RateCity.com.au
  1. Home
  2. Personal Loans
  3. Westpac
  4. Flexi Loan

Flexi Loan

  • 1 to 5 years
  • Unsecured
  • Variable Rate
  • Instant approval

Interest rate p.a.

16.99%

Comparison rate* p.a.

14.86%

Flexi Loan

  • 1 to 5 years
  • Unsecured
  • Variable Rate
  • Instant approval

Interest rate p.a.

16.99%

Comparison rate* p.a.

14.86%

RateCity says

"Take advantage of unlimited extra repayments with this personal loan from one of Australia’s biggest banks."

Calculate your repayments for this loan

$

Your estimated repayment

$621

based on 25000 loan amount for 5 years at 16.99%

Pros and Cons

For Flexi Loan

Benefits

  • Lower than average application fees
  • Unlimited extra repayments
  • Flexible repayment options
  • No security required
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose
  • Approval is instant

Drawbacks

  • Service fee charged

Westpac Rate Personal Loan overview

For Flexi Loan

Details

Total repayments
Interest rate type

Variable

Borrowing range

$4k - $50k

Security type

Unsecured

Loan term

1 to 5 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit Westpac Banking Corporation Ltd to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $0

Instant approval

Time to funding

N/A

Fees

Upfront fee

$150

Ongoing fee

$12 Monthly

Missed payment penalty

$15

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat

Debt consolidation

Renovation

Holidays

Medical bill

Shares

Student loan

Wedding

Other Restrictions

Conditions, fees and charges apply.

FAQs