Renovate and you could increase the equity in your home with an Aussie Personal Loan.
Apply in less than 15mins. Take action and enjoy the benefits of improving your home.
The confidence of a fixed payment term between 1-7yrs to suit your budget.^
A renovation loan is a personal loan that could help you finance improvements that you want to make to your home.
Accessing equity by topping-up your mortgage is often the first place people look when they need to finance home improvements. But this often takes time and may have significant costs involved. A personal loan may have a number of advantages. Firstly, in terms of approval time, you could apply online in less than 15 minutes and be approved within days.
Secondly, although the interest rate may be higher, short term debt should be compared with long term debt. Paying off a personal loan in between one to seven years, could mean that a lot less will ultimately be paid. Additionally, you do not need to provide trade quotes and documentary evidence with a personal loan, which is handy if a few extras need to be bundled into the loan, like a new TV or a holiday.
Whether you are upgrading a kitchen or bathroom, adding a deck, putting in a pool, improving the garden or buying new furnishings, an Aussie Personal Loan could help.
When comparing renovation loans, consider how a personal loan could help you manage other existing debts as well. An Aussie Personal Loan is a great way to finance your dream renovation and you could consolidate other debts all in one go.
Pool your different debts into one loan, with one regular repayment. It'll save you a load of hassle. It's easy and you could apply online in less than 15 minutes.
^Subject to loan amount and risk assessment.
The Aussie Personal Loan is from Aussie Consumer Finance ("Aussie") with credit provided by Latitude Personal Finance Pty Ltd (ABN 54 008 443 810, Australian Credit Licence number 392163). The Aussie logo is a trademark of AHL Investments Pty Ltd (ABN 27 105 265 861, Australian Credit Licence number 246786). Aussie is a partly-owned subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian Credit Licence 234945.