CanDo Loans
Independent and ad-free, general information only

Loans, explained in plain English.

CanDo Loans is an independent guide to personal, car, boat and business loans in Australia. We break down how each one works, what to compare, and the words lenders use, so you can make your own call with clear eyes. We do not sell loans and we never will.

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Last updated July 2026
CanDo Loans is not a broker, lender or adviser. Nothing here is financial or credit advice. It is educational information to help you ask better questions.
$2.5b
New fixed-term personal loan commitments written by Australian lenders in a single recent month.
Source: Australian Bureau of Statistics, Lending Indicators. Figures move month to month, so check the latest release.
1 rate
The comparison rate is the single number that bundles most fees so you can compare the true cost of a loan.
Reference: ASIC Moneysmart, the Australian Government money guidance service.
$0
What this site costs to read. No paywall, no sponsored rankings, no lead forms, no loan offers.
CanDo Loans is reader-focused education, published independently.
What we cover

Six loan types, one plain-English shelf

Start with the loan you are curious about. Each guide is a neutral explainer: how it works, what lenders assess, what to watch for, and the questions worth asking before you sign anything.

Personal loans

Secured and unsecured borrowing for one-off goals, from a car repair to a wedding.

Car loans

New and used car finance, dealer versus bank, and why the term you pick matters.

Boat loans

Marine finance for boats, yachts and jet skis, plus what lenders check before saying yes.

Caravan and RV loans

Financing caravans, camper trailers and motorhomes for life on the road.

Business finance

Chattel mortgage, hire purchase, leasing and how equipment finance is structured.

Home loans

The vocabulary of mortgages, from LVR and offset to fixed versus variable.

The method

How to compare any loan without getting dazzled

Advertised rates are designed to catch your eye. The real cost lives in four places. Learn to read all four and every loan starts to look a lot less mysterious.

The comparison rate, not the headline rate

By law, Australian credit ads that quote an interest rate must also show a comparison rate, which folds in most fees so you can weigh loans on a like-for-like basis.

Fees, from application to early exit

Establishment fees, monthly account fees and early-repayment or break costs quietly change the true price of a loan. Add them up over the full term.

Secured or unsecured, and the risk

A secured loan is tied to an asset the lender can repossess if you fall behind. It usually means a lower rate, but more at stake.

Features that fit how you repay

Redraw, extra repayments, fixed versus variable and the loan term all shape flexibility and total interest as much as the sticker rate does.

Read the full comparison guide
Try the numbers

See how the term changes what you pay

Our free repayment estimator runs entirely in your browser. Nothing is collected, nothing is sent. Slide the rate and term to feel how a longer loan lowers the monthly cost but raises the total interest.

Open the calculators
Why we exist

A guide with nothing to sell you

Most loan websites are trying to sign you up. The rankings are paid for, the calculators feed a call centre, and the fine print is a footnote. We do the opposite.

  • 1We explain products, never sell them. There is no application on this site.
  • 2We cite our sources, including the ABS, the RBA and ASIC Moneysmart, and date every update.
  • 3We write in plain English and define every term in a glossary you can search.
  • 4We point you to free, independent government help when a decision is bigger than a web page.