ivf-loans

In Vitro Fertilisation (IVF) loans

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

If you're considering in vitro fertilisation (IVF) to start a family, you’ll most likely know by now that the process entails noticeable expenses. If you don't have the available funds, you may want to consider a loan that can cover the costs of IVF.

Find out how these loans work and how you can apply in this guide.

Citi Personal Loan Plus

Citi Personal Loan Plus

From

8.99 % p.a.

variable rate

From

9.67 % p.a.

comparison rate

  • Loan amounts from $5,000
  • Offers a reusable credit facility
  • Repay over 5 years
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100% confidential application

Citi Personal Loan Plus

A reusable credit facility of up to $75,000. Receive a tailored interest rate between 8.99% p.a. and 17.99% p.a. (9.67% p.a. to 18.6% p.a. comparison rate) based on your risk profile.

  • Interest rate from: 8.99% p.a.
  • Comparison rate: 9.67% p.a.
  • Interest rate type: Variable
  • Application fee: $199
  • Minimum loan amount: $5,000
  • Maximum loan amount: $75,000
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Compare unsecured personal loans for IVF

Rates last updated July 16th, 2019
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Product Description Monthly Repayment
Citi Personal Loan Plus
From 8.99% (variable)
9.67%
$5,000
3 to 5 years
$199
$10
You'll receive a variable rate between 8.99% p.a. and 17.99% p.a. (9.67% p.a. to 18.6% p.a. comparison rate) based on your risk profile
A credit limit up to $75,000 that you can continue to draw down over terms up to 5 years.
ING Personal Loan
8.99% (fixed)
9.13%
$5,000
2 to 5 years
$100
$0
You'll receive a fixed rate of 8.99% p.a.
Benefit from no ongoing fees, no early repayment fees and flexible loan terms on amounts up to $30,000.
NAB Personal Loan Unsecured Fixed
From 10.69% (fixed)
11.58%
$5,000
1 to 7 years
$150
$10
You'll receive a fixed rate between 10.69% p.a. and 18.69% p.a. ( 11.58% p.a. to 19.53% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.
ANZ Fixed Rate Personal Loan
12.45% (fixed)
13.32%
$5,000
1 to 7 years
$150
$10
You'll receive a fixed rate of 12.45% p.a.
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants.
St.George Unsecured Personal Loan - Fixed Rate
From 12.99% (fixed)
14.06%
$2,000
1 to 5 years
$195
$12
You'll receive a fixed rate between 12.99% p.a. and 18.9% p.a. based on your risk profile
A low minimum borrowing amount of $2,000 to fund a range of purposes.
ANZ Variable Rate Personal Loan
15.99% (variable)
16.84%
$5,000
1 to 7 years
$150
$10
You'll receive a variable rate of 15.99% p.a.
A flexible loan with amounts starting $5,000 that offers flexible repayments and a redraw facility.
St.George Unsecured Personal Loan - Variable Rate
From 12.99% (variable)
14.06%
$2,000
1 to 7 years
$195
$12
You'll receive a variable rate between 12.99% p.a. and 18.9% p.a. based on your risk profile
A low minimum borrowing amount of $2,000 plus the convenience to make extra repayments and redraw them if you need them.
NAB Personal Loan Unsecured Variable Rate
From 10.69% (variable)
11.58%
$5,000
1 to 7 years
$150
$10
You'll receive a variable rate between 10.69% p.a. and 18.69% p.a. ( 11.58% p.a. to 19.53% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes. Benefit from fee-free additional repayments and a redraw facility. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.

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What loan options do I have for IVF?

  • Unsecured personal loan. As these loans, which can be from a bank, credit union or standalone lender, can be used for any purpose you can use the funds to pay for IVF treatment. However, keep in mind some lenders will not lend for IVF, so check this before you apply.
  • Medical loan. Specialised medical financing companies offer loans to cover a range of medical treatments, including IVF.
  • Bad credit IVF loan. Those with bad credit may still be able to access financing for IVF. Unsecured bad credit personal loans are an option to consider, as are specialised medical loans for bad credit individuals.

What are the benefits of these loans?

  • Range of loan options. Depending on your eligibility for these credit options, you can have your choice between a specialised medical loan, credit card and unsecured personal loan and IVF.
  • Structured or ongoing credit. If you opt for a credit card or line of credit personal loan you can redraw the funds you repay as and when you need. Unsecured personal loans and medical loans give you a lump sum that you repay over a set term.
  • Choose a loan to suit your budget. As there is a range of options available you can choose the most competitive option.

Things to avoid about IVF loans

  • Interest rates. Some IVF loans attract high interest rates, resulting 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. The eligibility criteria and application process will differ depending on the lender you opt for.

  • 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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Logo for Citi Personal Loan Plus
Citi Personal Loan Plus

You'll receive a variable rate between 8.99% p.a. and 17.99% p.a. (9.67% p.a. to 18.6% p.a. comparison rate) based on your risk profile
A credit limit up to $75,000 that you can continue to draw down over terms up to 5 years.

Logo for NOW FINANCE Personal Loans
NOW FINANCE Personal Loans

You'll receive a fixed rate between 8.95% p.a. and 16.95% p.a. based on your risk profile
Apply for loans from $5,000 and get a dedicated loan manager. No security required.

Logo for NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 10.69% p.a. and 18.69% p.a. ( 11.58% p.a. to 19.53% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.

Logo for Westpac Unsecured Personal Loan
Westpac Unsecured Personal Loan

You'll receive a fixed rate of 12.99% p.a.
Benefit from the security of a fixed rate with the flexibility of additional repayments. Existing Westpac customers may qualify for discounts.

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