Community First Bank Fixed-Rate Personal Loan in Australia from 9.99% p.a., Fortnightly Repayments and No Early Repayment Fee

Community First Bank Fixed Personal Loan — clear, budget-friendly borrowing

The Community First Bank Fixed Personal Loan gives Aussies a straightforward fixed-rate personal loan option from 9.99% p.a., designed for everyday budgets. With loan amounts from $3,000 to $35,000 and a comparison rate of 11.02% p.a., it’s a competitive choice when you want predictable repayments.

Because the rate is fixed, your repayments stay the same for the term, making it easy to plan household finances. The loan suits those who prefer certainty over the ups and downs of variable rates and want a no-fuss borrowing experience.

Flexible repayments and practical features for Aussie pay cycles

One of the standout benefits is the option for fortnightly repayments that line up with most Australian pay cycles, helping you avoid cashflow stress. You can also choose weekly or monthly repayments, so you can match the loan to your payday schedule.

There’s a redraw facility that lets you access extra repayments if needed, and Community First Bank advertises fast online approvals, so you can get funds quickly. A one-off $249 loan processing fee applies, but there’s no early repayment fee — great if you plan to pay the loan off sooner.

Costs, comparison rate and what to watch for

The headline rate of 9.99% p.a. is appealing, but the comparison rate of 11.02% p.a. reflects the true cost including fees. That makes it important to compare total repayments across terms so you know how much you’ll actually pay over time.

Minimum loan is $3,000, which might be higher than some smaller lenders, and the $249 processing fee should be factored into your budget. Still, the lack of a no early repayment fee makes this fixed-rate personal loan flexible if you intend to clear debt early.

Who should consider Community First Bank and how to apply

This product suits borrowers who want stability: fixed repayments, fortnightly options to match pay days and no penalty for early repayment. It’s a solid pick for household budgets, car purchases, debt consolidation or unexpected expenses where predictability matters.

Applying is straightforward online or at a branch, with quick approvals to get you moving. If you value a competitive Community First Bank Fixed Personal Loan at 9.99% p.a., fortnightly repayments and no early repayment fee, it’s worth getting a personalised quote and comparing total costs before committing.