P&N Bank Fixed Unsecured Personal Loan

UnsecuredFixed rate

An unsecured personal loan with a fixed rate and choice of loan term. Whether it's a car, home improvements or a dream holiday, P&N have you covered.

Monthly repayment

$20,000 over 3 years

What it would cost

At the lowest published rate of 9.74%. The rate you are offered depends on your circumstances, and the establishment fee is not included.

BorrowOver

Against the other unsecured personal loans we compare. Typical means the middle half of them.

Comparison rate

10.37%

From 10.37%. A typical loan starts at 10.56%.

Cost of $20,000 over 5 years

$5,542

Interest and fees at its starting rate. Typical is $5,455.

Setup fee

$199

A typical setup fee is $213.

Most you can borrow

$100,000

Typically you can borrow up to $50,000.

Longest term

7 years

7 years is the usual longest term.

One rate for everyone. Everyone approved gets 9.74%, so the rate you see is the rate you get.
Room to borrow more. Up to $100,000, more than the typical $50,000, which can cover bigger costs in one loan.
A fixed rate. Your repayments stay the same for the whole loan, which makes it easier to budget.
No security needed. Your car or home isn't at risk if things go wrong, though missed repayments still hurt your credit report.
Extra repayments. Paying more than the minimum pays the loan off sooner and cuts the interest you pay.
Redraw. You can take back extra repayments later if you need the money.
No early repayment fee listed. You can pay the loan off early, or refinance, without a penalty. Check the terms to be sure.

Unsecured loans from other lenders that start at a similar comparison rate.