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PromotedOurMoneyMarket
From
From
From
  • 0.15% p.a. rate discount for Canstar customers with A++ credit, as determined by OMM’s scorecard. Apply by 30 June for $5k-$100k. No early exit fees. T&Cs apply.
  • Application fee: $0
  • Annualised fee: $0
  • Loan terms available: 1 year to 7 years
Fees & charges apply, Australian Credit Licence 488228
PromotedRevolut
From
From
From
  • Check out our recently reduced rates, with comparison rates starting from 6.99% p.a., and no ongoing, early repayment or exit fees. Get a personalised price quote.
  • Application fee: $0
  • Annualised fee: $0
  • Loan terms available: 5 years
Fees & charges apply, Australian Credit Licence 517589
PromotedHarmoney
From
From
From
  • Get Your Fast Personal Loan Quote Now. 100% online
  • Fast quote. No account required.
  • Won't affect your credit score. GET YOUR RATE NOW.
  • Application fee: $0
  • Annualised fee: $0
  • Loan terms available: 3 years to 7 years
Fees & charges apply, Australian Credit Licence 474726
PromotedNOW Finance
From
From
From
  • No specials here. We can't waive fees because we have none. NOW Finance personal loans have no fees, no tricks and no surprises.
  • Application fee: $0
  • Annualised fee: $0
  • Loan terms available: 18 months to 7 years
Fees & charges apply, Australian Credit Licence 425142
Refine your rates with your credit score
See your results
Harmoney
From
From
From
  • Application fee: $0
  • Annualised fee: $0
  • Loan terms available: 3 years to 7 years
Fees & charges apply, Australian Credit Licence 474726
NOW Finance
From
From
From
  • Application fee: $0
  • Annualised fee: $0
  • Loan terms available: 18 months to 7 years
Fees & charges apply, Australian Credit Licence 425142
OurMoneyMarket
From
From
From
  • Application fee: $0
  • Annualised fee: $0
  • Loan terms available: 1 year to 7 years
Fees & charges apply, Australian Credit Licence 488228
Revolut
From
From
From
  • Application fee: $0
  • Annualised fee: $0
  • Loan terms available: 5 years
Fees & charges apply, Australian Credit Licence 517589
OurMoneyMarket
From
From
From
  • Application fee: $375 up to $1500
  • Annualised fee: $0
  • Loan terms available: 1 year to 7 years
Fees & charges apply, Australian Credit Licence 488228
MONEYME
From
From
From
  • Application fee: $0
  • Annualised fee: $120
  • Loan terms available: 3 years to 7 years
Fees & charges apply, Australian Credit Licence 442218
OurMoneyMarket
From
From
From
  • Application fee: $375 up to $1500
  • Annualised fee: $0
  • Loan terms available: 1 year to 7 years
Fees & charges apply, Australian Credit Licence 488228
ING
From
From
From
  • Application fee: $199
  • Annualised fee: $96
  • Loan terms available: 2 years to 7 years
Fees & charges apply, Australian Credit Licence 229823
Latitude
From
From
From
  • Application fee: $395
  • Annualised fee: $198
  • Loan terms available: 2 years to 7 years
Fees & charges apply, Australian Credit Licence 392145
Latitude
From
From
From
  • Application fee: $395
  • Annualised fee: $198
  • Loan terms available: 2 years to 7 years
Fees & charges apply, Australian Credit Licence 392145

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Unsure of a term in the above table?

The initial results in the table above are sorted by Comparison rate* p.a. (Low-High), Interest Rate p.a. (Low-High), then Provider Name (Alphabetical). Additional filters may have been applied, which impact the results displayed in the table - filters can be applied or removed at any time.

Personal Loan Repayments

Representative example total repayment amount: For a personal loan of $20,000 borrowed for 60 months with a minimum interest rate of 9.84% (comparison rate^ of 10.87%), the total amount you would need to repay would be $25,551. This is made up of a $20,000 principal amount, $5,402 interest amount, estimated upfront fees of $149 and total ongoing fees of $0. This example is hypothetical. The total loan repayment amount for any individual personal loan will vary depending on several factors (including making on time repayments). You should confirm with the lender the total amount repayable for your particular circumstances.

Sponsored
OurMoneyMarket

  • Interest rate p.a.
  • Comparison rate^ p.a.
  • Canstar Exclusive: 0.15% p.a. rate discount for Canstar customers with A++ credit, as determined by OMM’s scorecard.
  • Apply by 30 June for $5k-$100k.
  • No early exit fees. T&Cs apply.
  • Interest rates displayed are 'from' price, rates can vary according to personal circumstances

Australian Credit Licence 488228 | See Terms & Conditions | ^ Comparison Rate Warning

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We do not compare all brands in the market, or all products from our participating brands. At times certain brands or products may not be available or offered to you. Learn more.

Why compare $25,000 personal loans with Canstar?

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Get more accurate results

Take the guesswork out of your search. By checking your eligibility upfront, we filter out the noise to show you loans you’re more likely to qualify for.

