Personal Loan Rates

View all personal loan rates

Annual interest rates
Loan	Annual rate	Comparison rate ²
Boat loan	From 13.39% p.a. to 14.29% p.a.	Show comparison rates

Comparison rates for boat loans
Amount of loan	Term	Annual interest rate	Comparison rate ²
$5,000	2 years	14.29% p.a.	22.78% p.a.
$10,000	3 years	13.79% p.a.	17.13% p.a.
$15,000	4 years	13.79% p.a.	15.51% p.a.
$20,000	4 years	13.79% p.a.	15.23% p.a.
$25,000	5 years	13.79% p.a.	14.82% p.a.
$30,000	5 years	13.79% p.a.	14.65% p.a.
$50,000	7 years	13.79% p.a.	14.23% p.a.
$70,000	7 years	13.39% p.a.	13.71% p.a.

Rates are current as at 04 December 2009 and are subject to change.

Annual interest rates
Loan	Annual rate	Comparison rate ²
New car	From 11.49% p.a. to 12.99% p.a.	Show comparison rates
Used car	From 11.99% p.a. to 13.99% p.a.	Show comparison rates

Comparison rates for new car loans
Amount of loan	Term	Annual interest rate	Comparison rate ²
$5,000	2 years	12.99% p.a.	21.47% p.a.
$10,000	3 years	11.49% p.a.	14.84% p.a.
$15,000	4 years	11.49% p.a.	13.42% p.a.
$20,000	4 years	11.49% p.a.	12.93% p.a.
$25,000	5 years	11.49% p.a.	12.53% p.a.
$30,000	5 years	11.49% p.a.	12.36% p.a.
$50,000	7 years	11.49% p.a.	11.94% p.a.
$70,000	7 years	11.49% p.a.	11.81% p.a.
$100,000	7 years	11.49% p.a.	11.71% p.a.

Comparison rates for used car loans
Amount of loan	Term	Annual interest rate	Comparison rate ²
$5,000	2 years	13.99% p.a.	21.87% p.a.
$10,000	3 years	12.29% p.a.	15.04% p.a.
$15,000	4 years	12.29% p.a.	13.62% p.a.
$20,000	4 years	12.29% p.a.	13.13% p.a.
$25,000	5 years	12.29% p.a.	12.73% p.a.
$30,000	5 years	12.29% p.a.	12.55% p.a.
$50,000	7 years	12.29% p.a.	12.14% p.a.
$70,000	7 years	11.99% p.a.	11.71% p.a.
$100,000	7 years	11.99% p.a.	11.61% p.a.

Rates are current as at 04 December 2009 and are subject to change.

Annual interest rates
Item	Annual rate p.a.
Annual percentage rate	13.99% p.a. ⁷ (variable)

Annual interest rates
Loan	Annual rate	Comparison rate ²
For your personal use	From 13.39% p.a. to 14.29% p.a.	Show comparison rates

Comparison rates for secured personal loans
Amount of loan	Term	Annual interest rate	Comparison rate ²
$5,000	2 years	14.29% p.a.	22.78% p.a.
$10,000	3 years	13.79% p.a.	17.13% p.a.
$15,000	4 years	13.79% p.a.	15.51% p.a.
$20,000	4 years	13.79% p.a.	15.23% p.a.
$25,000	5 years	13.79% p.a.	14.82% p.a.
$30,000	5 years	13.79% p.a.	14.65% p.a.
$50,000	7 years	13.79% p.a.	14.23% p.a.
$70,000	7 years	13.39% p.a.	13.71% p.a.

Rates are current as at 04 December 2009 and are subject to change.

New car loans based on the designated amount of $30,000 (secured) for a term of 5 years have a comparison rate of 12.36% p.a. ²
Used car loans based on the designated amount of $30,000 (secured) for a term of 5 years have a comparison rate of 12.55% p.a. ²
Boat and secured personal loans for other purposes based on designated amount of $30,000 (secured) for a term of 5 years have a comparison rate of 14.65% p.a. ²

Annual interest rates
Loan	Annual rate	Comparison rate ²
Unsecured personal loan	From 14.64% p.a. to 15.14% p.a.	Show comparison rates

Comparison rates for unsecured personal loans
Amount of loan	Term	Annual interest rate	Comparison rate ²
$5,000	2 years	15.14% p.a.	23.84% p.a.
$10,000	3 years	14.64% p.a.	18.93% p.a.
$15,000	4 years	14.64% p.a.	16.62% p.a.
$20,000	4 years	14.64% p.a.	16.12% p.a.
$25,000	5 years	14.64% p.a.	15.70% p.a.
$30,000	5 years	14.64% p.a.	15.52% p.a.
$50,000	7 years	14.64% p.a.	15.17% p.a.

If you have the Westpac Choice Student package, you may be eligible to receive a 0.5% p.a. discount on the rate.

Rates are current as at 04 December 2009 and are subject to change..

2.WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.