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Get the Help You Need with Medical Loans from Our Experts

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Despite having Medicare and private health insurance to support their medical and health requirements, many Australians still face significant medical costs. Elective and non-elective surgery, courses of specialist treatments and medications, rehabilitation and therapy, emergency procedures and other conditions, can leave even those with high level health insurance with hefty out-of-pocket expenses.

  • Low medical loan interest rates
  • Credit score not impacted
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Why Aussies Choose Jade

 
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Loan Specialist

Personal Loan Specialist

With over 25 years of experience in finance, we have a reputation for negotiating great rates with same-day approvals.
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Healthcare Financing Solutions for Patients in Need

For some, receiving certain medical procedures or health treatment may be lifesaving. But facing high costs, some patients face difficult decisions around how to proceed. Needing medical treatment and procedures and not having the funds readily available to meet the expenses can be devastating.

We provide patients with the help they require with healthcare financing for procedures, surgeries and treatments with our specialist medical procedure loans. Loans for health expenses which are individually sourced by our expert brokers to meet individual requirements.

A doctor discusses upcoming recommended medical treatments and the associated costs

Introduction to Medical Finance

We take a very personalised, understanding approach with individual brokers assigned to each customer. Our accreditation with over 80 lenders provides us with access to lenders that provide medical procedure loans and our expertise ensures competitive rates and workable terms.

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Helping Meet Costs

Medical finance plays an important role in supplementing the Australian healthcare system. Filling the gap between Medicare and Health Fund rebates to meet the overall cost to the patient.

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Example Medical Situations

Medical procedure loans are provided to individuals to cover out-of-pocket expenses for a range of treatments and surgeries. These may include joint replacements, organ transplants, cancer treatments, courses of special medications not covered by the PBS, emergency medical needs and other scenarios.

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Unsecured Personal Loans

Loans for health expenses are provided as Unsecured Personal Loans and can present an affordable way forward for many patients. Some lenders may request a form of security or collateral for some loan applicants.

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Loan Approval Guide

The amount that is approved for Personal Loans depends on the credit score and financial situation of the applicant and the lender guidelines. As a guide, loans of this type can be approved for $5,000 to $50,000.

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Lower Interest Rates

The interest rate for Unsecured Personal Loans may be variable or fixed. Your Jade broker will be working with our lenders to achieve the lowest rate possible. The term is fixed, and a monthly schedule of repayments established.

Flexible Personal Loans for Your Medical Expenses

This lending product can present an affordable and flexible means of covering medical expenses for many individuals. For a quote on loans for medical procedures, give us a call or submit a quote request online.

  • Unsecured Personal Loans for out-of-pocket medical expenses.
  • Range of purposes, elective and non-elective, treatment.
  • Competitive variable and fixed rate options.
  • Experts to handle the loan arrangements.
A doctor is using a calculator and a pen at a desk to work out a medical bill. Others in the background are engaged with a laptop and documents in a medical setting.

Personal finance guides and resources

Our guides offer quick comparisons and simple explainers to help you navigate through the financing process with confidence.

Estimating Loan for Medical Expenses with Personal Loan Calculator

Prior to applying for a loan for healthcare financing, customers can use our Personal Loan Calculator to obtain estimates for their loan. This device is easy to use, fast, and having a rough estimate may provide peace of mind while the application is being processed.

Rates will be individually quoted, but for the purpose of calculating an estimate, use the rate we are currently displaying for Unsecured Personal Loans.

For a quote specific to your requirements, contact us by phone or online.

  • Quickly estimate loans for health expenses.
  • Fast, easy-to-use online resource.
  • Establish term and repayment preferences.
A doctor is using a calculator and a pen at a desk to work out a medical bill. Others in the background are engaged with a laptop and documents in a medical setting.
Lender Loan Product Advertised Rate Comparison Rate Monthly Repayment
Jade Personal Loan 5.67%Secured 6.10%Comparison $575.39 MONTHLY
Heritage Personal Loan 8.49%Fixed Rate 9.12%Comparison $615.35 MONTHLY
Westpac Personal Loan 7.99%Fixed Rate 9.18%Comparison $608.15 MONTHLY
CBA Personal Loan 7.50%Fixed Rate 8.20%Comparison $601.14 MONTHLY
Bendigo Personal Loan 7.79%Unsecured 8.51%Comparison $605.28 MONTHLY
BOQ Personal Loan 10.99%Fixed Rate 11.71%Comparison $652.12 MONTHLY
ANZ Personal Loan 7.49%Fixed Rate 8.18%Comparison $601.00 MONTHLY
Jade
Personal Loan
5.67%Secured 6.10%Comparison $575.39 MONTHLY
Heritage
Personal Loan
8.49%Fixed Rate 9.12%Comparison $615.35 MONTHLY
Westpac
Personal Loan
7.99%Fixed Rate 9.18%Comparison $608.15 MONTHLY
CBA
Personal Loan
7.50%Fixed Rate 8.20%Comparison $601.14 MONTHLY
Bendigo
Personal Loan
7.79%Unsecured 8.51%Comparison $605.28 MONTHLY
BOQ
Personal Loan
10.99%Fixed Rate 11.71%Comparison $652.12 MONTHLY
ANZ
Personal Loan
7.49%Fixed Rate 8.18%Comparison $601.00 MONTHLY

THE COMPARISON RATE IS CALCULATED ON A SECURED LOAN OF $30,000 FIXED FOR A TERM OF 5 YEARS, EFFECTIVE 08/05/2026 AND SUBJECT TO CHANGE. WARNING: THE COMPARISON RATE IS TRUE ONLY FOR THE EXAMPLES GIVEN AND MAY NOT INCLUDE ALL FEES AND CHARGES. DIFFERENT TERMS, FEES OR OTHER LOAN AMOUNTS MAY RESULT IN A DIFFERENT COMPARISON RATE.

We work harder to secure the best rates.

Medical Loans FAQs

  • Medical and healthcare procedures and treatment can be financed with an Unsecured Personal Loan.

  • An application for a personal loan for healthcare expenses requires ID, proof of income and Australian residency, asset and liabilities details, bank statements and other financial documentation. Applicants must be over the age of 18.

  • If the patient is an Australian resident and returning to Australia after the procedure to repay the loan, medical procedures being carried out overseas may be considered eligible for funding by Australian lenders.

  • Interest rates are offered by lenders based on their assessment of the individual application.

  • Healthcare loans can be used for a wide range of procedures including dental expenses.

  • Hip replacements can be eligible for medical procedure loans.

  • Lenders will typically want details of the purpose for the funding when considering loan applications. Approval for different types of procedures and treatments can be subject to lender guidelines and criteria.

  • Many personal loan applications can be approved in 24 hours with funds released promptly after settlement.

  • The term for a personal loan is approved by lenders after an assessment of the application. Terms for personal loans can vary from 1 year to 5-7 years.

  • A Personal Loan Calculator can be used to calculate estimates on repayments. These are only estimates as the calculator does not allow for fees and charges and the interest rate offered may differ from the rate displayed by the lender.