Can you guess the top honeymoon destination for loved-up Aussies?

Whether it’s a taking up a new hobby or putting more cash away for a rainy day, every Aussie has something they want to do in the new year.

But if you’re planning to walk down the aisle in 2019, you may have already started doing your research on what you want for your big day, including the location.

Destination weddings have become more trendy over the last few years, with couples flocking to different parts of the world to say ‘I do’.

And according to new research from travel search engine, KAYAK, it appears that Melbourne has become the top domestic destination to tie the knot, followed by Sydney, Brisbane, the Gold Coast and Perth.

RELATED: 5 expert tips to help you prevent a summer renovation disaster

But what’s a wedding without a honeymoon?

The data also revealed that Bali has taken out the top spot as the number one honeymoon destination for Aussies, recording a year-on-year search volume increase by 80%.

And while Aussies flock to Bali to soak up the sun, sea and culture, it appears that Tokyo is also becoming a popular destination as it was recorded as being the top trending international honeymoon destination with a year-on-year search increase of 169%.

RELATED: Two million Aussies now have solar panels, here’s how you can get your own

The latest wedding trend

With Aussies picking and planning their dream destinations, a question many couples may encounter is how they plan to pay for it all.

If recent RateSetter research is anything to go by, the latest way to pay is with a low rate personal loan.

According to the peer-to-peer lender, 40% of RateSetter customers had taken out a personal loan to avoid using their credit card.

Unlike high interest credit cards, personal loans generally come with lower rates and set repayments.

“Demand for personal loans for wedding expenses is growing as Aussies become more savvy with how to finance their big day. By offering a better, smarter choice for navigating personal finance through a low-rate personal loan, we want to help couples avoid high-interest debt,” said RateSetter CEO, Daniel Foggo.

So if you’re planning to be walk down the aisle in the new year and think a low rate personal loan might be right for you, you can head on over to our personal loan comparison tool or check out some current offers down below.

5 low rate wedding loans for your big day - last updated 16 April 2024

Search promoted personal loans below or do a full Mozo database search. Advertiser disclosure
  • Mozo Expert Choice Badge
    Unsecured Personal Loan

    Fixed

    interest rate
    comparison rate
    Monthly repayment
    6.75% p.a.to 26.95% p.a.
    6.75% p.a.to 26.95% p.a.based on $30,000
    over 5 years

    Borrow up to $50,000 unsecured. Perfect if you earn more than $22,100 p.a. and have good to excellent credit. Multi-year winner of Mozo’s Experts Choice Unsecured Personal Loan Award, 2021, 2022, 2023 & 2024^'

    Repayment terms from 2 years to 7 years. Representative example: a 5 year $30,000 loan at 6.75% would cost $35,430.23 including fees.

    Compare
    Details
  • Unsecured Personal Loan

    Fixed

    interest rate
    comparison rate
    Monthly repayment
    5.76% p.a.to 24.03% p.a.
    6.55% p.a.to 24.98% p.a.based on $30,000
    over 5 years

    Fast, easy and 100% online, this is a low cost loan with no ongoing fees or extra repayment penalties. It's perfect for savvy borrowers with great credit. If you’re over 18 and earn above $30,000, you could qualify (other eligibility criteria may apply).

    Repayment terms from 3 years to 7 years. Representative example: a 5 year $30,000 loan at 5.76% would cost $35,173.52 including fees.

    Compare
    Details
  • Debt Consolidation Loan

    interest rate
    comparison rate
    Monthly repayment
    5.76% p.a.to 24.03% p.a.
    6.57% p.a.to 24.99% p.a.based on $30,000
    over 5 years

    Roll multiple debts into one loan to streamline your finances with one set of repayments and one interest rate. Competitive fixed interest rates with no monthly or early repayment fees and flexible repayment options. Easy online application and funding in as little as 24 hours (subject to approval).

    Repayment terms from 3 years to 7 years. Representative example: a 5 year $30,000 loan at 5.76% would cost $35,173.52 including fees.

    Compare
    Details

* WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. 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.

^See information about the Mozo Experts Choice Personal Loan Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.