Community First Bank Fixed-Rate Personal Loan for Aussies, $3,000 to $35,000, 9.99% p.a., no early repayment fee and fast approval
Community First Bank fixed-rate personal loan at 9.99% p.a. for Aussies, borrow $3,000 to $35,000 with fast approval, flexible repayments, redraw and no early repayment fee
Overview of the Community First Bank fixed personal loan
The Community First Bank fixed personal loan is a straightforward borrowing option for Aussies who want certainty in repayments. You can borrow from $3,000 to $35,000 at a fixed rate of 9.99% p.a., which makes budgeting simple and predictable.
This fixed-rate personal loan is unsecured, so there’s no need to offer property or other collateral. With a clear comparison rate and transparent fees, it’s designed for everyday Australians looking for a budget-friendly credit solution.
Key features, fees and what to expect
Core features include a fixed interest rate of 9.99% p.a. and a comparison rate of 11.02% p.a., plus a one-off loan processing fee of $249. The absence of an early repayment fee is a standout benefit for people who want to pay off debt faster.
Repayment frequency can be weekly, fortnightly or monthly to match typical Aussie pay cycles. The product also offers a redraw facility, letting you access extra repayments if you need cash flow flexibility later on.
Repayments, redraw and managing your loan
The fixed repayments make it easy to plan household budgets and long-term expenses. Choosing fortnightly repayments can reduce interest over time and aligns well with common pay schedules for many Australians.
Redraw gives you the option to withdraw surplus funds if you’ve made extra repayments, while no early repayment fee means you can clear the loan early without penalty. That combination suits those who want control over their finances without surprises.
Who this loan suits and how to apply
This Community First Bank fixed personal loan suits borrowers who need predictable costs and value flexible repayment options. It’s a solid pick for consolidating higher-rate debts, funding a car, or covering family and home expenses across Australia.
Applications can be completed online or at a branch, with fast approval times for eligible applicants. Check eligibility, gather ID and proof of income, and compare the fixed-rate personal loan with other options to ensure it’s the best fit for your financial goals.