RBA Cash Rate: 4.35% · 1AUD = 0.71 USD · Inflation: 4.6%  
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Example Interest Rates: Home Loan Variable: 5.24% (5.24%*) • Home Loan Fixed: 5.70% (6.06%*) • Fixed: 5.70% (6.06%*) • Variable: 5.24% (5.24%*) • Investment IO: 5.69% (5.72%*) • Investment PI: 5.49% (5.52%*)
Product Library

  Personal Loan-Boat Loan

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 April 29, 2026  Effective April 29, 2026

General Lending Rates

Rates listed below are for a VARIABLE P&I 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
7.75%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 vary based on the LVR and other conditions.

Lending Rate Type: Variable
Interest Rate: 7.99%, Comparison Rate 8.74%
Repayment Type: Principal And Interest
Loan Purpose:

Product Features

  • Digital Banking
  • Extra Repayments Additional Information: No penalties for extra repayments on variable rate loans
  • Other Additional Information: No deposit required
  • Other Additional Information: Loan Terms up to 7 years
  • Other Additional 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.
  • Gsa Document Fee (Upfront), Amount: 55.00. Additional Information: Charging on Origination. If borrowing for a boat and trailer, multiple document fees may apply
  • Loan Maintenance Fee (Periodic), Amount: 5.00.
  • In Branch Redraw Fee (Event), Amount: 8.00. Additional Information: Redraw Fee Applies for Assisted Transactions
  • Online Redraw Fee (Event), Amount: 0.00. Additional Information: $0 Redraw Fee Applies for Online Transactions
  • Other Credit Fees (Variable), Amount: Not Listed.. Additional Information: Refer to our Fees and Charges brochure for information on other fees and charges which may apply.
  • Arrears Letter Fee - Second Arrears Letter (Event), Amount: 40.00.
  • Arrears Letter Fee - Default Notice Prior To Enforcement (Event), Amount: 70.00.

Document Downloads

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Finance Guide, Cropped Top and Bottom
Timezone: E. AUSTRALIA STANDARD TIME · [ CHANGE ]

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