How do I repay my loan?

Thanks to our secured self-service customer portal, you can easily manage your personal loan repayments online 24/7, 365 days a year. Repayments can be automatically deducted via direct debit, so all you need to do is make sure you have the money in your nominated bank account by the due date. To make it simple, you can ask to align your repayments with your pay cycle, whether it's on a weekly, fortnightly or monthly basis. After your loan is paid off in full, the repayments will stop, and you can choose to make extra repayments at any time and at no extra cost.

Home Improvement Personal Loans
Made Easier.

Considering renovations or need urgent home repairs but don't have the cash?
Jac's got your back with a same day² personal loan up to $25,000

Borrow $3,000 to $25,000

Same-Day Approval²

25-36 month terms

Check If You Qualify

With no impact on your credit score*!

I want to borrow

*Subject to lending criteria, T's and C's'

Get Started Now

*Subject to lending criteria, T's and C's'

No cash? No problem! Tackle essential home repairs with our fast flexible Personal Loans.

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About Home Improvement Loans

Estimate Repayments

Rates & Fees Information

Reviews

FAQs

Apply Now

What is a Home Improvement Loan?

A Home Improvement Loan is simply a Personal Loan used to fund home repairs or renovation projects.

As these projects can often be expensive, you might not have the cash on hand to pay upfront, or perhaps you prefer not to dig deep into your savings. But with a Home Improvement Loan, you could even potentially increase your home’s value by a greater amount in the long run.

We offer loans for home improvement from $3,000 to $25,000, with loan terms ranging from 25 - 36 months.

Home Improvement Loans For What You Need - & When You Need It.

Our most popular renovations with a Home Improvement Personal Loan!

Home Repairs

From cracked tiles to a leaky roof, we can help you sort out those much-needed repairs you've been putting off.
Bathroom Renovation

A budget bathroom renovation from $3,000, can increase the house's value exponentially!
Solar Panels

Generally speaking, going green with solar can cost anywhere between $2,500 to $13,000.
Appliances and Furniture

New beds, TVs, office furniture, white goods dining sets, beds - you name it - can easily cost thousands of dollars.

The Easy Application Process - How it Works

Our loan application process for a Home Improvement Loan has been designed to be as simple and quick as possible, as we know how important it is to receive your funds in a timely manner.

Get Started Now This won’t affect your credit score

Loan Repayment Calculator

Before you apply for a loan, we think it's important to review your budget and be certain that you can comfortably repay it.

Once you know what you can afford in your budget, use our three-step loan repayment calculator to estimate your repayments before you apply.

Ready to Apply? You can get started now.

1. I'd like to borrow: $8,500

- +

Please note that loans exceeding $10,000 or with Loan Terms of 36 months will require security in the form of a registered motor vehicle you own.

2. Loan Term (Months)

25 36

3. Repayment Cycle

Weekly Fortnightly Monthly

Get Started Now

...

Estimated per

* Repayment Disclaimer

Interest Rate

16.95% - 29.95%

Total Repayment
Including Interest & Fees

...

** Comparison Rate Warning

The comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Ready to Apply? You can get started now.

Get Started Now

Our Rates & Fees

Our loans are designed to be fast, fair, and, above all, affordable, with no hidden fees. See the table below for a quick guide to our charges, or visit our fees page to learn more. For detailed information about who our products are designed for, please review our Target Market Determinations.

Interest Rate

Comparison Rate

Loan Term

Repayment Cycle

Secured or
Unsecured

Establishment Fees

Monthly Fees

Risk Fee

Comparison Rate Warning*

Unsecured
Personal Loan

$3,000 - $10,000

Interest Rate

27.95% - 29.95%

Comparison Rate

44.50% - 46.50%

Loan Term

25 months

Repayment Cycle

Weekly, Fortnightly, Monthly

Secured or
Unsecured

Unsecured

Establishment Fees

$13.50 - $950

Monthly Fees

$26 p/month

Risk Fee

$0 - $325.50

Comparison Rate Warning*

The comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Secured
Personal Loan

$3,000 - $25,000

Interest Rate

16.95% - 29.95%

Comparison Rate

32.99% - 45.50%

Loan Term

25 - 36 months

Repayment Cycle

Weekly, Fortnightly, Monthly

Secured or
Unsecured

Secured

Establishment Fees

$125 - $1,190

Monthly Fees

$26 p/month

Risk Fee

$0 - $995

Comparison Rate Warning*

The comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

This is not an offer for credit. The amount you can borrow as well as the offer you receive may vary once you complete an application and all relevant details are captured and verified. Fees, credit criteria and terms and conditions apply. Example tables and calculators are illustrative only and are not intended to be your sole source of information when making a financial decision. Consider whether to get advice from a licensed financial adviser.

Unsecured
Personal Loan

$3,000 - $10,000

Interest Rate

27.95% - 29.95%

Comparison Rate

44.50% - 46.50%

Loan Term

25 months

Secured or
Unsecured

Unsecured

Monthly Fees

$26 p/month

Repayment Cycle

Weekly, Fortnightly, Monthly

Establishment Fees

$13.50 - $950

Risk Fee

$0 - $325.50

The comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Secured
Personal Loan

$3,000 - $25,000

Interest Rate

16.95% - 29.95%

Comparison Rate

32.99% - 45.50%

Loan Term

25 - 36 months

Secured or
Unsecured

Secured

Monthly Fees

$26 p/month

Repayment Cycle

Weekly, Fortnightly, Monthly

Establishment Fees

$125 - $1,190

Risk Fee

$0 - $995

The comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Loan Eligibility Criteria

Am I eligible for a Loan with Jacaranda Finance?

