5,79 % p.a. is the minimal comparison rate under the best low rate personal loans for 1 year01.05.2020
Bankchart.com.au has surveyed the terms of the offered best low rate personal loans for 1 year in the national currency. Our website's analysts have studied the loan offers from all Australian banks. Review date - 01.05.2020
As of 29 April 2020 the loans under review have been offered by 15 banks. The average comparison rate under such loans equals 14,06 % p.a. The total number of the loan programs available for the specified loan terms is 26.
The most affordable personal loan is offered by Police Bank. The comparison rate under "Green Loan" loan program constitutes 5,79 % p.a. The table below shows the best offers by each bank selected by Bankchart.com.au (in terms of costs) for the aforementioned terms.
The TOP-15 loan programs for 1 year, as of 29 April 2020
#
Name
Interest Rate, %
2
4,95
interest rate, %
interest rate
4,95
one-time fees
$ 125,00
periodic fees
no
3
8,89
interest rate, %
interest rate
8,89
one-time fees
no
periodic fees
no
4
4,69
interest rate, %
interest rate
4,69
one-time fees
$ 200,00
periodic fees
$ 5,00, monthly
5
8,75
interest rate, %
interest rate
8,75
one-time fees
$ 90,00
periodic fees
no
6
7,89
interest rate, %
interest rate
7,89
one-time fees
$ 150,00
periodic fees
no
7
8,50
interest rate, %
interest rate
8,50
one-time fees
$ 150,00
periodic fees
$ 5,00, monthly
10
7,79
interest rate, %
interest rate
7,79
one-time fees
$ 250,00
periodic fees
$ 5,00, monthly
11
8,49
interest rate, %
interest rate
8,49
one-time fees
$ 195,00
periodic fees
$ 12,00, monthly
12
8,49
interest rate, %
interest rate
8,49
one-time fees
$ 195,00
periodic fees
$ 12,00, monthly
13
8,49
interest rate, %
interest rate
8,49
one-time fees
$ 195,00
periodic fees
$ 12,00, monthly
14
12,45
interest rate, %
interest rate
12,45
one-time fees
$ 150,00
periodic fees
$ 30,00, every 3 months
15
12,69
interest rate, %
interest rate
12,69
one-time fees
$ 150,00
periodic fees
$ 10,00, monthly
To view the up-to-date rating of the personal loans at our website, click here.
Reference:
Comparison Rate means quoted interest rate adjusted subject to non-recurring and periodical fee, if applicable.
Published: 01 May 2020
Author: Prostobank Consulting
Source: https://bankchart.com.au