✅ Fact checked
|
🗓️ Updated: April 2026
|
✍️ FinSight Editorial Team
|
⚡ Free to use — no signup required
✓ Updated April 2026
✓ 8 lenders compared
✓ Rates from 5.99% p.a.
✓ 100% free
LIVE RATES
⭐ FinSight Picks
Our top-rated loans for April 2026🏆 LOWEST RATE
OurMoneyMarket
Low Rate Fixed
★★★★★
5.0 / 5.0
5.99%
p.a. fixed
Comp: 5.99%
✓ No ongoing fees ✓ Fast approval ✓ Early repay free ✓ Fixed certainty
“OurMoneyMarket consistently delivers the lowest advertised personal loan rate in Australia. Zero ongoing fees and a fixed rate make it our top pick for cost-conscious borrowers.”
⚡ FASTEST
Wisr
Personal Loan
★★★★★
5.0 / 5.0
6.50%
p.a. variable
Comp: 7.68%
✓ Instant decisions ✓ Redraw free ✓ Extra repayments ✓ Variable flexibility
“Wisr uses smart technology for near-instant approvals. The variable rate means you benefit when rates fall. Best for borrowers who value speed and want to pay off early.”
🌿 GREEN LENDER
Plenti
Fixed Personal Loan
★★★★★
4.0 / 5.0
6.89%
p.a. fixed
Comp: 6.89%
✓ Green loan discount ✓ Fast online ✓ No early exit fee ✓ Transparent pricing
“Plenti offers a green lending bonus for EVs, solar and eco purchases. Transparent fixed-rate pricing with no exit fees. A strong all-round choice.”
Free Rate Alert
Get notified when rates drop
No spam. Unsubscribe anytime.
How FinSight Rates Lenders
📊
Rate
Interest + comparison
💰
Fees
All fees considered
⚡
Speed
Approval and funding
⭐
Value
Overall for borrowers
Personal Loan Calculator
Loan Analysis
Repayment Summary
Yearly Payments: $
Monthly Payments: $
Total Payments: $
Total Interest Paid: $
Compare Personal Loan Rates — April 2026
Rates from Australia’s leading personal loan lenders. Adjust the loan amount and term to see your monthly repayment.
Sort by:
LenderInterest RateComparison Rate*Monthly Repayment
Updated April 2026 · Rates are indicative only, subject to lender approval and credit assessment.
Disclaimer: Rates shown are indicative advertised rates and may not reflect the rate offered to you. Your actual rate depends on credit history, income, and lender assessment. *Comparison rate calculated on a $30,000 unsecured loan over 5 years and includes fees and charges. WARNING: This comparison rate is true only for the example given. Different amounts and terms will result in different comparison rates. This is general information only — not financial advice.
✅ Secured Personal Loan
- Lower interest rate (5–8%)
- Uses an asset as security (e.g. car)
- Lender can repossess asset if you default
- Best if you own an asset and want lowest rate
⚠️ Unsecured Personal Loan
- Higher rate (6.5–15%+)
- No asset required as security
- Approved based on creditworthiness alone
- Best for those without assets to secure
Tips to Get the Lowest Personal Loan Rate
- Check your credit score first — Equifax, Experian or illion offer free checks. A score above 700 typically gets the best rates.
- Borrow only what you need — smaller loan amounts and shorter terms reduce total interest paid.
- Avoid multiple applications — each application creates a hard enquiry on your credit file. Use lenders offering soft-check pre-approval first.
- Compare the comparison rate — some lenders advertise low rates but charge high establishment fees.
- Consider secured if you have an asset — a secured personal loan can be 1–3% lower than unsecured.
Rates shown are indicative advertised rates. Your actual rate is personalised based on your credit profile. Always read the loan contract before signing. This is general information only — not financial advice.