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Unsecured Personal Loan

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Customise your loan summary by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Unsecured Personal Loan Pros and Cons

Pros:
  • Can apply online
  • Can apply in branch
  • Available for 457 visa holders
  • Suitable for both new or used car
Cons:
  • Monthly fee charged
  • Application fee charged
  • Has ongoing fees

Westpac Unsecured Personal Loan Fees and Features

New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat
Student Loan
Student Loan
Debt Consolidation
Debt Consolidation
Renovation
Renovation
Shares
Shares
Holidays
Holidays
Medical Bill
Medical Bill
Wedding
Wedding
Upfront Fee
Upfront Fee
$250
Ongoing Fee
Ongoing Fee
$12 monthly
Early Exit Penalty Fee
Early Exit Penalty Fee
$175 during first 2 years
Missed Payment Penalty
Missed Payment Penalty
$9
Redraw Activation Fee
Redraw Activation Fee
N/A
Repayment Type
Repayment Type
Fixed
Loan Type
Loan Type
Unsecured
Secured by vehicle
Secured by vehicle
Secured by property
Secured by property
Security by bank deposits
Security by bank deposits
Available to 457 Visa Holders
Available to 457 Visa Holders
Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
Line of Credit
Line of Credit
New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat
Student Loan
Student Loan
Debt Consolidation
Debt Consolidation
Renovation
Renovation
Shares
Shares
Holidays
Holidays
Medical Bill
Medical Bill
Wedding
Wedding
Upfront Fee
Upfront Fee
$250
Ongoing Fee
Ongoing Fee
$12 monthly
Early Exit Penalty Fee
Early Exit Penalty Fee
$175 during first 2 years
Missed Payment Penalty
Missed Payment Penalty
$9
Redraw Activation Fee
Redraw Activation Fee
N/A
Repayment Type
Repayment Type
Fixed
Loan Type
Loan Type
Unsecured
Secured by vehicle
Secured by vehicle
Secured by property
Secured by property
Security by bank deposits
Security by bank deposits
Available to 457 Visa Holders
Available to 457 Visa Holders
Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
Line of Credit
Line of Credit

Compare and review personal loans with similar features

Interest Rates
Advertised Rate
Advertised Rate
9.16%
fixed
Advertised Rate
From
8.10%
fixed
Advertised Rate
From
6.99%
fixed
Advertised Rate
From
9.50%
fixed
Comparison Rate
Comparison Rate
10.67%*
Comparison Rate
9.36%
Comparison Rate
7.69%
Comparison Rate
10.06%
Monthly Repayment
Monthly Repayment
$625
Monthly Repayment
$610
Monthly Repayment
$594
Monthly Repayment
$630
Total Repayments
Total Repayments
$37,500
Total Repayments
$36,600
Total Repayments
$35,640
Total Repayments
$37,800
Loan amount
Loan amount
$2k to $45k
Loan amount
$5k to $50k
Loan amount
$5k to $70k
Loan amount
$5k to $50k
Loan Fees
Upfront Fee
Upfront Fee
$350
Upfront Fee
3%
of loan amount
Upfront Fee
$500
Upfront Fee
$150
Ongoing Fee
Ongoing Fee
$5 monthly
Ongoing Fee
$0
Ongoing Fee
$0
Ongoing Fee
$5 monthly
Early Exit Penalty Fee
Early Exit Penalty Fee
$0
Early Exit Penalty Fee
$0
Early Exit Penalty Fee
$0
Early Exit Penalty Fee
$199
Missed Payment Penalty
Missed Payment Penalty
$25
Missed Payment Penalty
$35
Missed Payment Penalty
$15
Missed Payment Penalty
$0
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As Australia’s oldest bank, Westpac has a long history of providing Australians with sound financial advice.

Westpac’s personal loans can be used for refinancing or consolidating debts, or for covering major expenses such as travel, holidays or renovations. By adjusting the length of your loan term, and the frequency of your repayments, you can prepare a Westpac personal loan that’s both affordable and suitable for your finances.

In addition to personal loans, Westpac also has flexi loans and personal overdrafts available, putting multiple options for managing your personal finances at your disposal.

Westpac can be contacted via phone or email and has a network of branches to visit across Australia.

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