Home Renovation loans


Make your home feel like you with low rates from 6.95% comparison 7.78%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 ongoing or 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.

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    Comparison rate
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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 6.95% to 17.95%

  • Comparison rate

    Fixed from 7.78% to 18.37%

  • Loan amount

    $5,000 – $64,000

  • Terms

    3, 5 and 7 years

  • Establishment fee


  • Features

    No ongoing or 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 64,000% 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 ongoing fees. We also don’t charge any early exit fees. We want you to get on top as quick as you can! 

We only 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.

What goal do you want to conquer next?

We can help with just about anything

  • The boring (but important) stuff