Use our personal loan selector tool to work out whether a Variable or Fixed Rate loan better suits your needs. Just remember, only an unsecured variable or fixed rate loan are able to be used to consolidate your debt.
Understand what your repayments will be. Adjust the term and the amount to meet your budget.
Estimate how much you can borrow and work out the repayments at the current interest rate.
1 Additional repayments made on a Fixed Rate Loan are not available to be redrawn. View the Personal Loan Terms and Conditions.
Your actual interest rate may be different from our lowest advertised interest rates (referred to as "From" rates), as it will be based on a number of factors, including the information you provide and our assessment of your application. We will confirm your actual interest rate in your loan offer document.
Unsecured personal loan repayment terms range from 1 to 7 years. Interest rate ranges and representative examples are based on an unsecured loan of $30,000 borrowed for 5 years are as follows:
The Comparison rate is calculated on loans as follows:
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Applications for finance are subject to the Bank’s normal credit approval. View the Personal Loan Terms and Conditions. Full terms and conditions will be included in our loan offer. Fees and charges are payable. Commonwealth Bank of Australia ABN 48 123 123 124. Australian credit licence 234945.