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- Summerland Bank
- General Purpose Loan Secured By Cash
General Purpose Loan Secured By Cash
- 0 to 7 years
- Secured
- Variable Rate
Interest rate p.a.
6.74%
Comparison rate* p.a.
7.34%
General Purpose Loan Secured By Cash
- 0 to 7 years
- Secured
- Variable Rate
Interest rate p.a.
6.74%
Comparison rate* p.a.
7.34%
Calculate your repayments for this loan
$
Your estimated repayment
$590
based on 30000 loan amount for 5 years at 6.74%
Pros and Cons
For General Purpose Loan Secured By Cash
Benefits
- Interest rates ranked in the best 20%
- Lower than average application fees
- Flexible repayment options
- 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 General Purpose Loan Secured By Cash
Details
Total repayments
$35,422
Interest rate type
Variable
Borrowing range
$3k - $100m
Security type
Secured
Loan term
0 to 7 years
Secured by
Deposit
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
Instant approval
Time to funding
N/A
Fees
Upfront fee
$175
Ongoing fee
$5 Monthly
Missed payment penalty
$0
Early exit penalty fee
$0
