Better rates on home improvement loans

Fund your renovations with a SocietyOne personal loan.

Get your personalised rate in less than 3 minutes.

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Are personal loans better for home improvements?

Most people don't realise that paying for renovations with a mortgage redraw can end up costing more in the long run. Even with a lower rate, the long loan term can compound up to thousands more in interest repayments - undoing all the good work you may have done to get a good deal in the first place.

A fairer way to borrow.

New kitchens, bathrooms and backyards are expensive to begin with. We want to help you borrow as much as you need, without making it impossible to clear the debt. So we start with a low interest rate and tailor it to your credit history. The better your score, the less interest you end up paying.

Fund your renovations with a better deal.

We're helping thousands of Australians access a fairer way to borrow money. Our low rate personal loans don't come from a faceless bank, but from other people. People just like you, who want respectful service and a reasonable deal

The process is fast, easy and secure.

We provide you with an online quote so you know up front how much your repayments will be. There's no obligation to commit, and it won't impact your credit history. If you go ahead, we open your loan to investors, who bid on the amount you need at the lowest rate possible.


No monthly fees. No early repayment fees.

Just a once-off establishment fee. That's it. And we lay it all out for you at the start, so you can count it in your renovation budget.

Start work as soon as you're ready.

No paperwork, no cooling off periods. Once you accept an investor's bid, the money appears in your account within 3 days of your application being approved, so you can start work right away.

Suits weekend projects and long-term renovations.

Flexible loan options let you borrow up to $50,000 for 2, 3, or 5 years, easily funding ongoing improvements that raise the value of your home.

Make It Happen

Get Started With a Quote

Get your personalised rate quote in less than 3 minutes.

Our rates

We never charge any monthly or early repayment fees. Loans available for a minimum term of 2 years and a maximum term of 5 years.

SocietyOne Loan
Interest Rate
% p.a. (2-3 years)
Interest Rate
% p.a. (5 years)
Comparison Rate
% p.a. (2-3 years)2
Comparison Rate
% p.a. (5 years)3
Tier 17.50% - 9.99%8.10% - 10.59%3.00% - 4.00%9.51% - 12.71%9.36% - 12.31%
Tier 210.49% - 11.49%11.39% - 12.39%4.25%13.38% - 14.40%13.23% - 14.25%
Tier 311.99% - 13.79%13.19% - 14.99%4.50%15.08% - 16.91%15.17% - 17.00%
Tier 414.99% - 18.19%16.79% - 19.99%5.00%18.48% - 21.75%19.07% - 22.34%

The establishment fee is added to your loan; the amount is based on your SocietyOne loan grade and the loan amount. A $35 fee applies if you need to vary your loan. 2 Based on a $10,000 unsecured personal loan for a 3 year term. 3 Based on a $30,000 unsecured personal loan for a 5 year term.

Example based on a SocietyOne Tier 1 loan for $10,000 with a 3 year term.

Comparison Rate*


Monthly Repayment


Total Repayments

36 x $320.39 = $11,534.20

*SocietyOne rate is based on an unsecured personal loan of $10,000 over 3 years to a borrower with excellent credit (Tier 1 borrower). Tier 1 borrowers will receive an interest rate between 7.50% - 9.99% (comparison rate 9.51% - 12.71% p.a.) depending on investor demand. Higher Tier borrowers will receive higher interest rates. Comparison does not take into account short term bank promotional rates. WARNING: The comparison rates are true only for the examples provided and may not include all fees and charges. Different loan grades, terms, fees or loan amounts might result in a different comparison rate. Establishment fee applies.

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