Personal loan · Secured · Fixed
Secured Fixed Personal Loan
7.90%comparison rate p.a.
from 6.49% advertised · Secured · fixed · any purpose
43rd of 98 secured loans
Comparison rates are based on a loan of $30,000 over 5 years, secured or unsecured as each loan is. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Fees: $250 application · $15/mo.
- Advertised rate
- from 6.49% p.a.
- Application fee
- $250
- Loan amount
- $10,000 – $130,000
- Minimum age
- 18
- Comparison rate
- 7.90% p.a.
- Monthly fee
- $15
- Advertised rate
- from 6.49% p.a.
- Comparison rate
- 7.90% p.a.
- Rate type
- Fixed
- Application fee
- $250
- Monthly fee
- $15
- Annual fee
- None
- Early repayment fee
- $150
- Late payment fee
- $15
- Loan amount
- $10,000 – $130,000
- Loan term
- 1 year to 7 years
- Extra repayments
- Yes
- Early payout
- Yes
- Redraw
- No
- Flexible repayment frequency
- Yes
- Minimum age
- 18
- Residency
- Australian residents only
- Secured Fixed Personal Loan
- RBA cash rate
No changes recorded for this product since tracking began on 12 September 2026.
Our secured loan offering to provide you with lower interest rates with your car as a security for the loan
Also from Bank of Melbourne: Unsecured Fixed Personal Loan 8.41% · Unsecured Variable Personal Loan 8.41%
As of 2 November 2026, the Bank of Melbourne Secured Fixed Personal Loan has a comparison rate of 7.90% (from 6.49% advertised), ranking 43rd of 98 secured loans tracked by BankMate. It is a secured fixed-rate loan for any purpose with fees of $250 application · $15 a month. Lenders publish the lowest rate in their range; the rate offered depends on the applicant. From the provider's Consumer Data Right feed, refreshed nightly.