CommBank
Unsecured Fixed Rate Personal Loan
Take control of your next step with a flexible CommBank Fixed Rate Personal Loan that puts you in charge.
Personal loansBank updated 23 Sept 2026
At a glance
- Fixed
- 7.25% · 10.48% comparison
- Upfront fee
- $0
- Monthly fee
- $15
§ 01 — Rates · 23
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| DiscountTo qualify for the energy-efficient discount, you must use your personal loan to buy or install eligible products. Your interest rate will be based on a number of factors, including the information y… | P&I | — | — | 7.24% | 8.29% | Energy-Efficient Discount Rate 7.24% to 8.74% |
| DiscountTo qualify for the energy-efficient discount, you must use your personal loan to buy or install eligible products. Your interest rate will be based on a number of factors, including the information y… | P&I | — | — | 8.74% | 9.77% | Energy-Efficient Discount Rate 7.24% to 8.74% |
| FixedMinimum rate 7.25%, 1 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. Interest rates at the lowe… | P&I | 1 yr fixed | — | 7.25% | 10.48% | — |
| FixedRepresentative rate 16.25%, 1 year loan term. At least half of our approved customers will receive the representative rate, or lower. It may not be the actual rate you receive. Your interest rate wil… | P&I | 1 yr fixed | — | 16.25% | 19.25% | — |
| FixedMaximum rate 22.25%, 1 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. We'll confirm your actual… | P&I | 1 yr fixed | — | 22.25% | 25.11% | — |
| FixedMinimum rate 7.25%, 2 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. Interest rates at the lowe… | P&I | 2 yrs fixed | — | 7.25% | 10.48% | — |
| FixedRepresentative rate 16.25%, 2 year loan term. At least half of our approved customers will receive the representative rate, or lower. It may not be the actual rate you receive. Your interest rate wil… | P&I | 2 yrs fixed | — | 16.25% | 19.25% | — |
| FixedMaximum rate 22.25%, 2 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. We'll confirm your actual… | P&I | 2 yrs fixed | — | 22.25% | 25.11% | — |
| FixedMinimum rate 7.25%, 3 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. Interest rates at the lowe… | P&I | 3 yrs fixed | — | 7.25% | 10.48% | — |
| FixedRepresentative rate 16.25%, 3 year loan term. At least half of our approved customers will receive the representative rate, or lower. It may not be the actual rate you receive. Your interest rate wil… | P&I | 3 yrs fixed | — | 16.25% | 19.25% | — |
| FixedMaximum rate 22.25%, 3 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. We'll confirm your actual… | P&I | 3 yrs fixed | — | 22.25% | 25.11% | — |
| FixedMinimum rate 7.25%, 4 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. Interest rates at the lowe… | P&I | 4 yrs fixed | — | 7.25% | 8.30% | — |
| FixedRepresentative rate 16.25%, 4 year loan term. At least half of our approved customers will receive the representative rate, or lower. It may not be the actual rate you receive. Your interest rate wil… | P&I | 4 yrs fixed | — | 16.25% | 17.18% | — |
| FixedMaximum rate 22.25%, 4 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. We'll confirm your actual… | P&I | 4 yrs fixed | — | 22.25% | 23.12% | — |
| FixedMinimum rate 7.25%, 5 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. Interest rates at the lowe… | P&I | 5 yrs fixed | — | 7.25% | 8.30% | — |
| FixedRepresentative rate 16.25%, 5 year loan term. At least half of our approved customers will receive the representative rate, or lower. It may not be the actual rate you receive. Your interest rate wil… | P&I | 5 yrs fixed | — | 16.25% | 17.18% | — |
| FixedMaximum rate 22.25%, 5 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. We'll confirm your actual… | P&I | 5 yrs fixed | — | 22.25% | 23.12% | — |
| FixedMinimum rate 7.25%, 6 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. Interest rates at the lowe… | P&I | 6 yrs fixed | — | 7.25% | 8.30% | — |
| FixedRepresentative rate 16.25%, 6 year loan term. At least half of our approved customers will receive the representative rate, or lower. It may not be the actual rate you receive. Your interest rate wil… | P&I | 6 yrs fixed | — | 16.25% | 17.18% | — |
| FixedMaximum rate 22.25%, 6 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. We'll confirm your actual… | P&I | 6 yrs fixed | — | 22.25% | 23.12% | — |
| FixedMinimum rate 7.25%, 7 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. Interest rates at the lowe… | P&I | 7 yrs fixed | — | 7.25% | 8.30% | — |
| FixedRepresentative rate 16.25%, 7 year loan term. At least half of our approved customers will receive the representative rate, or lower. It may not be the actual rate you receive. Your interest rate wil… | P&I | 7 yrs fixed | — | 16.25% | 17.18% | — |
| FixedMaximum rate 22.25%, 7 year loan term. Your interest rate will be based on a number of factors, including the information you provide and our assessment of your application. We'll confirm your actual… | P&I | 7 yrs fixed | — | 22.25% | 23.12% | — |
§ 02 — Fees · 5
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Early repayment adjustment | Exit | $15 | — | To cover reasonable administrative costs and estimated losses incurred by CBA as a result of you closing your fixed term loan early. This fee will not exceed the reasonable administrative costs and e… |
| Late payment fee | Late payment | $20 | — | May be payable on the fifth business day after the repayment due date if at the end of the previous business day your loan is in arrears. |
| Settlement cheque fee | Other | $15 | — | Cheques provided to help you pay different recipients with your loan borrowings. |
| Loan service fee | Periodic | $15 | Every 1 mo | Monthly charge to cover costs of keeping account active. |
| Establishment Fee | Upfront | No fee | — | Upfront cost payable when accepting a loan. |
§ 03 — Features
Extra repaymentsDigital banking
- · 1 to 7 years.
- · Interest is fixed so you know what your repayments will be for the life of the loan.
- · Pay weekly, fortnightly or monthly via direct debit. If you pay by any other means, your repayments will be monthly.
- · Security is not required for this loan type.
- · You may be eligible for same day funding if you're approved, accept your contract and complete verification by 4pm Monday to Friday (Sydney/Melbourne time). Subject to credit checks and assessment of…
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Must live in Australia and be either: an Australian citizen, an Australian permanent resident (permanent visa sub class holder), a New Zealand citizen, or eligible non-resident visa holder.
- · Available to individuals
- · Minimum balance $4,000
- · Individuals must be eligible to work in Australia
- · Individuals must be employed or receive regular income
- · Individuals must have a good credit rating
- · Individuals must not be going through the process of bankruptcy
- · Meet CBA's credit assessment criteria which includes demonstrating the capacity to make the required repayments on the credit facility without substantial hardship.
- · The maximum number of borrowers eligible to apply per application is one.
§ 06 — Run the numbers
Put this product through a calculator
Published by CommBank under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.