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  4. Personal Loan Secured

Personal Loan Secured

  • 1 to 7 years
  • Secured
  • Fixed Rate
  • No ongoing fees

Interest rate p.a.

7.09%

Comparison rate* p.a.

7.73%

up to 7.73%

Personal Loan Secured

  • 1 to 7 years
  • Secured
  • Fixed Rate
  • No ongoing fees

Interest rate p.a.

7.09%

Comparison rate* p.a.

7.73%

up to 7.73%

Calculate your repayments for this loan

$

Your estimated repayment

$618

based on 20000 loan amount for 3 years at 7.09%

Pros and Cons

For Personal Loan Secured

Benefits

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • Lower than average application fees
  • Unlimited extra repayments
  • Flexible repayment options
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose
  • Fast time to funding

Drawbacks

    Bank WAW Rate Personal Loan overview

    For Personal Loan Secured

    Details

    Total repayments
    Interest rate type

    Fixed

    Borrowing range

    $5k - $100m

    Security type

    Secured

    Loan term

    1 to 7 years

    Secured by

    Vehicle

    Loan type

    Repayment frequency

    Weekly, Fortnightly, Monthly

    Target Market Determination

    Visit Bank WAW to view Target Market Determination.

    Features

    Extra repayments

    Yes

    Redraw facility

    redraw activation fee of $0

    Instant approval

    Time to funding

    24 hours

    Fees

    Upfront fee

    $150

    Ongoing fee

    $0

    Missed payment penalty

    $0

    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