Wedding Loans

Personalised Loan Shopping

See which lenders will give you the best wedding loan. Instant online results.


This is a totally free process and will not affect your credit rating.

Wedding Loans
Fast, Stress free, No obligation

Here's how easy it is

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One smart-form

Simple & quick, we narrow down the lenders you're eligible for.

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Personalised rates

See multiple lender rates you actually qualify for, all at once.

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Checkout with confidence

After easily comparing, select the lender who best suits you.


Our mission (Money) is on a mission to enable Australian consumers to enjoy an online shopping experience for financial products, starting with personal loans.

We believe that by providing you with fair & transparent choice, we will achieve our mission, and help more Australians get better deals (more for your money).

Putting you first means:

  • We only show you loans you qualify for, ranked by the lowest repayment

  • We show you “apples with apples” loan comparisons (by simplifying & standardising information)

  • We do not accept paid endorsements or promote lenders based on commission.

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Compare personal loan rates

In the table below, the repayments are based on a $30,000 loan repaid over 5 years for an individual with excellent credit. To get your personalised rate for different amounts and terms, click 'Get your rate'.

Loan Terms
Interest Rates
Comparison Rates
Upfront Fees
Ongoing Fees
18 - 84 months 4.95% - 17.95% 4.95% - 17.95% $0 $0 $130 $33,800 Get your rate
6 - 84 months 6.39% - 17.89% 6.39% - 20.41% $0 $0 $135 $35,100 Get your rate
24 - 60 months 6.99% - 19.99% 6.99% - 21.56% From $0 $0 $137 $35,620 Get your rate
36 - 84 months 6.99% - 19.95% 7.55% - 20.89% From $475 $0 $139 $36,140 Get your rate

Representative example 1: Based on a loan with Now Finance for an amount of $30,000 over 5 years a borrower with an excellent credit history can expect to repay a total of $33,800. This represents a comparison rate of 4.95% p.a. and includes all interest and fees (there are no fees with Now Finance for a borrower with excellent credit) included in your loan repayments over the life of your loan. Interest rates vary subject to a full credit assessment.

Representative example 2: Based on a loan with a poor credit history with Wisr for a loan amount of $30,000 over 5 years a borrower can expect to repay a total of $49,435. This represents a comparison rate of 20.89% p.a. and includes all interest and fees (Fee breakdown - upfront fees of $525 and no ongoing fees) included in your loan repayments over the life of your loan. Interest rates vary subject to a full credit assessment.

Warning: For Personal Loans, the comparison rate is based on a $30,000 unsecured loan over 5 years; 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.

Key features of a wedding loan:

  • Borrow from $2,000 to $100,000

  • Fixed or variable interest rates

  • Repayments to suit your budget

  • Terms from 1 to 7 years (most common is 3 years)

  • Secured & unsecured options

Who is eligible for a wedding loan?

  • Australian Permanent Residents (& some visa holders)

  • Must be over the age of 18

  • Earn a minimum of $25,000 a year

Learn more about wedding loans

What is a wedding loan?

A wedding loan is a personal loan used to finance a wedding. A loan can be an easy way to help realise the lavish wedding and honeymoon that you’ve always dreamed of.

However, choosing the wrong loan could cost you thousands of dollars in unnecessary interest - below we’ll show you how to compare your options so you can choose the one that is most suitable for your circumstances.

Wedding loans work in a similar way to other personal loans:

  • A lender agrees to let you borrow a certain amount to fund your care

  • You pay that amount back in weekly, fortnightly or monthly instalments with interest

To find the best offers, it’s worth spending some time comparing available deals from multiple lenders.

Money Tip: Choosing the first offer you find may not always get you the lowest rate available or the lowest amount of initial or ongoing fees. You can do that simply by using our smart-form.

Compare wedding loans

To compare wedding loans, look at the features they include, and which repayment options are available, then begin comparing the different options to find the one which is most suitable for you.

If you are using our smart form, the advertised rate and comparison rate will be clearly displayed on your personalised results screen, which you can use to quickly compare and select the deal you think is best. Features that you can look closely at when comparing include:

  • Interest rates

  • Fees

  • Loan term

  • Features

  • Flexibility

Fees aren’t included in the advertised rate for a loan, which is designed to make the loan offer more appealing than it is, and is true to its name: an advertisement. The true cost of a loan is found by looking at the comparison rate, which expresses all charges (interest plus fees) as a simple percentage.

When comparing various wedding loan offers from multiple lenders, use the comparison rate to ensure you are accounting for all fees and potential charges. If you are using the smart-form to compare personalised loan offers and rates, the comparison rate will be listed clearly on the results screen.

Variable fees are not included in the comparison rate - such as late-payment fees - so be sure to keep these in mind when comparing deals. The four types of fees you should be aware of when comparing lenders for a wedding loan include:

  • Upfront costs - establishment fees and application fees

  • Ongoing fees - annual fees and monthly fees

  • Late payment fees - charged if you miss a payment

  • Extra repayment fees - charged if you make early repayments to reduce the amount of interest payable on the principal amount.

