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OurMoneyMarket Low Rate Personal Loan

Advertiser disclosure
The details shown below are for a fixed loan between $2,001 and $75,000
The details shown below are for a fixed loan between $2,001 and $75,000
The details shown below are for a fixed loan between $2,001 and $75,000
The details shown below are for a fixed loan between $2,001 and $75,000

Choose the version of this loan that suits you best

Loan type Name Min loan amount Max loan amount
Fixed Low Rate Personal Loan (Excellent Credit) (Fixed, Unsecured) $2,001 $75,000
Fixed Low Rate Personal Loan (Very Good Credit) (Fixed, Unsecured) $2,001 $75,000
Fixed Low Rate Personal Loan (Good Credit) (Fixed, Unsecured) $2,001 $75,000
Fixed Low Rate Personal Loan (Average Credit) (Fixed, Unsecured) $2,001 $75,000
  • Loan: $2,001 $75,000
  • Loan: $2,001 $75,000
  • Loan: $2,001 $75,000
  • Loan: $2,001 $75,000
Interest rate from
6.57% p.a.to 8.48% p.a.
Comparison rate from
7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years
Upfront fee
$250.00
Go to site
Interest rate from
9.14% p.a.to 11.19% p.a.
Comparison rate from
9.50% p.a.to 11.56% p.a.based on $30,000
over 5 years
Upfront fee
$250.00
Go to site
Interest rate from
11.20% p.a.to 14.64% p.a.
Comparison rate from
11.68% p.a.to 15.13% p.a.based on $30,000
over 5 years
Upfront fee
$325.00
Go to site
Interest rate from
14.65% p.a.to 18.99% p.a.
Comparison rate from
15.26% p.a.to 19.62% p.a.based on $30,000
over 5 years
Upfront fee
$400.00
Go to site

Mozo editorial review OurMoneyMarket Low Rate Personal Loan - last updated: 23 May 2024

binocular icon
What's hot
  • Fixed rates from 6.57% p.a. (7.19% p.a. comparison rate*)
  • Free redraw facility & extra repayments
  • No service fee
What's not
  • Minimum $250 establishment fee paid over the term of the loan
Mozo snapshot

With competitive fixed rates starting at 6.57% p.a. (7.19% p.a. comparison rate*) on loans over $2,000 and up to $75,000, plus free extra repayments and a fee-free redraw facility, the OurMoneyMarket Low Rate Personal Loan could be just what you need to fund your wedding, home renovations and even your dream holiday.

key icon
Key features

The OurMoneyMarket Low Rate Personal Loan offers a competitive fixed rates from 6.57% p.a. (7.19% p.a. comparison rate*) on loans over $2,000 and up to $75,000.

There are loads of great features up for grabs, like free extra repayments so you can pay your loan off as quickly as you’d like without any penalty for it! Not to mention a fee-free redraw facility, which is handy just in case you ever need some extra money to fall back on in case of any unexpected expense or bill. 

The OurMoneyMarket Low Rate Personal Loan is an unsecured loan, so you won’t need to worry about putting up your car or other valuable assets as security. And if you’re after flexibility, you’ll be pleased to find that this loan offers a choice of either weekly, fortnightly or monthly loan repayments, with loan terms ranging from 1 to 7 years. 

An establishment fee of at least $250 is added to the principal amount and paid over the loan term, but the exact fee can vary based on the loan amount and your rating with OurMoneyMarket.

snapshot
Who is it good for

If you’re an Aussie with a high credit score, you’ll get to enjoy the reward of a super low rate with the OurMoneyMarket Low Rate Personal Loan. By the same token, for those looking to save even more there are minimal fees to worry about as well as flexible repayment options, with the ability to pay off the loan ahead of time. 

question icon
Any catches

While there are no service, exit or early repayment penalties, the OurMoneyMarket Low Rate Personal Loan does have a $250 (minimum) upfront fee and a $35 late payment fee, so remember to budget for the application fee and avoid late payments.

