Get the flexibility you need: Take control of your repayments whenever you like with the ANZ Variable Rate Loan. 

Want to stay ahead: make extra repayments whenever you can2.

Need extra cash: use your extra repayments for whatever you like, no forms, no fees, no fuss1

Apply now 60 second response

ANZ Variable Rate Personal Loan Features

Loan features Description
  • Ability to pay off your loan faster and save on interest costs2
  • Ability to redraw on additional loan repayments you have made1 if the need arises
  • Pay off your loan faster if interest rates go down1
  • Minimum loan amount: $5,000
  • No maximum loan amount set
  • Loan term: From 1 to 7 years (your choice)
  • ANZ Loan Protection3: Optional loan insurance cover for when the unexpected happens. If you choose ANZ Loan Protection, you may qualify for a 0.25% p.a. interest rate discount.
Additional repayments
  • Yes. You have the freedom to make extra re-payments at no extra cost2.
Redraw facility
  • Yes. Redraw allows you to access additional loan payments you have made1.
Fees and charges
  • Loan approval fee: $150, due when the loan is drawn down
  • Loan administration charge: $30, charged every three months, for the previous three months.
Interest rates
How much can I borrow?
  • The maximum amount that you can borrow depends on a number of factors, including how much you earn, the savings you have, your other expenses such as rent and living expenses and the amounts you owe for other loans or credit cards. Calculate how much you can borrow.
Applying for an ANZ Variable Rate Personal Loan is now even easier
Apply online

Apply online 

Submit an online personal loan application and receive a response in only 60 seconds. Apply now.

Call us today

Call us today 

Call a loan specialist now on 1800 339 410, Monday to Friday, 8am to 8pm (AEST). 

What you need to apply

What you’ll need to apply

Find out about personal loan eligibility and what you’ll need to apply. 

All applications for credit are subject to ANZ's credit assessment criteria.

Terms and Conditions available on application. Fees and charges apply.

1. Terms and conditions apply.

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

3. ANZ Loan Protection is underwritten by OnePath Life Limited (OnePath Life) ABN 33 009 657 176 and QBE Insurance (Australia) Ltd ABN 78 003 191 035.

Australia and New Zealand Banking Group Limited (ANZ) (ABN 11 005 357 522) is an authorised deposit taking institution (bank) under the Banking Act 1959 (Cth). OnePath Life is owned by ANZ – it is the co-issuer of the product (along with QBE Insurance (Australia) Limited ABN 78 003 191 035 AFSL 239545) but it is not a bank. Except as set out in the issuer's contract terms (including the Product Disclosure Statement), this product is not a deposit or other liability of ANZ or its related group companies. None of them stands behind or guarantees the issuers. Terms and Conditions apply. View insurance disclaimer and important notes.

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

WARNING: This comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

A Comparison Rate Schedule is available at any ANZ branch or view it online ANZ Comparison Rate Schedule (PDF 64kB).

5. Rate as at loading product data(View current rates) and subject to change.


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