Rates and fees verified as correct at 18 September, 2021. Other information correct at the time of writing. Advertiser disclosure.
|Product||Interest rate from||Comparison rate from||Upfront fee|
|Green Loan (Fixed, Unsecured)|| |
6.36% p.a.based on $30,000
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|Personal Loan (Fixed, Unsecured)|| |
5.96% p.a.based on $30,000
|Go to site|
Handypay Personal Loan
Renovations can be costly. But that’s where the Handypay Personal Loan can give you the leg up you need to achieve your home improvement dreams. This fixed loan allows customers to borrow up to $75,000 to fund changes to the interior or exterior of their homes. Plus, there’s plenty of choice when it comes to this loan, including a range of loan terms from 1 to 7 years as well as the option to make weekly, fortnightly or monthly repayments.
Want to pay down your loan ahead of time? With Handypay you can as there are free extra repayments and no early repayment penalty. Just bear in mind though, there is no redraw facility on this loan so you cannot access your additional repayments once they have been put towards the loan. There are also minimal fees attached to this product, however there is an upfront application cost straight off the bat.
The Handypay Personal Loan is an unsecured loan, meaning you don’t need to put up any assets as collateral.
Handypay Green Loan
Is your house going green? Look no further than the Handypay Green Loan. This product is designed to fund things like solar panels, battery storage, inverters, solar heating and cooling, rainwater tanks, energy efficient renovations and more.
Customers can borrow anywhere from $2,001 to $75,000 for their eco-friendly initiatives, as well as choose a loan term from 1 to 10 years. This fixed rate loan comes with a bunch of flexible repayment features too, such as free extra repayments and the option of a weekly, fortnightly or monthly repayment schedule.
Just bear in mind, like the Handypay Personal Loan there is also no redraw facility attached to this green loan option. And while there is no early repayment penalty if you pay down your loan ahead of time, make sure you budget for an upfront application cost.
Repayment flexibility: Both loans offered by Handypay allow borrowers to choose from a weekly, fortnightly or monthly repayment schedule. This enables borrowers to decide what repayment frequency suits them, in terms of things like when they get paid.
Extra repayments facility: Handypay offers free extra repayments on its personal loan offerings to help borrowers pay down their loan sooner. This means, on top of regular repayments, customers can put additional funds towards their loan whenever they like.
No early repayment penalty: On top of free extra repayments, Handypay also doesn’t charge an early repayment penalty on its personal loans. So if you pay down your loan ahead of time, there’s no extra cost to you for doing so.
If Handypay sounds like the right lender for you, it’s time to apply! The application process is all online, you’ll just need to have the following information handy:
Your personal details
Identification documents (such as a driver’s licence or passport)
Income information and employment status
Handypay will also ask for your consent to access your credit report for the purposes of providing you with a rate quote.