Switch and save with personal loans from 3.99%
Discover your potential savings when switching your personal loan from the big four banks. Calculate your repayments and view a range of competitive personal loan ofers today. With rates under 10%, there’s no better time to consider switching.
The result provided is an estimate only. Please read our for more information.
By switching, you could save from
total savings
Compare the following personal loans and see how much you could save
Product Low Rate Personal Loan Unsecured (Excellent Credit) Real Time Rating™ Winner of Excellent Credit Personal Loans, RateCity Gold Awards 2022 | Interest Rate  5.45 % p.a Fixed up to 7.05% | Comparison Rate* 6.07 % p.a Fixed up to 7.4% | Company | Save by switching $1,507 total savings | Repayment $139 based on $20,000 loan amount for 3 years at 5.45% | Upfront Fee $250 | Go to site |  Total repayments for a 3-year, $20,000 loan at 6.07% would be $21,725*. Terms from - years | special No extra repayment or early exit fees. Funding approved in 24 hours. Up to $75,000 loan amountWinner of Excellent Credit Personal Loans, RateCity Gold Awards 2022 |  A competitive fixed rate personal loan with flexible repayment options, no ongoing or early exit fees, and fast funding. Available to excellent credit borrowers. |
Product Plenti Personal Loan (Excellent Credit) Real Time Rating™ | Interest Rate 6.39 % p.a Fixed up to 7.89% | Comparison Rate* 6.39 % p.a Fixed up to 8.49% | Company | Save by switching $1,201 total savings | Repayment $141 based on $20,000 loan amount for 3 years at 6.39% | Upfront Fee $0 up to $699 | Go to site | Total repayments for a 3-year, $20,000 loan at 6.39% would be $22,031*. Terms from - years | Enjoy lower rates and no early repayment fees with an unsecured loan. | |
Product Secured Fixed Standard Personal Loan Real Time Rating™ | Interest Rate 7.99 % p.a Fixed | Comparison Rate* 8.62 % p.a Fixed | Company | Save by switching $673 total savings | Repayment $144 based on $20,000 loan amount for 3 years at 7.99% | Upfront Fee $200 | Go to site | Total repayments for a 3-year, $20,000 loan at 8.62% would be $22,559*. Terms from - years | Offering a redraw facility and no fees for extra repayments, you can pay your loan down quicker and still have access to your money. | |
Product Unsecured Fixed Standard Personal Loan Real Time Rating™ | Interest Rate 7.99 % p.a Fixed | Comparison Rate* 8.62 % p.a Fixed | Company | Save by switching $673 total savings | Repayment $144 based on $20,000 loan amount for 3 years at 7.99% | Upfront Fee $200 | Go to site | Total repayments for a 3-year, $20,000 loan at 8.62% would be $22,559*. Terms from - years |
Calculator Assumptions and Disclaimers
- Calculations assume that details entered into calculator, including interest rates, do not change for the lifetime of the loan.
- Interest is calculated by compounding on the same frequency as the repayment selected, i.e. weekly, fortnightly or monthly.
- Months are assumed to be of equal length. However, given that some months are longer than others, interest charged by vary depending upon the month.
- One year is assumed to contain exactly 52 weeks or 26 fortnights. Thus, each year has 364 days.
This calculator is an estimate of how much you can save by switching to another personal loan product based on your entered borrow amount, interest rate and loan term.
- The calculation rounds of the personal loan repayment to the closest dollar value without decimals.
- All calculations are estimates only; there are no guarantees, pre-qualifcations or pre-approvals for borrowing. All results are based solely upon the data entered into the calculator.
- Your fnal loan repayments or borrowing amount will depend on your lender’s eligibility criteria, amongst other factors.
- Calculator does not include the cost of fees or other extra charges.
- Calculator does not account for changes to interest rates over time.
- This calculator is for information purposes only. Any advice is general and has not taken into account your personal circumstance.Read our full disclaimer.
Georgia Brown
Personal Finance Editor
Georgia Brown is a Personal Finance Editor and journalist for RateCity. Before venturing into the world of personal finance, she worked as a reporter for realestate.com.au and Smart Property Investment. She now works truly amongst personal finance, while also writing about other areas, such as sustainable finance and super.
