Home Renovation loans


Make your home feel like you with low rates from 8.49% comparison 9.33%p.a. for excellent credit.

The Wisr Difference

Not your average lender

We’re smart, with a big heart.

  • Your rate is tailored based on your credit score.

  • You’ll get an outcome that’s right for you.

  • With no early repayment fees.

  • Learn how to keep them in shape.

  • Our customer service team is ready to help.

Loan Calculator

Doing the maths is smart

Calculate your repayments on a home renovation loan.

  • Monthly
  • Select Loan Term
  • Exceptional
Get estimate
  • $0.00
    Monthly repayment
  • 0.00%p.a.*
    Comparison rate
  • $0.00
    Total interest


Total Repayments$0.00
Total Interest$0.00
Amount Required$0.00
Establishment Fee+ $0.00
Loan Total$0.00
Interest Rate (p.a.)10.00%


For the part of you that learns from others

The Process

We keep it simple

  • 01

    Get your personalised rate estimate in 2 minutes

  • 02

    Apply online and get a response right away

  • 03

    Upload your documents

  • 04

    Sign on the digital line

  • 05

    Get your money within 24-48 hours

Product features and fees
  • Loan purpose

    Home Renovation loan

  • Interest rate

    Fixed from 8.49% to 23.29%

  • Comparison rate

    Fixed from 9.33% to 24.05%

  • Loan amount

    $5,000 – $62,000

  • Terms

    3, 5 and 7 years

  • Establishment fee


  • Features

    No early repayment fees

Eligibility criteria
  • Gross income over $25,000 p.a.
  • Over 18 years of age
  • No unpaid defaults last 5 years
  • No bankruptcies last 7 years
  • Not currently in financial hardship
  • Permanent Australian resident (living in Australia right now)

Q1: How much can I borrow?

If you’re just looking to do a few bits and pieces around the house, we offer loans from $5,000. For the bigger projects, customers can borrow up to 62,000% to get the job done.

Q2: How are my repayments calculated?

We take the value of the loan, plus the interest payable from your personalised rate and the one-off establishment fee, and divide that into equal instalments depending on your loan term and payment frequency. You can opt to pay monthly, fortnightly or weekly – whatever works best for you.

You can check what your repayments might be with our repayment calculator here.

Q3: How is my rate 'personalised'?

We look at the whole picture when putting together your loan offer. If a customer has an excellent credit rating, we’re able to offer them lower rates. If your credit score is holding you back from getting a loan, we share plenty of tips for polishing it up on the Wisr blog. We’re big on responsible lending, so we’ll never offer you a loan you can’t afford to pay back.

Q4: What fees and charges should I know about?

We don’t charge any early exit fees. We want you to get on top as quick as you can! 

We charge a one-off establishment fee at the beginning of your loan term. This $595 is included in your repayment calculations and averaged out over the life of the loan.

If your direct debit dishonours, we charge a $2.75 dishonour fee and a $25 late payment fee to cover the cost that the banks charge us and the operational task for our team to manage this.


For the curious

  • A renovation loan can be used on any major home improvement project, whether you want to renovate the kitchen or bathroom, add a new room onto the house or improve your outdoor area with landscaping, paving, a new pool, shed or garage.

  • The boring (but important) stuff