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:

I want to borrow

$

Over a loan term of

years

With an interest rate of

%

Repayment frequency

By paying weekly, you are saving $106.

Product
Advertised Rate
Comparison Rate*
Company
Save by switching
Repayment
Upfront Fee
Go to site

12.69%

Fixed

13.56%

NAB

$1.5k

total savings

$154

based on $20,000 loan amount for 3 years

$150

More details

10.50%

Fixed

11.38%

ANZ

$2.3k

total savings

$150

based on $20,000 loan amount for 3 years

$150

More details

*How we came up with our estimates?

  1. 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.
  2. These estimated savings calculations were made on 8 March 2018.
  3. Estimated savings are not a guarantee or projection of future savings.