Details

Rates and fees information correct as at 27 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Fixed

6.57% p.a.to 8.48% p.a. fixed

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

Fees

$250.00

$0.00

$35.00

$0.00

$0.00

Other financial bits

$2,001.00

$75,000.00

1 Year

7 Years

Unsecured

Features

-

Weekly, Fortnightly, Monthly

yes

yes

Rate for Excellent Credit. Establishment fee varies from $250 and is based on your OurMoneyMarket loan grade and total loan amount. The fee is added to the principal amount and paid over the loan term.

none

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.

Details

Rates and fees information correct as at 27 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Fixed

9.14% p.a.to 11.19% p.a. fixed

9.50% p.a.to 11.56% p.a.based on $30,000
over 5 years

Fees

$250.00

$0.00

$35.00

$0.00

$0.00

Other financial bits

$2,001.00

$75,000.00

1 Year

7 Years

Unsecured

Features

-

Weekly, Fortnightly, Monthly

yes

yes

Rate for Very Good Credit. Establishment fee varies from $250 and is based on your OurMoneyMarket loan grade and total loan amount. The fee is added to the principal amount and paid over the loan term.

none

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.

Details

Rates and fees information correct as at 27 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Fixed

11.20% p.a.to 14.64% p.a. fixed

11.68% p.a.to 15.13% p.a.based on $30,000
over 5 years

Fees

$325.00

$0.00

$35.00

$0.00

$0.00

Other financial bits

$2,001.00

$75,000.00

1 Year

7 Years

Unsecured

Features

-

Weekly, Fortnightly, Monthly

yes

yes

Rate for Good Credit. Establishment fee varies from $250 and is based on your OurMoneyMarket loan grade and total loan amount. The fee is added to the principal amount and paid over the loan term.

none

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.

Details

Rates and fees information correct as at 27 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Fixed

14.65% p.a.to 18.99% p.a. fixed

15.26% p.a.to 19.62% p.a.based on $30,000
over 5 years

Fees

$400.00

$0.00

$35.00

$0.00

$0.00

Other financial bits

$2,001.00

$75,000.00

1 Year

7 Years

Unsecured

Features

-

Weekly, Fortnightly, Monthly

yes

yes

Rate for Average Credit. Establishment fee varies from $250 and is based on your OurMoneyMarket loan grade and total loan amount. The fee is added to the principal amount and paid over the loan term.

none

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.

Customer Reviews

How are OurMoneyMarket personal loans rated by the Mozo community?

Overall
6.3/10
Price
9.0/10
Features
8.5/10
Customer service
10.0/10
Convenience
8.5/10
Trust
9.5/10
Based on 2 OurMoneyMarket personal loan reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Latest review of OurMoneyMarket Low Rate Personal Loan

About OurMoneyMarket

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OurMoneyMarket

Car Loan

6.57% p.a.to 18.99% p.a.

7.19% p.a.

$0.00

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OurMoneyMarket

New Car Loan

6.57% p.a.to 18.99% p.a.

7.19% p.a.

$0.00

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NOW Finance

Unsecured Personal Loan

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

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Harmoney

Unsecured Personal Loan

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

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OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

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Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

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OurMoneyMarket

Debt Consolidation

6.57% p.a.to 18.99% p.a.

7.19% p.a.to 19.39% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

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

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loans.com.au

New Car Loan - Special

8.19% p.a.

9.30% p.a.based on $30,000
over 5 years

Thumbnail icon for Jacaranda Finance
Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

Thumbnail icon for loans.com.au
loans.com.au

Clean Green Car Loan

7.69% p.a.

8.80% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

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

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Unsecured Personal Loan

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

Thumbnail icon for Jacaranda Finance
Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Low Rate Personal Loan

9.14% p.a.to 11.19% p.a.

9.50% p.a.to 11.56% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

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

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

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

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

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

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

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

Thumbnail icon for Harmoney
Harmoney

Unsecured Personal Loan

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

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

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

Thumbnail icon for Harmoney
Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.

$0.00

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.

$0.00

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