Personal loan comparison table - Personal lending

Personal loan comparison table

Compare the different loan features below and choose the ANZ Personal Loan that suits you best:

Key features	ANZ Variable Rate Personal Loan	ANZ Fixed Rate Personal Loan	ANZ Graduate Loan
Product overview	Use your loan to pay for just about anything, whether it's debt consolidation or a car. You choose the amount (over $5,000), the term and the payment frequency. You have the freedom to increase your repayments at any time. This means you can pay off your loan faster and save on interest costs¹.	With a fixed interest rate for the term of your loan, you always know exactly how much your payments are. What's more, with ANZ's competitive interest rate you could save money on interest too!	If you're a final year student or have recently graduated from a tertiary institution and want a simple loan to help set yourself up for your working life, this may be the ANZ Personal Loan you're looking for.
Loan term	From 1 to 7 years	From 1 to 7 years	From 1 to 7 years
Minimum loan amount	$5,000	$5,000	$5,000
Maximum loan amount	No maximum loan amount set	No maximum loan amount set	No maximum loan amount set
Interest rate	Variable Interest rate	Fixed Interest rate	Variable Interest rate
Repayment frequency	You can choose to pay weekly, fortnightly or monthly - whatever suits your budget.
Repayment options	ANZ Internet Banking ANZ Phone Banking ANZ Mobile Phone Banking Set up automatic repayments from your ANZ account or from another financial institution. At any ANZ branch.	ANZ Internet Banking ANZ Phone Banking ANZ Mobile Phone Banking Set up automatic repayments from your ANZ account or from another financial institution. At any ANZ branch.	ANZ Internet Banking ANZ Phone Banking ANZ Mobile Phone Banking Set up automatic repayments from your ANZ account or from another financial institution. At any ANZ branch.
Additional repayments	You have the freedom to make extra repayments at any time, at no extra cost. This means you can pay off your loan faster and save on interest costs.	Yes. Fees and charges will apply. Fees and charges	You have the freedom to make extra repayments at any time, at no extra cost. This means you can pay off your loan faster and save on interest costs.
Redraw facility	Yes. Redraw allows you to access additional loan payments you have made. A redraw fee of $25 applies. The minimum redraw is $500.	Not available	Not available
ANZ Loan Protection² (optional)	ANZ Loan Protection² can offer you peace of mind should the unexpected happen. If you choose to protect your loan with ANZ Loan Protection, you may qualify for a 0.25% p.a. interest rate discount. ANZ Variable Rate Personal Loans	ANZ Loan Protection² can offer you peace of mind should the unexpected happen. If you choose to protect your loan with ANZ Loan Protection, you may qualify for a 0.25% p.a. interest rate discount. ANZ Fixed Rate Personal Loans	Not available
Loan Approval Fee	$150 covers application and loan establishment costs.	$150 covers application and loan establishment costs.	$150 covers application and loan establishment costs.
Loan Administration Charge	$30 quarterly fee	$30 quarterly fee	$30 quarterly fee

1. A Deferred Establishment Fee will apply if you repay your Variable Rate Loan within 12 months of the date of advance.

2. ANZ Loan Protection is underwritten by ING Life Limited ABN 33 009 657 176 and QBE Insurance (Australia) Ltd ABN 78 003 191 035. Terms and Conditions apply.View insurance disclaimer and important notes.