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- Personal Loan Fixed
Personal Loan Fixed
- 2 to 3 years
- Unsecured
- Fixed Rate
Interest rate p.a.
8.49%
up to 20.49%
Comparison rate* p.a.
9.88%
up to 21.38%
Personal Loan Fixed
- 2 to 3 years
- Unsecured
- Fixed Rate
Interest rate p.a.
8.49%
up to 20.49%
Comparison rate* p.a.
9.88%
up to 21.38%
Calculate your repayments for this loan
Your estimated repayment
$947
based on 30000 loan amount for 3 years at 8.49%
Pros and Cons
For Personal Loan Fixed
Benefits
- Lower than average rate
- No early exit penalty
- Flexible repayment options
- No security required
- Can apply online
- Can apply in branch
- Use the loan for any worthwhile purpose
- Fast time to funding
Drawbacks
- Service fee charged
- Extra repayments limited $1000
Commonwealth Bank Rate Personal Loan overview
For Personal Loan Fixed
Details
Total repayments
$34,088
Interest rate type
Fixed
Borrowing range
$4k - $50k
Security type
Unsecured
Loan term
2 to 3 years
Secured by
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Target Market Determination
Visit Commonwealth Bank of Australia to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
redraw activation fee of $0
Instant approval
Time to funding
24 hours
Fees
Upfront fee
$0
Unsecured Fixed Rate Personal Loans when you apply and fund between 1 March 2024 and 30 April 2024~.
Ongoing fee
$15 Monthly
Missed payment penalty
$20
Early exit penalty fee
Fee Applies
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Debt consolidation
Renovation
Holidays
Medical bill
Shares
Student loan
Wedding
Other Restrictions
Early exit fees may apply.