Loan for Air Conditioner | $2,500 to $10,000 | 100% Online | Apply Today

Are you currently googling “how much does an air conditioner cost?” You may be dreading the results. Don’t worry, Nifty Loans is ready to help with a loan for air conditioner to keep you cool this summer.

Everyone hates to hear those dreadful words, “It’s time to replace your air conditioning unit”. However, wear and tear is inevitable. No matter how expensive your unit is and how well you maintain it, sooner or later it will break down and you’ll have to replace it.

When buying a new air conditioning unit, it may be best to pay for it upfront. Some people have the cash in hand to finance an air conditioning unit out of pocket. Unfortunately, for most Aussies, this isn’t always possible, as air conditioning units come with a hefty price tag. The high price of an air conditioner can put you in a tough position. So, instead of suffering the scorching heat, just apply with Nifty Loans for cooling system finance.

An older woman with a blonde bob and a blue sweater changing the temperature on her air conditioner

What is an air conditioner loan?

You don’t have to suffer through the blazing heat of summer in that hot box you call home when Nifty is here to bail you out. We offer loans for air conditioners to help consumers finance air conditioning units. The maximum amount that can be borrowed is $10,000, which may be enough for that new AC unit you have set your eyes on. You won’t have to worry about losing your cool when you can use our personal loan to purchase and install your AC unit.

Air conditioner installation

Homeownership is a goal many Aussies strive for and although exciting, it doesn’t come without a cost. Maintenance and upkeep of a house isn’t a small expense, especially when large appliances break down. Replacing an air conditioner can easily be one of the most expensive fixes for a fresh-faced homeowner.

What is the cost of an air conditioner?

The cost of an air conditioner and installation can be anywhere between $600 and $5,400 depending on the type of unit you choose and the complexity of installation. Since it is an important investment, settling for a cheap air conditioner may not be the best option, as they will likely break down sooner. If you are concerned about the high cost of air conditioner installation, don’t sweat it; Nifty’s got you covered.

Even if the air conditioner installation cost is high, you may be able to finance it with a loan from us. So, don’t lose your cool over the hefty price tag. Apply for the cost of air conditioner and installation from Nifty Loans!

Eligibility criteria

We have simple eligibility criteria to apply for quick loans. This criterion has been listed below:

  • Must be 18 years of age
  • Be an Australian citizen or permanent resident
  • Have internet banking set up
  • Show a consistent income for a minimum of 3 months
  • Have an active mobile number and email address

Tick all these boxes? Just scroll up to apply for the cost of air conditioner and installation through Nifty Loans.

Bad credit air conditioner loans

You might think that applying for a personal loan is a waste of time if you have bad credit. When you apply with Nifty Loans, that’s simply not true. You might have experienced financial expenses in the past which may have hurt your credit score, but at Nifty, we believe in second chances. Just because your past was less than perfect, doesn’t mean it should affect your future.

While we do check your credit score, there are other factors we take into account to determine whether you qualify for an air conditioner loan. That means bad credit may not stop you in your tracks. Our loan specialists look at more than just your credit – they also look at your current relationship with money. Don’t sweat it; we’ll give you a fair go and won’t judge you solely on your credit score.

Beat the heat with Nifty!

When you’re short on cash and your air conditioning unit breaks down, don’t think twice about getting it replaced. There is no point in suffering through the scorching heat of summer when you have Nifty to keep you cool. You may be able to pay for your air conditioning unit more conveniently by spreading the costs over time. So, don’t hesitate to apply with Nifty now to save you sweating later!

Ready to apply?

Personal Loan Details

Loan Amounts $5,000 – $15,000
Loan Terms 9 – 24 months
Starting Interest Rate (APR) 11.42% (Excellent Credit)
Starting Comparison Rate 14.49% (Excellent Credit)
Ceiling Interest Rate (APR) 21.24% (Average Credit)
Ceiling Comparison Rate 45.56% (Average Credit)
Type of rate Fixed Rate
Repayment options Weekly, Fortnightly, Monthly
Monthly Fee $0
Early repayment fee $0
Average turnaround 60 minutes*
Loan Options Unsecured & secured options

Credit criteria and terms and conditions apply. Representative example: based on a loan of $10,000 over 36 months a borrower with an excellent credit history can expect to pay a total of $12,389.76. WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Interest rates vary subject to a full credit assessment. This represents a comparison rate of 14.49% p.a. and includes all interest and fees included in your loan repayments over the life of your loan. For our personal loan product the APR starts from a minimum of 11.42% (14.49% comparison rate) with a maximum of 21.24% (45.56% comparison rate). The minimum loan term is 9 months and the maximum loan term is 24 months. For more details and examples visit our rates and fees page.