$20,000 Personal Loans

When your aspirations need a boost

Transform your big ideas into reality with a $20,000 personal loan, offering rates that empower your journey.

Get your rate
Interest rates from
5.95
%
p.a.
Comparison rate*
5.95
%
p.a.

Get a rate estimate in as little as 60 seconds. You could enjoy your funds as soon as the next day.

We're a multi-award winning personal lender

WeMoney Award for Non-Bank Lender of the Year 2025Highly Commended - Unsecured Personal Loans - Finder - 2025
Features

$20,000 loans with Plenti

A Plenti loan can unlock a world of possibilities – ignite your passions, seize opportunities, or finance your projects.

$20,000 loan amount

1-7 year loan terms

Fast funds in as little as 24hrs from approval

$0 early repayment fee

$0 monthly fee

Personalised interest rate

What can you get with a $20,000 loan from Plenti?

A $20,000 loan can open up various possibilities. You might choose to update your bathroom, making it more modern and practical for your family. Alternatively, you could plan an overseas holiday, exploring new places and creating lasting memories. The funds could also help you purchase a reliable vehicle, improving your daily commute and weekend trips. For those planning a wedding, the money could contribute to beautiful decorations and venue arrangements.

Car
Acquiring a modern car can transform your mobility, offering efficient and comfortable transportation for work, errands, and exploring Australia's scenic destinations.
Debt consolidation
Consolidate multiple personal loans by combining various outstanding debts into one streamlined repayment, potentially easing financial stress and improving your budgeting process.
Home renovation
A bathroom remodel can significantly improve your home's functionality and appeal, modernising fixtures and creating a more comfortable and efficient space for your family.
Moving costs
Embarking on an interstate move becomes more manageable when you can engage professional packers, ensuring your belongings are safely transported to your new home across Australia.
Travel
Experience new cultures and broaden horizons with an international trip, creating cherished family memories while exploring fascinating destinations around the globe.
Wedding
Enhance your celebration with elegant wedding decorations, creating a magical atmosphere that reflects your personal style and makes your special day truly unforgettable.

$20,000 personal loan repayment calculator

Find out how much your $20,000 loan repayments could be with a Plenti unsecured personal loan.

Loan amount   ⓘ
You can apply to borrow #_VALUE_# to #_VALUE_#
Loan term   ⓘ
You can apply to borrow #_VALUE_# to #_VALUE_#
Example interest rate: % p.a.
Comparison rate: % p.a.*
Estimated monthly loan repayments from
$
Total repayment (incl. interest and fees)
Get your rate

The calculator is designed as a guide only and is not a quotation or an offer of credit. The interest rates and monthly repayment amounts are indicative and based on the credit history selected. The loan amount you can borrow and your personalised interest rate and repayment amount may be different once you complete a loan application.

Simple steps to apply for a $20,000 personal loan

1. Get your personalised rate

Fill out the quick online form and you’ll get a personalised estimate of how much you could borrow and the interest rate.

2. Select your loan terms

Decide how much you want to borrow and how long you want to have to repay your loan.

3. Submit

Complete all the details and submit your application. Our team will review it and be in touch — usually within 48 hours.

Need more than $20,000?

Find more information on different loan types below:

💵 $5,000 personal loan
💵 $10,000 personal loan
💵 $15,000 personal loan
💵 $20,000 personal loan
💵 $25,000 personal loan
💵 $30,000 personal loan
💵 $35,000 personal loan
💵 $40,000 personal loan
💵 $45,000 personal loan
💵 $50,000 personal loan
💵 $55,000 personal loan
💵 $60,000 personal loan
💵 $65,000 personal loan
Reviews

A 5-star experience from start to end

Don't put off your dreams any longer — make them a reality today with an award-winning* fintech lender.

1,180
5-star reviews
2,582
5-star reviews
1,657
5-star reviews
More about Plenti Personal Loans

How much is a monthly payment on a $20,000 personal loan?

The monthly payment on a $20,000 personal loan depends on several factors, including the interest rate, loan term, and any additional fees

What should I consider before applying for a $20,000 personal loan?

Evaluate how taking on a $20,000 personal loan will affect your overall financial situation. Consider your existing debts, monthly expenses, and savings goals to ensure you can comfortably afford the loan payments without jeopardising your financial stability.

What are the available repayment periods for a $20,000 personal loan?

A $20,000 personal loan can be repaid in terms from 3 to 7 years.

Unsecured vs Secured loans: Which is the best for borrowing $20,000 personal loan?

It would depend on your individual circumstances. At Plenti, we specialise in unsecureds, while our car loans are secured against the vehicle.

How long will it take to repay a $20,000 personal loan?

A $20,000 personal loan can be repaid in terms from 3 to 7 years.

How do I apply for a $20,000 personal loan?

Start by clicking the button below:

  • Fill out the quick online form and you’ll get a personalised estimate of how much you could borrow and the interest rate
  • Decide how much you want to borrow and how long you want to have to repay your loan

Is it better to get a $20,000 personal loan or credit card?

The better choice between a $20,000 personal loan and a credit card depends on your individual circumstances and preferences. Consider factors such as interest rates, repayment terms, credit impact, and fees to make an informed decision that aligns with your financial goals.

How can I calculate my loan repayments for a Plenti personal loan?

You can use Plenti’s repayment calculator to find out your estimated loan repayments.