Borrow between $3,000 and $30,000 with loan terms up to 7 years, along with fee free redraw facilities to keep your finances under control.
|Interest Rate Per Annum (Annual Percentage Rate)||9.84% per annum|
|Comparison Rate||10.87% per annum*|
|Maximum Loan Term||7 years|
|Minimum Loan Term||No minimum term|
|Additional Payments Fee||$0|
|Other fees & charges||Nil|
Rates advertised apply to principal and interest repayment types only. Gateway reserves the right to vary these interest rates at any time. Interest rates quoted are for new lending only. Existing borrowers should contact Gateway to discuss their requirements. Applications for finance are subject to our standard credit assessment criteria. Full terms and conditions are included in the loan offer. Fees and charges apply.
1 Comparison rate is calculated based on an unsecured personal loan amount of $10,000 over a 3 year term. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
2 Minimum redraw amount is $250.
3 Fixed rates revert to the corresponding product's variable base rate upon expiry of fixed rate term.
Personal Loan Representative Example: Based on a loan of $10,000 over 36 months a borrower taking out a Variable Personal Loan can expect to pay a total of $11,738. This represents a comparison rate of 10.87% p.a. and includes all interest and fees included in your loan repayments over the life of the loan. Gateway Bank personal loans are available with no minimum payment term, to a maximum of 7 years. Interest rates range from 9.84% p.a. (comparison rate 10.97% p.a.) to 12.59% p.a. (comparison rate 13.64% p.a.).