Why choose a RateSetter wedding loan?
By avoiding your credit card and covering the bulk of your costs with a RateSetter wedding loan you could save thousands. See how much RateSetter could save you in comparison to taking out a personal loan from the 'big 4' or paying for everything on your credit card.
|Wedding expenses||Average cost|
|Food, alcohol & venue||$18,683|| |
|Wedding clothes & accessories||$4,271|| |
|Average Wedding Costs||$36,200|| |
|Save thousands on|
|Interest paid over 3 years||$6,626||$10,023||$11,666|
|Savings with RateSetter||Up to $5,040|
^ See below for details on how comparison rates and savings are calculated and the comparison rate warning.
*Comparison rate based on rates available for a 3 year, $10,000 unsecured personal loan for a borrower with a good credit history as at 22 August 2016. Your personalised rate may be different to the example. ‡Credit card rate stated is RBA F5 average ‘standard' credit card interest rate as at July 2016 and excludes any annual or monthly fees. †Average ‘big 4’ personal loan comparison rate is the average 3 year, $10,000 unsecured personal loan comparison rate based on rates published by ANZ, Westpac, NAB and CBA as at 22 August 2016. Comparison calculation assumes repayment of $35,000 balance over 3 years. Calculations assume 36 equal monthly payments and no prepayment amounts. Average wedding cost data. Average wedding cost data.
RateSetter wedding loan repayment terms range from a minimum of 6 months to a maximum of 5 years. Interest rates range from 4.0% p.a. (comparison rate 11.17% p.a.) to 17.9% p.a. (comparison rate 18.43% p.a.), subject to change depending on the rates offered by lenders in our Lending Markets.
*Representative example: Based on $10,000 loan with a 36 month term for a borrower with a good credit history at a comparison rate of 11.17% p.a. the estimated total amount payable including all applicable fees is $11,815 (interest payable is $1,337.40).
Rates stated as at 6 November 2018 and are subject to change. RateSetter credit criteria and terms and conditions apply. Apply for a wedding loan today.