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- Summerland Bank
- 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
$611
based on 30000 loan amount for 5 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
$36,661
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