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

ANZ Variable Rate Personal Loan

Enjoy the flexibility of an ANZ Variable Rate Personal Loan, which may help you take control and reach your goals. 

   Apply to borrow between $5,000 and $50,000

   Get a loan term of 1 to 7 years

Our interest rates

Rates so good you could avoid the bank of Mum or Dad.

disclaimer,disclaimer

Reduced interest rate
(eligibility criteria, and terms and conditions apply)

disclaimer

Comparison rate

Loan features

Enjoy the flexibility to...

Pay off your loan early

You can make extra repayments whenever you like without additional cost, helping you to pay it off earlier and potentially save on the interest you pay.

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.

Redraw extra money paid

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

Get 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.

Trade-offs

  • Your repayments may change as your interest rate may increase or decrease during the term

Fees & charges

Rates and Fees

Loan Approval Fee

$150

Loan Administration Charge

$10 per month, debited every three months until the loan is closed in ANZ systems

Early repayment charges

Not applicable

Late Payment Fee

$20 will be charged if your repayment is five days late or more. A further $20 will be charged monthly until repayments are up to date.

Prefer more stability?

See our Fixed Rate Loan


Features

Certainty your repayments won’t change even if rates increase as you’ve locked in a fixed interest rate

Same-day cash in your ANZ everyday account if approved in branch by midday Monday to Fridaydisclaimer

 

Trade-offs

  • Early repayment charges may apply if you make early or extra repayments, repay your loan early or increase your loan amountdisclaimer
  • No access to extra money paid (redraw)

Compare ANZ Personal Loans

Loan and repayment calculators

Your details

How much do you earn?

$/ year
$/ year
$/ year
$/ year

How much do you spend?

$/ monthRequired
$/ month
$/ month
$

The borrowing power shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual borrowing capacity may vary. To find out actual borrowing capacity, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by ANZ. It does not take into account your personal or financial circumstances.  To apply for an ANZ Personal Loan you must complete an application.  All applications are subject to ANZ’s credit assessment criteria. Terms, conditions, fees and charges apply. ANZ will not store the information provided in this calculator.

The borrowing calculator is based on ANZ Variable Rate Personal Loan, over a seven year term, with monthly repayments and our current standard variable rate:  (comparison rate: ). The interest rate applicable to ANZ Fixed Rate Personal Loan is currently  (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:
 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.

Loan amount

$
p.a.
p.a.

 

The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by ANZ. It does not take into account your personal or financial circumstances. To apply for an ANZ Personal Loan you must complete an application. All applications are subject to ANZ’s credit assessment criteria. Terms, conditions, fees and charges apply. ANZ will not store the information provided in this calculator. For more important information about the interest rates and repayment amounts shown in this calculator, see the ‘Important Information’ section at the bottom of this page.

For an ANZ Fixed or Variable rate Personal Loan, the repayment amount shown on this calculator includes the Loan Approval Fee of $150, interest and monthly Loan Administration Charge of $10.

Not sure what Personal Loan to choose?

A loan for life’s surprises

Life happens. An ANZ Personal Loan could help you get on top - whether you need a new car, boat, truck or ute, or a little extra cash to make your dream holiday or event come true.  


Buy a motor vehicle

Better safety features, more space, improved efficiency… However a new car might make your life easier, an ANZ Personal Loan could help make it yours, sooner.
 

I need a new car

I want a boat, caravan, motorbike or truck
 

Consolidate your debt

Consolidating your debts into one, easy-to-manage ANZ Personal Loan could help you avoid the stress and hassle of juggling multiple rates, fees and due dates.

I need to consolidate my debt
 

 

Make home repairs

Renovating to boost the market value of your home, or need to make emergency home repairs? An ANZ Personal Loan could help you make it happen.

I'm renovating my home
 

Take that trip

Dreaming of sailing the Whitsundays, or roadtripping the East Coast? An ANZ Personal Loan could be used for flights and accommodation, plus unexpected travel costs.

