Important disclosure
5.76%
p.a
up to 24.03%
From
6.55%
p.a
up to 24.99%
Australian Credit Licence 474726Fees & charges apply
Calculate your repayments for this loan
Your estimated repayment
$834
based on $27,500 loan amount for 3 years at 5.76%
Pros and cons
For Unsecured Personal Loan (Excellent Credit) (Amount > $5000)
Benefits
- No ongoing fees
- Flexible repayment options
- No security required
- Can apply online
- Use the loan for any worthwhile purpose
- Fast time to funding
- Winner of Excellent Credit Personal Loans, RateCity Gold Awards 2024
Drawbacks
- Higher than average application fee
- Cannot apply in branch
Harmoney Rate Personal loan overview
For Unsecured Personal Loan (Excellent Credit) (Amount > $5000)
Details
Total repayments $30,010 | Interest rate type Fixed |
Borrowing range $5k - $70k | Security type Unsecured |
Loan term 3 to 5 years | Secured by |
Loan type Is Fully Drawn Advance | Repayment frequency Weekly, Fortnightly, Monthly |
Target Market Determination Visit Harmoney Australia Limited to view Target Market Determination. |
Features
Extra repayments Yes | Redraw facility |
Instant approval | Time to funding 24 hours |
Fees
Upfront Fee $575 | Ongoing Fee $0 |
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 |
How to apply
If you'd like to apply for this product or just get more information, follow the application process on Harmoney.
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.