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| General Details |
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Institution: |
Westpac Banking Corporation
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Contact Number: |
13 19 00
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Product Name: |
Boat Loan
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Apply: |
n/a
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| Product Details |
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Loan Type: |
Fully Drawn Advance
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Loan Purpose: |
Purchase of a new or used boat through a registered dealer.
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Repayment Type: |
Principal and Interest
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Min Loan Amount: |
$4,000.00
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Max Loan Amount: |
$70,000.00
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Min Loan Term: |
1 year/s
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Max Loan Term: |
7 year/s
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Available as Car Loan: |
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Car Type: |
n/a
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Security Type: |
Other
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Minimum Repayment: |
n/a
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Margin: |
-
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| Interest Rates |
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Variable Rate: |
-
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Default Rate: |
-
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Min Rate: |
13.39%
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Max Rate: |
14.29%
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1 Yr Fixed: |
-
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2 Yr Fixed: |
14.29%
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3 Yr Fixed: |
13.79%
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4 Yr Fixed: |
13.79%
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5 Yr Fixed: |
13.79%
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6 Yr Fixed: |
13.79%
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7 Yr Fixed: |
13.79%
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| Comparison Rates |
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Variable Rate: |
-
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Default Rate: |
-
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Min Rate: |
-
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Max Rate: |
-
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1 Yr Fixed: |
-
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2 Yr Fixed: |
22.78%
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3 Yr Fixed: |
20.56%
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4 Yr Fixed: |
15.23%
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5 Yr Fixed: |
14.65%
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6 Yr Fixed: |
14.38%
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7 Yr Fixed: |
14.23%
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| Fees |
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Application Fee: |
$250.00
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Min Entry Fee: |
$250.00
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Max Entry Fee: |
$250.00
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Other Fee: |
-
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Line Fee: |
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Arrears Fee: |
$25.00
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Arrears Fee Charged: |
Monthly
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Transaction Fee: |
-
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Monthly Service Fee: |
$7.50
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Exit Fee: |
-
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Early Termination Fee: |
$175.00
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