What are my all on 4 payment plan options?
Below I have listed in detail All on four payment plan options that may be available to you and a handy checklist to use when you are comparing plans. Some choices listed are widely known, and if you have been researching All on four, you have probably already considered these. But some, like early release super, is an option that many people have never considered, nor did they know was available.
Personal loan for All on 4
Most banks now offer speciality dental or medical loans. When considering a personal loan, you will want to look at the interest rate quoted for the life of the loan. Interest rates can vary dramatically. The most significant determining factor when it comes to interest rates is your credit history so if you have an excellent rating - this may be a good option for you.
Click here to get a quick comparison of dental loans.
Speciality medical finance for All on 4
There are many companies now offering speciality medical and dental finance. Below is a list of some of the more well-known providers and a checklist of the things to look out for when comparing them. Please bear in mind the information below was correct at the time of writing but may have changed. Refer to the individual websites for the most up to date information.
MediPay
We often recommend MediPay as an option for our patients here at MSC. The pricing is transparent, and it is an easy online application. They even provide a handy online calculator so you can see how much your repayments will be fortnightly or monthly.
- Limit: Up to $30,000
- Deposit: None required
- Interest rate: Check online for the latest rates
- Repayment period: Up to 4 years
Link to MediPay website
Denticare
Denticare is a company that only provide finance for dental procedures and is a popular option among practices. The application needs to be processed through the dental practice.
- Limit: Up to $24,000
- Deposit: Can vary depending on the treatment
- Interest rate: None (Interest-free)
- Repayment period: Up to 2 years
Link to Denticare website
Checklist:
Loan Features Table
| Feature |
What you should know |
Check |
| Limit |
Check the maximum amount you can borrow |
$ |
| Interest rate |
Compare rates, some even offer interest-free terms (with a shortened repayment period). |
% |
| Deposit |
Check to see if a deposit is required |
$ |
| Repayment period |
Check how long you have to pay off your loan |
T |
| Fees |
Ensure they are transparent with upfront and monthly fees and check for hidden costs |
Extra cost |
| Application process |
Check if you can apply directly online or through your dentist |
|
| Inclusions |
Check with your All on 4 surgeon that all costs are included in the quote and there are no hidden 'extras' or surprises down the track |
Total cost $ |
Using your Superfund for All on 4
If none of the above options are available to you, you may be able to apply to use your super on compassionate grounds for medical treatments (such as All on four). This is known as Early release super (ERS).
You can also apply to get early super release to pay these costs for your partner, child or another dependant. Some conditions come with this option which you can read about on the Australian Government website here.
It’s also worth noting that the early release of super on compassionate grounds will only be granted to help you cover unpaid costs. If you’ve already paid those costs, even by using a loan or credit card, you won’t be able to access your super.
There are also companies that will help you navigate the application process (for a fee) such as SuperCare.
