Important disclosure

Community First Bank

Green Loan

Real Time Rating™

  • 1 to 10 years
  • Unsecured
  • Variable Rate

2024 Award Winner

Interest Rate

6.54%

p.a

Comparison Rate*

From

7.59%

p.a

up to 7.59%

Real Time Rating™
Tags
  • 1 to 10 years
  • Unsecured
  • Variable Rate
Interest Rate

6.54%

p.a

Comparison Rate*

From

7.59%

p.a

up to 7.59%

Calculate your repayments for this loan

$

Your estimated repayment

$920

based on $30,000 loan amount for 3 years at 6.54%

Pros and cons

For Green Loan

Benefits

  • Interest rates ranked in the best 20%
  • Unlimited extra repayments
  • Redraw facility
  • Flexible repayment options
  • No security required
  • Can apply online
  • Can apply in branch
  • Green loan
  • Winner of Best Green Personal Loans, RateCity Gold Awards 2024

Drawbacks

  • Service fee charged
  • Higher than average application fee

Community First Bank Rate Personal loan overview

For Green Loan

Details

Total repayments

Interest rate type

Variable

Borrowing range

$1k - $100m

Security type

Unsecured

Loan term

1 to 10 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit Community First Bank to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $15

Instant approval

Time to funding

N/A

Fees

Upfront Fee

$249

Ongoing Fee

$10 Monthly

Missed Payment Penalty

$25

Early Exit Penalty Fee

$0

Permitted Loan Purposes

New Car

Used Car

Motorcycle

Boat

Debt Consolidation

Renovation

Holidays

Medical Bill

Shares

Student Loan

Wedding

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Harmoney Australia Limited

Unsecured Personal Loan (Excellent Credit) (Amount > $5000)

Real Time Rating™
  • 3 to 5 years
  • Unsecured
  • Fixed Rate
  • No ongoing fees

2024 Award Winner

Interest Rate

5.76%

p.a

up to 24.03%

Comparison Rate*

From

6.55%

p.a

up to 24.99%

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Driva

Personal Loan (Excellent Credit)

  • Via broker
  • 1 to 7 years
  • Secured
  • Fixed Rate
Interest Rate

7.49%

p.a

up to 13.95%

Comparison Rate*

From

8.33%

p.a

up to 17.58%

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Wingate Consumer Finance (NOW Finance)

No Fee Personal Loan

Real Time Rating™
  • 1 to 7 years
  • Unsecured
  • Fixed Rate

2024 Award Winner

special

Pay no fees over the lifetime of your loan with NOW Finance. T&C’s apply.
Interest Rate

6.75%

p.a

up to 26.95%

Comparison Rate*

From

6.75%

p.a

up to 26.95%

FAQs

How long are $3000 loans?

Medium amount loans can be repaid between 16 days and 2 years. Many personal loans have terms between 1 year and 5 years, though some are as short as 6 months while others last for 10 years.

Generally, the shorter a loan’s term, the more expensive your regular repayments may be, but the less total interest you’ll pay. Loans with longer terms mean more affordable repayments, but more interest charges over the full term.