I'm planning a trip

 

Celebrate your event

Making your big day unforgettable can be expensive. If the dress, the venue, the cars, the cake are all adding up… an ANZ Personal Loan can help you have the day you want.

I have an upcoming event

How to apply

Check you're eligible

To be eligible for a personal loan, you must:

be 18 years of age or older  

earn a minimum of $15,000 per year  

be an Australian citizen, permanent resident or have a valid visa

be a sole or joint applicant. Joint applicants can apply at any ANZ Branch.

Get your documents ready

Here’s what you’ll need to apply:

details of your income, expenses, assets and liabilities

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.

Look out for our reply

Once you've submitted your application:

  • we’ll review the information provided in your application and may ask you for supporting documentation
  • if your loan is approved, we’ll send you a letter of offer for you to review
  • if you accept and sign the letter of offer, we’ll put the money in your nominated account.

Get started online

Want help getting started?

If you're ready to apply, but have a few questions, we're here to help.

Request a callback

  1. Tell us your contact details and how much you'd like to borrow
  2. We’ll get back to you in 1 to 2 business days
  3. We’ll answer any questions you have and help you submit your application

You don’t need to supply any documents at this stage

A credit check won't be done at this stage

Apply online

If you’re ready to apply online and have your documents handy, you can get started now.

Apply online

To complete your application, you'll need:

  • Details of your income, expenses (bills and other financial commitments), assets and liabilities (debts you owe)
  • 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.

Apply over the phone or in branch

Apply by phone

Call our Loan Specialists Monday to Friday, 8am to 8pm (AEST)

Call 1800 339 410

Apply in branch

Chat to us in person at your local ANZ branch

Book an appointment Find an ANZ Branch

Already applied for an ANZ Personal Loan?

To track your application or supply documents, you'll need your application reference number from your loan application confirmation email from us.

Track my application

Supply application documents

Get in touch

Not sure which loan to choose, have a question about your application or eligibility criteria? Give us a call or visit in person. We're here to help.

General personal loan enquiries

Available Monday to Friday 8am to 8pm (AEST)

Call 1800 801 485

Tips & guides

How to manage debt

Debt doesn’t have to be a dirty word. In fact, it can be good, bad or just downright useful. We look into types of debt and ways to get on top of them.

Read tips for managing debt

4 tips for your personal loan application

Ready to start your personal loan application? Make sure you’re eligible, have done your research and worked out your budget first.

Read application tips

Tips for buying a car

Need the freedom of your first car, or an upgrade to one that's more efficient? If you’re in the market for a new, used or demo car there’s a few things to consider before you take the plunge.Superscript:

Read tips for buying a car

Your questions answered

General

ANZ Fixed Rate Personal Loans and ANZ Variable Rate Personal Loans are unsecured. This means you do not have to use an asset like your car or home as security to get a loan.

  

If you have an ANZ Variable Rate Personal Loan, you can pay off your loan early by making early or extra repayments without additional costs. This could help you to save on the interest you pay over the life of the loan. 

With an ANZ Fixed Rate Personal Loan, early repayment fees and charges, which may be significant, may apply if you make early or additional repayments or repay your loan early. Refer to Early Repayment Charges (PDF 47kB) and  ANZ Consumer Lending Terms and Conditions booklet (PDF 475kB).

  

ANZ Fixed Rate Personal Loan

An ANZ Fixed Rate Personal Loan gives you the certainty of fixed repayments for the term of your loan. This means if interest rates increase your repayments stay the same.

However, if you're looking to pay off your loan early, make extra repayments or increase your loan amount, early repayment fees and charges may apply. See Early Repayment Charges (PDF 47kB) and ANZ Consumer Lending Terms and Conditions booklet (PDF 475kB) for further information. You also do not have access to any early repayments made to the loan.

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. You can make early or extra repayments to pay off the loan faster (and save on interest charges), and redraw any extra money you’ve paid on your loan, without additional costs.

  

Interest explained

Interest is calculated on the unpaid daily balance of your loan and is charged to the loan on a fortnightly or monthly basis (depending on which product you have). The interest rate applied each day is equal to your annual interest rate, divided by 365.

