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You can borrow between $10,000 - $100,000

You can borrow between $4,000 - $50,000

You can select a loan term between 1 and 7 years

Your comparison rate is ....

Things you should know

Personal Loan Contract Terms and Conditions (PDF 236KB)

Credit criteria, fees, charges, terms and conditions apply. Information current as at 13 November 2018.

Personal Loan Repayment Calculator Disclaimer

^ Any calculation made by you using this Personal Loan Repayment calculator is intended as a guide only.  It is for illustrative purposes only and is based on the accuracy of the information provided.  The calculator does not take establishment fees, stamp duty or other government charges into account.  The calculation does not constitute an offer of finance from Westpac. Your borrowing power amount may be different when you complete a loan application and all the details relevant to our lending criteria are captured and verified.  The calculations should not be relied on for the purpose of making a decision whether to apply for a personal loan.

Unsecured personal loan repayment terms range from 1 to 7 years. Interest rate ranges and representative examples are based on an unsecured loan of $30,000 borrowed for 5 years with the minimum interest rate of 12.99% p.a. (14.14% p.a. comparison rate), the estimated total amount payable including fees is $42,008.  

Secured Car loan repayment terms range from 1 to 7 years. Interest rate ranges and representative examples are based on a secured loan of $30,000 borrowed for 5 years with the minimum interest rate of 8.49% p.a. (9.67% p.a. comparison rate), the estimated total amount payable including fees is $37,949.

Comparison rate information


1. The Comparison rate is calculated on loans as follows:

•    Unsecured Personal Loans: comparison based on an unsecured $30,000 loan over five years;
•    For Secured Car Loan: comparison based on a secured $30,000 loan over 5 years.

WARNING: This comparison rate applies only to the example or examples given and may not include all fees and charges. 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.

More about Westpac Car Loans (Secured Personal Loans)

For secured personal loans, any motor vehicle offered as security must not be more than 12 years old upon loan expiry. The vehicle used as security must be registered under the applicant's name. Initial rate indications quoted prior to full loan-to-valuation ratio being completed may change depending on the valuation of security offered.

Whether purchasing a new car or refinancing a used car, the vehicle has to have been imported to Australia by the manufacturer, and all the lending criteria met.