In Vitro Fertilisation Loans

Rates and Fees verified correct on January 18th, 2017

An IVF loan with repayment flexibility can make all the difference when it comes to starting a family.

If you're thinking about having a baby the in vitro fertilisation (IVF) way, you’ll most likely know by now that the process entails noticeable expenses. The good thing is you can think about getting an IVF loan that can help you deal with the added financial burden. Just how much you can borrow depends on multiple factors, while repayment terms vary between loans as well.

If you apply for an IVF loan, you have to use the proceeds from the loan for IVF. Such a loan can come in handy if you don't have the money to pay for the process upfront and it can also be a better option when compared to using a credit card, given that credit cards tend to charge higher interest rates. As with any other kind of personal loan, when you take out an IVF loan you have to make timely repayments until you have repaid the entire amount and any interest and fees it attracts.

A typical IVF loan is unsecured, meaning you don't have to provide any kind of collateral to get the loan. The term of the loan can vary in accordance to how much you borrow and your repayments, and most IVF loans attract fixed interest rates.

CUA Discount Fixed Personal Loan (Loans over $30,000)

CUA Fixed Rate Personal Loan

CUA offer a competitive interest rate personal loan with a no ongoing monthly administration fees.

  • Interest Rate From: 10.99% p.a.
  • Comparison Rate: 10.99% p.a.
  • Interest Rate Type: Fixed
  • Application Fee: $0
  • Minimum Loan Term: 1 year
  • Maximum Loan Term: 7 year
  • Minimum Loan Amount: $30,000
  • Maximum Loan Amount: $100,000

Personal Loans Comparisons for IVF

Rates last updated January 18th, 2017
Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Repayment
CUA Discount Fixed Personal Loan (Loans over $30,000)
Take advantage of a competitive fixed rate and no monthly fees when you borrow over $30,000
From 10.99% (fixed) 10.99% $30,000 1 to 7 years $0 Go to site More
ANZ Fixed Rate Personal Loan
A flexible loan option that lets you pay off your debt, buy a car, fix up your house or cover travel costs.
From 13.95% (fixed) 14.81% $5,000 1 to 7 years $150 Go to site More
NAB Personal Loan Unsecured Fixed
An unsecured loan available for a wide range of purposes for a long period of time up to 7 years.
From 14.99% (fixed) 15.85% $5,000 1 to 7 years $150 Go to site More
St.George Unsecured Personal Loan - Variable Rate
The Variable Rate Unsecured Personal Loan St.George lets you borrow up to $40,000 for a period of up to 7 years.
From 12.99% (variable) 13.87% $3,000 1 to 7 years $195 ($0 for existing customers) Go to site More

What are the types of IVF loans?

  • Fertility loans. You can use proceeds from a fertility loan for different purposes like medication, surgery and intracytoplasmic sperm injection treatments. Such a loan gives you more freedom when it comes to how you can use the money, but it restricts the use of funds to acceptable doctor-recommended fertility-related expenses. Repayment terms and interest rates vary depending on factors like your loan amount and creditworthiness.
  • IVF loans for people with bad credit. If you cannot qualify for a conventional IVF loan owing to poor credit history or no credit history at all, you can look at IVF loans for bad credit. What sets these loans apart from conventional IVF loans is that they attract higher interest rates. You can use proceeds from such a loan to cover doctor fees, medication costs and all other IVF-related expenses.

    Compare a range of bad credit loans

  • IVF financing. If you, after thorough consultation with your doctor, have decided that IVF is your best bet to have a child, the process will require you to utilise very specific medical services and buy ovarian stimulating drugs, the expenses of which can exceed $15,000. In such a scenario, an IVF loan, or IVF financing, can help you get through the process with relative financial ease.

Case Study: Melinda


Melinda's doctor told her that owing to medical complications the best way for her to start a family was to consider in vitro fertilisation. While the mental anguish was one aspect she had to deal with, she also had to identify a suitable alternative to fund the procedure.

Since she did not have enough savings and had no friends or family members who could help her financially, her first thought was to use her credit card. She found out she could get an IVF loan soon after, when a friend at work spoke about her sister finding similar financing. Owing to her good creditworthiness, she got a very competitive rate and was able to borrow the $15,000 to complete the procedure.

Pros and cons of IVF loans


  • Interest rates. If you compare the interest rate that IVF loans charge with the interest rate of credit cards or payday loans, you'll notice that IVF loans offer better rates in most scenarios and allow you to save some money.
  • Flexible terms. The loan amount can vary in accordance to how much you need, plus you can choose a loan term of up to five years with most such loans. Some loans don't charge early repayment fees but some others do. You can make weekly, fortnightly or monthly repayments.
  • Quick access to funds. When you apply for an IVF loan, you can look forward to a reply within 24 business hours. You can typically then receive access to funds within three to four business days.


  • Interest rates. If you have poor credit or if you don't compare your options thoroughly, you can end up getting an IVF loan that attracts a higher than usual interest rate.
  • Restrictions on using funds. If you get an IVF loan, you have to limit using money from the loan for IVF-related expenses, failing which you might incur some kind of a penalty for breaching contract terms.

Things to avoid about IVF loans

  • High interest rates. Some IVF loans attract high interest rates and it is best you avoid these because they can result in you paying much more over the course of your loan. If you have a poor credit history, expect to pay a higher than average interest rate.
  • Hidden fees and charges. When you apply for an IVF loan, go through its fine print to look for a list of fees and charges you might have to pay during the course of the loan. These can include application fees, loan disbursement fees, early exit fees and late fees.

How to apply for an IVF loan

Many lenders allow you to complete online applications for IVF loans, so you can start the shopping process by comparing loans in the table on this page. Once you find an option that suits your needs, click on the corresponding 'Go to Site' link to get started. In most cases, you have to meet the following eligibility criteria:

  • You should be a permanent Australian resident
  • You should be at least 18 years of age

When you begin filling out an IVF loan application, keep in mind that you have to enter a variety of information, so make sure you can provide the following:

  • Contact details like phone number, email address and mailing address
  • Employment-related information
  • Details of liabilities
  • Details of assets
  • Details of income
  • Details of expenses
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