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- Secured Personal Loan
Secured Personal Loan
- 1 to 7 years
- Secured
- Fixed Rate
- No ongoing fees
Interest rate p.a.
8.49%
up to 19.99%
Comparison rate* p.a.
8.78%
up to 20.31%
Secured Personal Loan
- 1 to 7 years
- Secured
- Fixed Rate
- No ongoing fees
Interest rate p.a.
8.49%
up to 19.99%
Comparison rate* p.a.
8.78%
up to 20.31%
Calculate your repayments for this loan
$
Your estimated repayment
$947
based on 30000 loan amount for 3 years at 8.49%
Pros and Cons
For Secured Personal Loan
Benefits
- Lower than average rate
- No ongoing fees
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Use the loan for any worthwhile purpose
Drawbacks
- Higher than average application fee
The Mutual Bank Rate Personal Loan overview
For Secured Personal Loan
Details
Total repayments
$34,088
Interest rate type
Fixed
Borrowing range
$5k - $100k
Security type
Secured
Loan term
1 to 7 years
Secured by
Property
Loan type
Repayment frequency
Monthly, Weekly, Fortnightly
Target Market Determination
Visit The Mutual 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
$200
Ongoing fee
$0
Missed payment penalty
$50
Early exit penalty fee
$0
