Important disclosure
Home Renovation Loan Fixed
Interest Rate
8.40%
p.a
Comparison Rate*
9.10%
p.a
8.40%
p.a
9.10%
p.a
Calculate your repayments for this loan
Your estimated repayment
$946
based on $30,000 loan amount for 3 years at 8.40%
Pros and cons
For Home Renovation Loan Fixed
Benefits
- Lower than average rate
- Lower than average application fees
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
Drawbacks
- Service fee charged
Auswide Bank Rate Personal loan overview
For Home Renovation Loan Fixed
Details
Total repayments $34,043 | Interest rate type Fixed |
Borrowing range $3k - $50k | Security type Secured |
Loan term 1 to 5 years | Secured by Property |
Loan type Is Fully Drawn Advance | Repayment frequency Monthly, Weekly, Fortnightly |
Target Market Determination Visit Auswide Bank to view Target Market Determination. |
Features
Extra repayments Yes | Redraw facility redraw activation fee of $0 |
Instant approval | Time to funding N/A |
Fees
Upfront Fee $175 | Ongoing Fee $5 Monthly |
Missed Payment Penalty $10 | Early Exit Penalty Fee $50 during first 1 year |
Permitted Loan Purposes
New Car | Used Car |
Motorcycle | Boat |
Debt Consolidation | Renovation |
Holidays | Medical Bill |
Shares | Student Loan |
Wedding |
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p.a
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From
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p.a
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7.49%
p.a
up to 13.95%
From
8.33%
p.a
up to 17.58%
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Promoted
Unsecured Personal Loan (Excellent Credit) (Amount > $5000)
2024 Award Winner
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p.a
up to 24.03%
From
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p.a
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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.