It's important to note that the interest charged to your loan may be different each month for ANZ Fixed Rate and Variable Rate Personal Loans, as it depends on a variety of factors, such as the number of days in that month, the applicable annual interest rate and the unpaid balance of your loan. For the full details about how interest is calculated refer to our Consumer Lending terms and conditions brochure (PDF 475kB).

  

A comparison rate 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 Moneysmart.

  

Applying for a personal loan

Yes, you can apply but your application for an ANZ Personal Loan will be subject to ANZ’s credit assessment criteria.

Your liabilities and other financial commitments, such as an existing personal loan with another lender, will be taken into account when we assess your application for an ANZ Personal Loan.

  

You'll need to provide information on:

  • your income amount and frequency
  • your assets
  • what existing financial commitments you have with ANZ and other financial institutions, such as personal loans, home loans or credit cards
  • your expenses, such as how much you spend on gas, electricity, insurances, food, transport and lifestyle expenses

We ask for this information so that we can verify your financial circumstances and assess your ability to repay an ANZ Personal Loan without substantial hardship. You can explore which ANZ Personal Loan may suit your needs by using our tools and calculators. 

  

If you’re not a permanent Australian resident, you may still be eligible to apply for an ANZ personal loan. You will be required to meet specific visa and income verification requirements. Valid visas include a range of working visas and business visas.  

Working visas

Includes all temporary visa subclasses that allow an individual to work in Australia. This typically includes holders of skilled category visas but can also include some family category visas.

Working holiday visas are not acceptable.

Business visas

Includes all temporary/provisional business visa subclasses that allow business people to establish or manage a new or existing business or invest in Australia. This generally includes holders of business owner, senior executive or investor category visas.

For more details please visit an ANZ branch or call 1800 339 410 to discuss your application. You can also find out what a particular visa entitles the holder to by visiting Department of Home Affairs website.

  

You don’t have to pay stamp duty on any of our personal loans.

But if you’re buying a car, you may need to pay stamp duty to the state or territory government to register it and to transfer its registration. The amount of stamp duty varies between states and territories, and also depending on the type of vehicle.

Remember that this money doesn’t go to us, but to the relevant state or territory government.

  

Concerned about financial difficulty?

If you’re struggling to make your loan repayments, read on to see how we may be able to help. You can also find out more at our dedicated financial hardship site.

What do I do if I can’t make a payment?

If you can’t make a personal loan repayment, please call us immediately to discuss the matter and see if we can come to a financial arrangement. We may be able to look at temporary payment options to help you manage your loan.

What happens if I get sick, have an accident or lose my job?

You can call us to discuss an arrangement if something has happened that could affect your financial situation.

For Personal Loans repayments please call 1800 351 548.

For Secured Car Loans repayments please call 13 23 73.

  

Any information provided is general in nature and does not take into account your personal needs, financial circumstances or objectives and you should consider whether it is appropriate for you. ANZ recommends you read the applicable Terms and Conditions booklets and the ANZ Financial Services Guide before deciding whether to acquire, or continue to hold, a particular product.

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.

Return

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.

Return

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).

Return

Rates as at  and are subject to change without notice.

Return

This offer interest rate shown is inclusive of a discount on 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 27 October 2021. If a customer applies or is approved for an ANZ Variable Rate Personal Loan after 27 October 2021, the standard variable interest rate, currently 15.99% p.a. (comparison rate 16.84% p.a.) as at  may apply. This interest rate is subject to change. This interest rate offer may be withdrawn or changed at any time without notice and is not available in conjunction with any other offers, packages or promotions.

Return

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.

Return

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.

Return

Fixed rate personal loans aren’t for everyone and early repayment fees and charges, which may be significant, may apply if you make early or additional repayments or repay your loan early. Refer to Early Repayment Charges (PDF 47kB) and ANZ Consumer Lending Terms and Conditions booklet (PDF 475kB).

Return

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.

Return

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.  

Return

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.

Return
Top