Our Boat Loan allows you to purchase a new or used personal and trailerable watercraft up to five years of age.
Category: Personal Loans Last Updated December 6, 2024 Effective December 18, 2024
General Lending Rates
Rates listed below are for a VARIABLE product. Additional Information Boat Loan - for the purchase of new personal, trailerable watercraft. Comparison Rate calculated on a secured loan of $30,000 over a 5 year term based on monthly repayments.
Interest Rate 6.99% PA
Comparison Rate 7.51%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
Boat Loan (Near New)
Maximum: $
Lending Rate Type: Variable
Interest Rate: 7.99%, Comparison Rate 8.51%
Repayment Type:
Loan Purpose:
Product Features
Digital Banking
OtherAdditional Information: No deposit required
OtherAdditional Information: Loan Terms up to 7 years
OtherAdditional Information: Conditional pre-approval available
Redraw
Product Eligibility
Min Age - 18.
Natural Person
Residency Status - Loans Are Available To Members Of The Bank Who Are Permanent Residents Of Australia And Currently Live In Australia.
Bank Fees and Charges
Personal Establishment Fee (Upfront), Amount: 120.00.
Loan Maintenance Fee (Periodic), Amount: 5.00.
In Branch Redraw Fee (Event), Amount: 8.00.
Online Redraw Fee (Event), Amount: 0.00.
Other Credit Fees (Event), Amount: 0.00. Additional Information: Refer to our Fees and Charges brochure for information on other fees and charges which may apply.
Document Fee (Upfront), Amount: 55.00.
Arrears Letter Fee - Second Arrears Letter (Event), Amount: 40.00.
Arrears Letter Fee - Default Notice Prior To Enforcement (Event), Amount: 70.00.