You must meet the following basic eligibility criteria before submitting an application:

Be at least 19 years of age
Be employed on a permanent or casual basis, with consistent income for 90 days
Be an Australian citizen, permanent resident or hold a temporary visa in one of our eligible visa subclasses with a fixed address.
Have an active email address, phone number, & online banking details in your name.
Be in control of your current finances and handling existing financial commitments comfortably.

You can check if you qualify initially if you aren’t sure whether you're eligible. This won’t impact your credit score.

Information you will need to provide:

Basic personal information (i.e. full name, address, D.O.B, number of dependants etc.)
Employment status & details
Your bank statements*: we will assess the last 12 months of your bank statements to help determine if you can afford to repay your loan.

*This is standard procedure for loan applications across the industry. Data is safely secured with 256-bit SSL encryption. We utilise safe and secure third-party Open Banking service providers to make this quick and easy for you.

Your data is secured by

Over 5,000 reviews

Trusted By 1,000s

4.9/5

4.8/5

4.7/5

4.9/5

Brendan Lau88 - Google Review

Excellent 5 STAR customer service and always available with a quick response. Very happy with advice and the fantastic service provided. Quick, hassle free and easy. Thank you.
Shaan Johari - Google Review

Super easy and fast system, applying was seamless and money was instant!
naomie falconer - Google Review

Jacaranda is always helpful, wonderful customer service every time. Contact is easy and quick.
Nathan Ross - Google Review

Brilliant service and quick action during application process the best there can be when it comes to quick loans.
Dianita Miguel - Google Review

It is easy to apply online, fast, reliable and they will try to help you as much as they can. I can recommend it to my friends and relatives. Thank you very much.

Frequently Asked Questions

Want to know more? Find out the answers to the most common queries about our Home Improvement Personal Loans.

What other options are there to fund home improvements?

Besides renovation or home improvement loans, you could also use the following:

Construction loans: A type of loan for those who are building a home or conducting a major renovation. With a construction loan, you'll likely borrow an amount similar to that of a home loan (i.e. hundreds of thousands of dollars) in instalments as your home is being built.
Home equity loans: If you have an existing mortgage with equity, you could draw on this equity to pay for a home renovation instead.

These financing options are generally more suitable for larger renovations, however. For smaller projects up to $25,000, an online loan with a lender like Jacaranda Finance could be your best bet.

Did we answer your question?

Yes No

Am I eligible for a home improvement loan with Jacaranda Finance?

You must meet the following basic eligibility criteria before submitting an application:

Be at least 19 years of age.
Be employed on a permanent or casual basis.
Have a consistent income going into your own bank account for the last 90 days.
Be in control of your finances and be handling existing financial commitments comfortably.
Be an Australian citizen, permanent resident or hold a temporary visa in one of our eligible visa subclasses with a fixed address.
Have an active email address, phone number, and online banking account in your name that belongs to you.

If you are unsure whether you're eligible, you can check if you qualify initially. This will not impact your credit score. We accept a wider range of credit history than a bank or a prime lender, but we do not recommend submitting an application if:

You are currently or recently bankrupt (you must be three years discharged and in control of your finances)
You are not comfortably repaying your existing financial obligations

Did we answer your question?

Yes No

Will my home improvement loan be secured or unsecured?

Your home improvement loan with Jacaranda Finance can be secured or unsecured, as we offer both types of loans. However, our unsecured loans are only available for loan amounts up to $10,000. Anything more than this and you must provide security.

Did we answer your question?

Yes No

How quickly can I apply for a home improvement loan with Jacaranda Finance?

Our loan application process has been designed to be as simple and quick as possible, as we know how important it is to receive your funds in a timely manner. How quickly you can apply for a personal loan and receive your funds will depend on your situation. Applying for a loan with Jacaranda Finance takes most people 5-12 minutes¹, but it could take longer depending on a number of factors such as but not limited to how fast you are at typing or if you have all the required information on hand. After applying, most customers get an outcome on their loan application on the same day during normal business hours once we have received all of the supporting information we require. We do not guarantee same-day outcomes for all customers.² Once an applicant has been approved and they have signed a contract, we automatically attempt to release the money to the applicant's bank account. Most customers have a New Payments Platform (NPP) bank account and receive the money in their bank account within 60 seconds. For other customers, the money will be available overnight on weekdays and overnight the following business day if approved on a weekend or public holiday.³

Did we answer your question?

Yes No

How much can I borrow?

You can apply for varying loan amounts with Jacaranda Finance, depending on your needs:

With our Express Personal Loan, you can borrow between $3,000 and $25,000.
With our Car Loan, you can borrow between $3,000 and $30,000.

For detailed information about who our products are designed for, please review our Target Market Determinations.

Use our loan repayment estimate calculator to get a guide on what your repayments could be. To get an idea of what rates, fees and charges are associated with our loans, visit our rates and fees page.

Did we answer your question?