Summerland
Personal Loan
Competitive, flexible and great for helping you get what you want sooner.
Personal loansBank updated 23 Sept 2026
At a glance
- Variable
- 6.99% · 7.59% comparison
- Loan size
- $3,000 to $100,000
- Upfront fee
- $350
- Monthly fee
- $10
§ 01 — Rates · 4
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableSecure your loan with cash to receive a reduced rate. | P&I | — | — | 6.99% | 7.59% | — |
| VariableA loan for environmentally friendly purposes. | P&I | — | — | 7.34% | 7.52% | — |
| VariableUse the value in your home for a personal loan at a reduced rate. | P&I | — | — | 8.44% | 9.03% | — |
| VariableGeneral purpose Personal Loan ($3,000 & above) | P&I | — | — | 11.24% | 13.48% | — |
§ 02 — Fees · 7
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Contract Variation/Consent Fee | Event | $175 | — | — |
| QuickDebit Dishonour Fee | Event | $15 | — | — |
| Loan Administration Fee | Periodic | $5 | Every 1 mo | — |
| Loan Administration Fee | Periodic | $5 | Every 1 mo | A loan for environmentally friendly purposes. |
| Redraw Fee | Transaction | $25 | — | — |
| Guarantee Establishment Fee | Upfront | $175 | — | — |
| Loan Establishment Fee | Upfront | $175 | — | A loan for environmentally friendly purposes. |
§ 03 — Features
RedrawExtra repaymentsGuarantor optionInstant paymentsPayIDDigital banking
- · Save on paper, receive and view your statements online with eStatements.
§ 04 — Eligibility & limits
- · Minimum age 17
- · Residency: A Permanent Australian Resident including those working overseas.
- · Available to individuals
- · Amount $3,000 to $100,000
- · Lending criteria apply.
§ 05 — Compare
§ 06 — Run the numbers
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Published by Summerland Bank 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.