Your variable interest rate will fall within the Zip Personal Loan interest rate range of 11.99% - 21.99% p.a¹. The comparison rate includes the variable interest rate plus any fees and charges that make up the total cost of the loan. The variable interest rate is lower than the comparison because it does not include the establishment fee, monthly fee or other fees.
Once approved, your Zip Personal Loan contract will outline your minimum monthly repayments based upon your personalised loan amount, term (duration), interest rate and the monthly account fee.
¹The interest rate on the Zip Personal Loan ranges between 11.99%p.a. to 21.99%p.a. T&Cs and credit approval criteria apply. A monthly account fee of $9.95 and one-off establishment fee of $199 will apply. Interest, fees and charges subject to change. Credit provided by ZipMoney Payments Pty Ltd (ABN 58 164 440 993), Australian Credit Licence Number 441878.