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No credit score impact

Most lenders base their interest rates on your credit history. We help you see where you stand and provide results based on your current credit score, giving you greater insights without penalty.

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Compare loans from multiple lenders

We bring together loans from +10 lenders to show you more precise rates, so you can make an informed choice before you apply.

How to compare $25,000 personal loans

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Personal loan tips from our experts

The ‘real’ cost is in the comparison rate

When comparing personal loans, don't just look at the interest rate. The comparison rate factors in interest costs and most fees, painting a picture of what you might actually pay each year.

Look for features, not just a low rate

The right loan should fit your life, not just your budget. Understand if you’d use features like fee-free extra repayments or a redraw facility–these could help you pay off debt faster and save on interest.

Protect your score while you shop

Every personal loan application can leave a 'hard' mark on your credit report. To protect your score, only apply for loans you’re confident you want and qualify for.

Guide to $25,000 personal loans

Can you borrow $25,000 with a personal loan?

Yes, you can apply for a $25,000 personal loan with most banks and lenders in Australia. All of the big four banks offer unsecured personal loans for this amount. It’s important to remember, though, that applying doesn’t guarantee you'll be approved, as you will need to show your lender that you have the ability to repay your loan. 

As with all personal loans, $25,000 loans can be secured, meaning that you put up an asset you own as collateral, or unsecured. An unsecured loan doesn’t require an asset to be tied to it and will often charge a higher interest rate as a result. The loans shown in the table above are unsecured. 


How much does a $25,000 loan cost?

To work out if you can afford a $25,000 personal loan, consider using a personal loan repayment calculator. Simply enter the loan’s details, including:

  • The loan principal (how much money you’re borrowing, $25,000 for instance)
  • The loan term (how long you want to take to repay the loan)
  • The interest rate (how much you’ll pay the lender to provide the loan)
  • How often you’ll make repayments (monthly, fortnightly, or weekly)

Small changes to any of these details can have a huge knock-on effect on your personal loan's cost, month-to-month and in total.


How can you use a $25,000 personal loan?

By borrowing $25,000, you may be able to: 

Keep in mind that the more money you borrow, the more interest you may need to pay. If you want a lower interest rate than you're currently eligible for, you might choose a secured personal loan or work to improve your credit score before applying.


What is the application process for a $25,000 personal loan?

While every lender’s application process may be slightly different, you can usually expect to take the following steps to apply for a $25,000 personal loan:

  1. Compare personal loans: Look at each offer’s interest rates, fees, features, and benefits.
  2. Calculate the costs: Use a personal loan calculator to estimate the loan’s repayments and total cost.
  3. Contact the lender: You can typically apply for a personal loan online or in person. 
  4. Provide paperwork: A lender may ask for your identification documents, as well as information on your income, expenses, debts, and financial situation.

Remember, the more you want to borrow, the stricter the lender’s requirements may be. 

Having a good credit score could help improve your chance of approval, as could taking out a secured personal loan. This is where an asset you own (like your car or home) acts as collateral–if you default on your repayments, the lender can repossess and sell your security to recover the money. A secured loan could also help lower your loan’s interest rate, as it helps reduce the lender’s financial risk. 

If your personal loan application is declined, you can contact the lender to find out what the issue was. Try to avoid applying again immediately, or applying for multiple loans at once, as this could risk crashing your credit score.


FAQs about $25,000 personal loans

About our personal loan experts

Brooke Cooper is Canstar’s Finance Editor, leading the team’s coverage of home loans, consumer finance, and economics. With years of specialist experience, she dedicates herself to helping Australian households feel empowered about managing their money. Her work and expertise have appeared across a variety of comparison industry sites and media outlets including Yahoo Finance, ABC Radio, and The Motley Fool. Brooke holds a Bachelor of Communication, specialising in journalism and international studies, from Charles Sturt University. When she’s not keeping a close eye on the RBA cash rate or property trends, she loves getting out into nature, picnicking in the park with her dog, and window shopping in antique stores. You can follow Brooke on LinkedIn.

Alasdair Duncan is Canstar's Deputy Finance Editor, specialising in home loans, property and lifestyle topics. He has written more than 500 articles for Canstar and his work is widely referenced by other publishers and media outlets, including Yahoo Finance, The New Daily, The Motley Fool and Sky News. He has featured as a guest author for property website homely.com.au. In his more than 15 years working in the media, Alasdair has written for a broad range of publications.

Before joining Canstar, he was a News Editor at Pedestrian.TV, part of Australia’s leading youth media group. His work has also appeared on ABC News, Junkee, Rolling Stone, Kotaku, the Sydney Star Observer and The Brag. He has a Bachelor of Laws (Honours) and a Bachelor of Arts with a major in Journalism from the University of Queensland, and has completed a RG146 compliance training course. When he is not writing about finance for Canstar, Alasdair can probably be found at the beach with his two dogs or listening to podcasts about pop music. You can follow Alasdair on LinkedIn.

Important Information

For those that love the detail

This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.