Important disclosure

Gateway Bank Ltd

Eco Personal Loan

Real Time Rating™

1 to 5 years
Unsecured
Variable Rate
Interest Rate

5.75%

p.a

Variable

Comparison Rate*

6.76%

p.a

Variable up to 6.76%

Real Time Rating™
Tags
1 to 5 years
Unsecured
Variable Rate
Interest Rate

5.75%

p.a

Variable

Comparison Rate*

6.76%

p.a

Variable up to 6.76%

Calculate your repayments for this loan

$

Your estimated repayment

$909

based on $30,000 loan amount for 3 years at 5.75%

Promoted personal loans

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Lower Rate

Low Rate Personal Loan Secured (Excellent Credit)

Real Time Rating™
1 to 7 years
Secured
Fixed Rate
Instant approval
Interest Rate

6.57%

p.a

Fixed up to 9.29%

Comparison Rate*

7.19%

p.a

Fixed up to 13.58%

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Secured

Secured Personal Loan (Very Good Credit)

Real Time Rating™
3 to 7 years
Secured
Fixed Rate
No ongoing fees
Interest Rate

8.78%

p.a

Fixed up to 11.27%

Comparison Rate*

9.71%

p.a

Fixed up to 12.58%

Promoted

Generic

Secured Personal Loan (Excellent Credit)

Real Time Rating™
3 to 7 years
Secured
Fixed Rate
No ongoing fees
Interest Rate

6.72%

p.a

Fixed up to 8.77%

Comparison Rate*

6.86%

p.a

Fixed up to 9.77%

Pros and cons

For Eco Personal Loan

Benefits

  • Interest rates ranked in the best 20%
  • Lower than average application fees
  • Unlimited extra repayments
  • Flexible repayment options
  • No security required
  • Can apply online
  • Green loan

Drawbacks

  • Cannot apply in branch

Gateway Bank Rate Personal loan overview

For Eco Personal Loan

Details

Total repayments

Interest rate type

Variable

Borrowing range

$3k - $30k

Security type

Unsecured

Loan term

1 to 5 years

Secured by

Loan type

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit Gateway Bank Ltd 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

$149

Ongoing Fee

$0

Missed Payment Penalty

$0

Early Exit Penalty Fee

$0

Permitted Loan Purposes

New Car

Used Car

Motorcycle

Boat

Debt Consolidation

Renovation

Holidays

Medical Bill

Shares

Student Loan

Wedding

Personal loans

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