Interest Rate Disclosure

We offer personalised interest rates ranging from 11.9% up to 16.9% per annum, however, the specific rate which we can offer you will depend on the details of your application. The rate is affected by factors such as the security that is available for your loan and your credit score.

Nova is also pleased to offer Credit Contract Indeminity, so that you can have peace of mind knowing that your loan repayments are covered. This insurance is optional, however, we recommend it for added security in case the unexpected happens.

The one-off documentation fee for our loans is $450 and is included in your monthly payments. This does not need to be paid upfront. Small administration fees may be charged and included in your loan on finalisation of your loan to cover the cost of credit checks, register searches and other reasonable administration costs.

Applying through Nova Medical Finance Limited is free and you are under no obligation to finalise your loan even after it has been approved.

Rates and fees are subject to change without notice.