Compare personal loans with BrokerFi's personal loan calculator.
Calculate your repayments and compare interest rates from 40+ lenders, with instant results and no impact to credit file.
Personal loan options
Finance for the moments that matter.
Whether you are consolidating, improving, travelling or covering a major expense, BrokerFi can help you compare personal loan options.
Consolidating debt
For customers wanting to combine multiple debts into one personal loan repayment.
Home improvements
Compare personal loan options for renovations, upgrades, repairs or furnishing projects.
Travel and events
Plan ahead for holidays, weddings, celebrations or other meaningful life moments.
Major expenses
Get guidance on borrowing for large purchases, medical costs or planned personal expenses.
How BrokerFi helps
A simpler way to compare personal finance.
We make it easier to compare personal loan options and understand what lenders may need before you apply.
Compare lenders
We help you look across suitable lenders rather than relying on one option.
Understand repayments
Get clearer visibility over possible terms, repayments and lender requirements.
Apply with confidence
Our process is designed to be credit-file conscious and easy to understand.
Get broker support
Speak with an expert Australian finance broker about your personal loan needs.
Understanding rates
How personal loan interest rates work
Your credit score plays the biggest role in the rate you're offered. Generally, the higher your score, the better the rate available to you. Lenders also look at stability, including how long you've been in your job and your current home, and whether you own your home. The amount you want to borrow and your loan term matter too, but credit history carries the most weight in most lender assessments.
Beyond your credit score, lenders look closely at your financial conduct: have previous loans and credit cards been paid on time? They'll also look for red flags like large or frequent cash withdrawals, gambling transactions, or use of payday lenders, as these can signal financial stress. A clean conduct history, even with an average credit score, can make a real difference to your approval and the rate you're offered.
What affects your rate
- Your credit score: the strongest factor
- Job and address stability
- Whether you own your home
- The amount and term you're borrowing
What lenders check
- On-time repayment history
- Large or unusual cash withdrawals
- Gambling transactions
- Use of payday loans
Compare personal loans with BrokerFi
Compare personal loan options for debt consolidation, renovations, travel, weddings and major expenses with BrokerFi. Clear guidance from a Melbourne-based finance broker.
Our lenders
Eligibility and documents
Know what lenders may look for.
Every lender is different, but these are common features, eligibility points and documents for personal loan applications.
Loan features
- Borrow for debt consolidation, renovations, travel, weddings or major expenses
- Compare secured and unsecured options where available
- Flexible repayment terms depending on lender assessment
- Guidance on rates, repayments and documents before applying
Eligibility
- Australian residents aged 18+
- Visa applicants accepted, excluding student, temporary and bridging visas
- Regular income from employment, self-employment or pension
- Credit history and affordability assessed by the lender
Documents
- ID documents such as licence and Medicare
- Payslips or proof of income
- Recent bank statements
- Extra documents may be requested depending on the application
FAQs
Common questions about personal loans.
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