easy for you to pay several different recipients with your loan borrowings, we provide two cheques free of charge. After that, a fee of $10 applies for each additional cheque we issue on your behalf. If any of the cheques we issue for you need to be cancelled, a fee of $10 applies for each one