Consolidating personal loans
Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history.
Actual repayments will depend on your individual circumstances and interest rate changes.
Estimate your Rate and Payment to find a payment that fits your budget.
Before you apply, we encourage you to carefully consider whether consolidating your existing debt is the right choice for you.
Full comparison rate schedules are available from lenders.
Ones to look for include free extra repayments, free redraws and flexible repayment frequency. With variable rate loans your interest rate will go up and down with the market.
You'll need to have some flexibility in your monthly budget to ensure that if rates go up, you'll be able to afford the repayments.
You can use our loan repayment calculator to see how different terms could affect your monthly payments.
To make consolidating your debts worthwhile you need to find a loan that offers a cheaper interest rate than you are currently paying.