If you do not find any available offers to compare, you can work with a personal finance broker to assist in finding you a suitable deal and completing your application.

Brokers operate all across Australia — whether you need a wedding loan in Newcastle, Sydney, Melbourne, Canberra, Perth, Adelaide, or Brisbane, you'll be able to find one who can help you assess a range of suitable options specific to your financial circumstances.

Cheap wedding loans

The average wedding in Australia costs over $65,000, according to a widely publicised Bride to Be magazine survey in 2013. At the same time, Australia’s MoneySmart website listed the average cost at $36,000.

In the years since, these figures haven’t changed, which would indicate this is an expected range when financing a wedding for many Australians.

The cost of a wedding loan will depend entirely on the amount of the loan, the interest and fees you’re charged and how quickly you pay the loan off. Here are a few things to consider:

  • Fixed or variable wedding loan - Fixed rates stay the same for the entire loan term or for a set period. Variable interest rates, on the other hand, go up and down with the market - this means your repayment amount and interest rate could change at any time.

  • Most variable-rate loans allow for fee-free early repayments and are more flexible.

  • Long-term wedding loans - how long you have to repay a loan can greatly affect your repayments and its total cost. Wedding loans typically have loan terms from two to seven years.

  • A longer loan term will mean lower repayments, but you'll pay more interest over time and higher fees. A shorter loan term has higher repayments and a lower overall cost.

There are a few loan features that could help save you money and make your loan easier to manage. These include:

  • Redraw facility - a redraw facility allows you to make extra repayments to your loan balance, then withdraw any payments above the minimum as needed. This can be a great way to reduce interest by paying down your loan, while still having funds available to you should you need them.

  • Loan bundling - some lenders bundle several financial products together and offer a discount on the lot. Common options include home loan and insurance bundles.

  • Customer service - throughout your loan term there’s a good chance you’ll need to get in touch with your lender. Look at online reviews and find out as much about them as you can to ensure they have good customer service. aims to clear up the confusion around rates and approval, so we can provide the best consumer experience possible. We only show you real, personalised rates from lenders who can give you approval on the loan.

No impact on your credit score, and no obligation. Just the best deals we can find, with no hidden fees, inflated interest rates, or paid promotions.

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How to qualify and apply

You can apply for a wedding loan in Australia if you are:

  • Over the age of 18; and

  • An Australian citizen or permanent resident; and

  • Employed or have a regular source of income over $25,000 per year

If you meet the basic eligibility for a wedding loan, you will then need to compare lenders and assess their individual approval criteria.

To get a wedding loan you will need to:

  • Submit a personal loan application to a lender

  • Meet the lender’s approval criteria for the personal loan

  • Sign a loan contract and agree to the terms of the loan

The most important factor when gaining approval is to demonstrate your ability to meet the repayment schedule over the term of the loan.

If you use our smart form and find a lender you want to apply with, you will be directed to the lender’s website and need to supply all documentation as you normally would when applying for a wedding loan, which may include:

  • Proof of identity — e.g. passport or driver licence

  • Proof of income — e.g. payslips, bank statements

  • Proof of address — e.g. utility bills, bank statements

  • Details of any current debts or other loans

You will need to provide personal identification and financial documents (usually your bank statements or recent payslips), as lenders will need to assess your financial stability and determine if you can service the loan amount.

Summary icon


A wedding loan is a type of personal finance available in Australia through various lenders.

Wedding loans can be used to cover the cost of planning a wedding and your honeymoon, and include a range of features and repayment options which can often be tailored to suit your circumstances.

You can apply for a wedding loan online, and the application will take around 10 to 30 minutes to complete.

Wedding personal loans in Australia:

  • Range from $2,000 to $100,000

  • Can be secured or unsecured

  • Have terms from 1 to 7 years

  • Used for many different purposes

  • Do not require a deposit

  • Can have fixed or variable interest rates

How much money do you need?

Here are the most popular questions people are asking about wedding loans:

Can I get a wedding loan if I have bad credit?

Yes in most cases you can get a wedding loan with bad credit, although you may have to apply through a specialist lender who might charge high interest rates and fees.

How much do wedding loans cost?

The cost of wedding loans depends entirely on the amount you borrow, your loan term and the interest rates and fees you’re charged. A longer loan term usually costs more.

Can I apply for a wedding loan online?

Yes, most lenders offer 100% online applications for wedding loans, and all lenders allow for online applications when using our smart-form.

How much can I borrow with a wedding loan?

When you apply for a wedding loan the lender will assess your income and expenses to calculate how much you’re able to afford to repay. They’ll then decide how much you can borrow based on that calculation. If you have the ability to service the loan you may be able to borrow from $50,000 to $75,000 with a wedding loan.