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  3. Defence Bank
  4. Consolidation Loan

Consolidation Loan

  • 1 to 7 years
  • Unsecured
  • Variable Rate

Interest rate p.a.

13.99%

Comparison rate* p.a.

14.93%

Consolidation Loan

  • 1 to 7 years
  • Unsecured
  • Variable Rate

Interest rate p.a.

13.99%

Comparison rate* p.a.

14.93%

Calculate your repayments for this loan

$

Your estimated repayment

$1,025

based on 30000 loan amount for 3 years at 13.99%

Pros and Cons

For Consolidation Loan

Benefits

  • Lower than average application fees
  • Flexible repayment options
  • No security required
  • Can apply online

Drawbacks

  • Service fee charged
  • Cannot apply in branch

Defence Bank Rate Personal Loan overview

For Consolidation Loan

Details

Total repayments
Interest rate type

Variable

Borrowing range

$1k - $100k

Security type

Unsecured

Loan term

1 to 7 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit Defence Bank to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

Instant approval

Time to funding

N/A

Fees

Upfront fee

$150

Ongoing fee

$10 Monthly

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