skip to log on skip to main content
VoiceOver users please use the tab key when navigating expanded menus

ANZ Variable Rate Personal Loan

Get the flexibility to make extra repayments

Apply now Interest rates & fees

Track my application 

 

Whether you’re looking to buy a new car, renovate your home or you want to consolidate debt, we could help you with an ANZ Variable Rate Personal Loan.

Loan features

Pay off your loan early with no exit fees

You can make extra repayments whenever you like to reduce your loan term and interest you pay, helping you to pay it off earlier.

Fast access to extra money you’ve paid

You can choose to redraw additional loan repayments you have made at no extra cost (terms and conditions apply).

Flexibility to increase your loan amount

If you need a bit extra, you could apply to increase your loan if your plans get bigger. If approved, you'll continue to have one loan amount and one repayment schedule.

Same day cash if approved in branchdisclaimer

If you apply in branch and are approved by midday Monday to Friday, you can have the money in your existing ANZ everyday account on the same day.disclaimer

Rates and fees

interest rates
Reduced interest rate (eligibility criteria, and terms and conditions apply) disclaimerdisclaimer
Comparison interest rate disclaimer
Minimum loan amount $5,000 
Maximum loan amount   $50,000
interest rates
Loan approval fee $150 (one-off payment)
Loan administration charge $10 per month, debited every three months until the loan is closed in ANZ systems.
Minimum loan term 1 year
Maximum loan term 7 years

Calculators

How much could I borrow?

Get an indication of how much you may be able to borrow

What could my repayments be?

Get an estimate of your potential loan repayments

How to apply

After you submit your application for an ANZ Personal Loan, you'll receive an application reference number and get a response within 2-5 days.

 

Check you're eligible

You must:

  • Be at least 18 years old  
  • Earn a minimum of $15,000 per annum   
  • Be an Australian citizen, permanent resident or have a valid visa  

What is a valid visa?

 

Details to have handy

You'll need:

  • Details of your income, assets, expenses and financial commitments
  • Your driver's licence, ANZ Account Number or Customer Registration Number (if you have them)
  • If you're new to ANZ, you'll need any two of your Australian driver's licence, Medicare card, Australian passport, or Australian visa.

 

What happens next

  1. Complete the application. We’ll email you confirming we've received your application. We may also ask you to provide the documents verifying your financial details.
  2. If your loan is approved, you’ll receive a letter of offer to review.  
  3. If you accept our offer, we’ll put the money in your account. New to ANZ? We'll also ask you to call us to verify your identity first.



Apply now

It takes about ten minutes to apply.

FAQs

ANZ Fixed Rate Personal Loan

Alternatively, an ANZ Fixed Rate Personal Loan gives you the certainty of fixed repayments throughout the life of the loan and your repayments won't change even if rates increase.

However, there may be fees and charges if you’d like to make early or extra repayments or if you fully repay your loan early. Learn more about what happens if you repay some or all of it early (PDF, 46 KB).

ANZ Variable Rate Personal Loan

With an ANZ Variable Rate Personal Loan, your interest rate may increase or decrease during the loan term, and so may your repayments. Plus, you can make early or extra repayments to pay off the loan faster (and save on interest charges), or redraw any extra money you’ve paid on your loan if you like.

With an ANZ Variable Rate Personal Loan, your interest rate is subject to change during the loan term, and accordingly, the repayment amounts may also change.

An ANZ Variable Rate Personal Loan offers you the flexibility of making early or extra repayments to pay off your loan sooner (and potentially save on interest costs) with no exit fees.

You will have access to a redraw facility on an ANZ Variable Rate Personal Loan which will allow you to access extra money you’ve repaid at a later date, as often as you like and for any reason you like. Learn more about redraw.

If you have a variable rate personal loan, you can pay it off early by making early or extra repayments. This could save you money on the interest you pay. 

With a fixed rate personal loan, if additional payments are made an Early Repayment Fee of $300 will be applied. You may also incur early repayment costs. Please read ANZ Fixed Rate Personal Loan - what happens if you repay some or all of your loan early (PDF 47kB) to see how this is calculated.

