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  4. Share Loan

Share Loan

  • 1 to 5 years
  • Unsecured
  • Variable Rate
  • No ongoing fees

Interest rate p.a.

8.15%

Comparison rate* p.a.

9.49%

up to 9.49%

Share Loan

  • 1 to 5 years
  • Unsecured
  • Variable Rate
  • No ongoing fees

Interest rate p.a.

8.15%

Comparison rate* p.a.

9.49%

up to 9.49%

Calculate your repayments for this loan

$

Your estimated repayment

$610

based on 30000 loan amount for 5 years at 8.15%

Pros and Cons

For Share Loan

Benefits

  • Lower than average rate
  • No ongoing fees
  • Unlimited extra repayments
  • Flexible repayment options
  • No security required
  • Can apply online

Drawbacks

  • Cannot apply in branch

Bank First Rate Personal Loan overview

For Share Loan

Details

Total repayments
Interest rate type

Variable

Borrowing range

$5k - $100m

Security type

Unsecured

Loan term

1 to 5 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit Bank First - Victoria Teachers Limited to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $0

Instant approval

Time to funding

N/A

Fees

Upfront fee

$195

Ongoing fee

$0

Missed payment penalty

$20

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat

Debt consolidation

Renovation

Holidays

Medical bill

Shares

Student loan

Wedding

FAQs