Switch and save with personal loans from 4.15%
Compare your options with RateCity's personal loan switch and save calculator. Calculate repayments and potential savings when switching to a different personal loan product.
Calculate your personal loans repayments and savings when switching your personal loans from the Big 4 banks
Borrowers who have switched to smaller, more competitive lenders are saving hundreds of dollars every month. With rates well under 10% now, there’s no better time to switch. Compare your car loan rate against the latest deals:
Advertised Rate 6.39% p.a Fixed up to 8.69% | Comparison Rate* 6.39% p.a Fixed up to 9.61% | Company  | Save by switching $3,119 total savings | Repayment $135 based on $30,000 loan amount for 5 years at 6.39% | Upfront Fee $0 up to $849 | Go to site |  Total repayments for a 5-year, $30,000 loan at 6.39% would be $35,126*. Terms from - years |  Enjoy lower rates and no early repayment fees with an unsecured loan. More details | Highlighted | |
Advertised Rate 6.49% p.a Fixed up to 8.5% | Comparison Rate* 7.14% p.a Fixed up to 8.78% | Company  | Save by switching $3,034 total savings | Repayment $135 based on $30,000 loan amount for 5 years at 6.49% | Upfront Fee $195 | Go to site | Total repayments for a 5-year, $30,000 loan at 7.14% would be $35,211*. Terms from - years | Tech-savvy borrowers can join this digital lender, without needing to put down security. More details | ||
Advertised Rate 5.49% p.a Fixed up to 8.99% | Comparison Rate* 5.49% p.a Fixed up to 7.46% | Company  | Save by switching $3,871 total savings | Repayment $132 based on $30,000 loan amount for 5 years at 5.49% | Upfront Fee $0 | Go to site | Total repayments for a 5-year, $30,000 loan at 5.49% would be $34,374*. Terms from - years | An unsecured personal loan with a competitive interest rate and no ongoing or extra repayments fees, giving you the flexibility to pay it off faster. |  Winner of Excellent credit personal loans, RateCity Gold Awards 2021 More details | |
Advertised Rate 5.95% p.a Fixed up to 17.95% | Comparison Rate* 5.95% p.a Fixed up to 17.95% | Company  | Save by switching $3,488 total savings | Repayment $133 based on $30,000 loan amount for 5 years at 5.95% | Upfront Fee $0 | Go to site | Total repayments for a 5-year, $30,000 loan at 5.95% would be $34,757*. Terms from - years | Make the most of this unsecured personal loan's competitive interest rate with no fees for extra repayments. More details | ||
Advertised Rate 6.39% p.a Fixed up to 10.49% | Comparison Rate* 6.39% p.a Fixed up to 11.92% | Company  | Save by switching $3,119 total savings | Repayment $135 based on $30,000 loan amount for 5 years at 6.39% | Upfront Fee $495 | Go to site | Total repayments for a 5-year, $30,000 loan at 6.39% would be $35,126*. Terms from - years | More details | ||
*How we came up with our estimates?
- Estimated savings are calculated by averaging the personal loan interest rates from Australia’s big four banks; averaging the four lowest interest rates for personal loans available through RateCity; and comparing the cost difference when these average interest rates are applied to a $20,000 loan with a three-year term and monthly repayments.
- These estimated savings calculations were made on 8 March 2018.
- Estimated savings are not a guarantee or projection of future savings.
Nick Bendel
Property Personal Finance Writer
A property and personal finance writer, Nick Bendel covers property, loans, credit cards, superannuation, and other bank products. Nick has previously written for The Adviser, Mortgage Business, Lifehacker, Business Insider, Yahoo Finance, and InvestorDaily, and loves getting elbow-deep in the latest ABS, APRA and RBA data.