A rate that helps you work out the true cost of a loan. This rate takes other fees and charges into account, like a loan approval fee and loan administration charge in addition to the interest rate. It’s meant to be a fairer way of comparing how much a loan will cost you.

For more information visit https://www.moneysmart.gov.au/.

Get in touch with us

Speak to a Loan Specialist

Available Mon-Fri 8.00am to 8.00pm (AEST)

Call 1800 339 410

General Personal Loan Enquiries

Available Mon-Fri 8.00am to 8.00pm (AEST)

Call 1800 801 485

Visit a branch

Locate an ANZ branch near you.

Locate us

All applications for credit are subject to ANZ’s credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. Australian credit licence number 234527.

Pre-existing condition exclusion applies: Any sickness, accident or condition that: is the subject of a medical consultation during the six months immediately before the policy commencement date, and leads directly or indirectly to death or disablement in the first six months immediately after the policy commencement date, wont be covered.

Back to top

There is no cover available for the Disability benefit or Involuntary Unemployment Benefit if you are working in a permanent part time, casual, contract or temporary capacity or you are self-employed for less than 10 hours per week.

Back to top

Existing ANZ Personal Loan accounts with an ANZ Loan Protection insurance discount will continue to have the 0.25% p.a. interest rate discount for the life of the insurance policy. The discount will end once the existing ANZ Loan Protection insurance policy ends. For more details on Loan Protection Insurance, please refer to ANZ Loan Protection Product Disclosure Statement and Policy (PDF 2.8MB).

Back to top

Applications must be submitted at an ANZ branch, and approved before noon Monday to Friday (AEST), and customers must have approved funds deposited into an existing ANZ Everyday account. For a full list of eligible ANZ everyday accounts, please contact us on 1800 801 485 between 8am to 8pm (AEST) weekdays.

Back to top

Rates as at  and subject to change.

Back to top

This offer rate shown is inclusive of a discounted margin which is deducted from the ANZ Personal Lending Index Rate (which is subject to change). This offer is only available to customers who: apply for an ANZ Variable Rate Personal Loan and are approved on or before 2 December 2020. If a customer: applies or is approved for an ANZ Variable Rate Personal Loan after 2 December 2020, the standard variable interest rate, currently 15.99% p.a. (comparison rate 16.84% p.a.) as at  will apply. This interest rate is subject to change. This offer is available until 2 December 2020 only and may be withdrawn or changed at any time without notice. It is not available in conjunction with any other offers, packages or promotions.

Back to top

This comparison rate is based on a $30,000 Personal Loan for a five year term. This rate is applicable for unsecured loans only. 

WARNING:
 This Comparison Rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Back to top

Total loan repayments and repayment amount

For an ANZ Secured Car Loan, the total loan repayments shown is an estimate based on the total loan repayments, total interest and the Loan Administration Charge of $5 per month, but does not include the Establishment Fee of $350 and other fees which may be incurred such as late payment fees. The repayment amount is an estimate based on the loan amount, interest and the Loan Administration Charge of $5 per month, but does not include the Establishment fee $350. If the Establishment Fee is financed as part of the ANZ Secured Car Loan, the regular repayment amount will be higher than the amount stated on the calculator.

Back to top

Comparison rate

For ANZ Variable and Fixed Rate Personal Loan

For the purposes of this calculator, the following default interest rates are used and are subject to change:

Fixed interest rate:    (comparison rate: )

Variable interest rate:    (comparison rate: )

This comparison rate is based on a $30,000 Personal Loan for a five year term. This rate is applicable for unsecured loans only.

WARNING: The comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.  

Back to top

Interest rate

For ANZ Variable or Fixed Rate Personal Loan

For the purposes of this calculator, the following default interest rates are used and are subject to change:

Fixed interest rate:    (comparison rate: )

Variable interest rate:    (comparison rate: )

This comparison rate is based on a $30,000 Personal Loan for a five year term. This rate is applicable for unsecured loans only.

WARNING: The comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Back to top