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  3. Summerland Bank
  4. Equity Plus Personal Loan Unsecured

Equity Plus Personal Loan Unsecured

  • 0 to 7 years
  • Unsecured
  • Variable Rate

Interest rate p.a.

8.19%

Comparison rate* p.a.

8.78%

Equity Plus Personal Loan Unsecured

  • 0 to 7 years
  • Unsecured
  • Variable Rate

Interest rate p.a.

8.19%

Comparison rate* p.a.

8.78%

Calculate your repayments for this loan

$

Your estimated repayment

$943

based on 30000 loan amount for 3 years at 8.19%

Pros and Cons

For Equity Plus Personal Loan Unsecured

Benefits

  • Lower than average rate
  • Lower than average application fees
  • Unlimited extra repayments
  • Flexible repayment options
  • No security required
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose

Drawbacks

  • Service fee charged

Summerland Bank Rate Personal Loan overview

For Equity Plus Personal Loan Unsecured

Details

Total repayments
Interest rate type

Variable

Borrowing range

$3k - $100m

Security type

Unsecured

Loan term

0 to 7 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit Summerland Bank 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

$175

Ongoing fee

$5 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

Other Restrictions

Own or paying off home

FAQs