*This comparison rate is based on an unsecured variable rate personal loan of $30,000 for a term of 5 years. Rates displayed are for customers with an excellent credit history, where a $0 establishment fee applies. For other borrowers, an establishment fee of $395 or $495 will apply, based on loan amount. A $10 monthly fee applies to all personal loans. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Establishment fee
$0 - $395
Loans up to $15,000
$0 - $495
Loans above $15,001
Loan term
3 to 7 years
Our fees
$10
Monthly fee
$0
Early exit fees
*This comparison rate is based on an unsecured variable rate personal loan of $30,000 for a term of 5 years. Rates displayed are for customers with an excellent credit history, where a $0 establishment fee applies. For other borrowers, an establishment fee of $395 or $495 will apply, based on loan amount. A $10 monthly fee applies to all personal loans. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Forget ME Bank, CBA, ANZ: MoneyMe personal loans calculator has cheaper rates than the major banks. Apply online in under 5 minutes now and see for yourself. This free tool is useful when you are budgeting your personal loan repayments in order to check whether the personal loan you want will be suitable for your financial situation.
Personal Loan Repayment Calculator Tutorial
You’ll find on this page the personal loan calculator widget that allows you to select the personal loan amount, ranging between $5,000 and $50,000. Once you’ve selected the loan amount you want, you can then input your preferred loan repayment period, ranging between 1 month and 3 years. Certain loan amounts have pre-set personal loan repayment periods. For example, a $5,000 personal loan requires a repayment period between 3 months and 2 years. Once this has been selected, you will then need to choose a repayment frequency of either weekly or monthly repayments, depending on the size of thepersonal loan.
Planning To Apply For A Personal Loan
The MoneyMe personal loan widget also includes the option to input your MoneyMe Credit Rating when calculating your personal loan repayments. This rating is determined by your lending history with MoneyMe. When planning your personal loan repayments, we also recommend inputting a lower credit rating than you are likely to receive, to see if you can still repay the loan comfortably at that lower rating. For example, you might want to test that you can repay the loan at an A5 rating. That way if you’re approved for an A1+ rating instead, you will have created a comfortable buffer in your finances.
Why Choose MoneyMe?
MoneyMe is proud to be a responsible lender. This means we are conscious of only approving loans that can be comfortably serviced. We are also very upfront about any fees we might charge, and provide a free personal loan repayment calculator to help you work out what your repayments will be, and whether you will be able to afford them.
We also employ the latest financial technology to make it easier, safer, and faster for you to access money, whenever you need it most.
How Do I Get Started?
Your first step in applying for apersonal loan with MoneyMe is to use the personal loan repayment calculator tool to get an estimate of your regular repayments. If your income comfortably supports these repayments, it is a good indication that the personal loan will be suitable for your situation, and you are more likely to be approved. It that case, you can simply click on the “Apply Now” button to continue the process.
How fast can we send your money?
Instant transfers for most banks
For almost all banks you can expect to have money available in your bank account straight away.
For a handful of smaller banks or credit unions, it may take 1 business day.
Our business hours
Mon to Fri 8am to 9pm
Sat & Sun 9am to 9pm
(Sydney/Melbourne time)
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