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Call

1300 004 863

Mon-Fri: 8am-5:45pm
Sat: 9.30am-12pm
(branch hours vary)

Hume Connect (phone banking)

1300 551 619

Fax

F (02) 6051 3255

Email

E [email protected]

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Rates

Need a home loan?

Spend time doing what you love, we'll make it easy and come to you.

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Fixed Home Loans

Rates From:
2.09%^pa

Comparison rate*
2.09%pa

^Terms, conditions and lending criteria apply *Click for important information about comparison rate.

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Variable Home Loans

Rates From^
2.09%^*pa

^Terms, conditions and lending criteria apply *Click for important information about comparison rate.

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Personal Loans

Rates From
5.95%pa

Comparison rate*
6.16%pa

*Click for important information about comparison rate.

Learn More

Personal Credit Cards

Rates From*
11.95%pa

*Interest rate on purchases

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Personal Savings

Base Rate
0.25% p.a.

Bonus Rate Conditions apply.

Learn More

What to think about before applying for a Personal Loan.

Are you eligible to apply for a Personal Loan?

To apply for a personal loan, you will need to be 18 years or older, receive a regular income and be an Australian or New Zealand citizen, an Australian Permanent Resident or have an acceptable Temporary Residency Visa.

Will you be able to afford Personal Loan repayments?

This is a good time to take a look at your current finances and expenses. Make sure you review things like food, shopping and bills that are a part of your regular spending. Our helpful loan repayments calculator can help you to estimate what your personal loan repayments might be and how they could fit with your current budget. 

What's your credit history?

Take the time to review your credit history. Make sure you are keeping up with any other repayments you have (like buy now, pay later services). There are also sites available like Equilfax that offer credit reports. 

What's the difference between secured and unsecured loans?

Secured personal loans generally have lower interest rates and require you to use an asset to secure the loan like a car, motorbike, boat or caravan.

This means that if for some reason you can’t make the repayments on your loan, you may have to give up the asset to help cover the outstanding balance on the loan.

Unsecured loans don’t require assets as security, but they usually have higher interest rates and stricter requirements to qualify. Unsecured loans might be used for holidays, a wedding or another expense.

Still not sure if a Personal Loan could work for you? Book an appointment with one of our lenders who will be happy to chat with you about your options.  

Personal Loan Rates

Product

Interest Rate

Comparison Rate1

Secured Personal Loan*5.95%6.16%
Unsecured Personal Loan9.95%10.17%

Interest rate current as at 7 January 2022 and subject to change without notice.

1WARNING This comparison rate applies only to the examples given and is based on a loan amount of $30,000 over 5 years. 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.

*Hume Bank's Secured Personal Loan can be secured by all registered vehicles aged 5 years and under or a term deposit. Vehicles over 5 years old will receive Hume Bank's Unsecured PL Rate. Loans exceeding a 5 year term will be subject to a negotiated interest rate and comparison rate. All rates quoted are for secured loans apart from Hume Bank's 'Unsecured Personal Loan' which is based on monthly repayments.

When choosing either a personal loan or a credit card, consideration needs to be given to the features of both types of products, including the interest rates, fees and charges and the purpose for which credit is sought. 

Terms, conditions, fees, charges and lending criteria apply to all products. Information is subject to change without notice. 

^To be eligible for the advertised rate, loan applications must be received by 31 March 2022.

Overview

Personal Loans Charges
Application fee $150
Monthly fee $0
Early termination fee $0
Minimum loan amount $2,000
Maximum loan term 5 years
Interest rate Fixed. Calculated daily, charged monthly.
Flexible repayments (weekly, fortnightly or monthly) Yes
Online redraw facility Unlimited Free

To apply for a Hume Bank personal loan you must be 18 years of age or older and a permanent resident/citizen of Australia.

You might also want to consider a Hume credit card as an option to financing your needs. When choosing either a personal loan or a credit card, consideration needs to be given to the amount of credit you require as well as the features of both types of products, including the interest rates, fees and charges and the purpose for which credit is sought.

Fees, charges, terms, conditions and eligibility criteria apply. Please read the General Conditions – Loans and Overdraft Facilities available here for a detailed description of benefits available.  

Terms, conditions, fees, charges and lending criteria apply.

To view the Target Market Determination for this product please visit our Target Market Determinations page.