The Finance Algorithm

At a glance

Variable
14.00%
Loan size
$2,000 to $50,000
Upfront fee
$300

How it compares

This overdraft in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This overdraft: 14.00%Every other institution's lowest, 14 in all

Lowest advertised rate open to anyone, including lines of credit secured against a home. One dot per institution, at its lowest personal overdraft or line of credit rate anyone can apply for; hover or tap a dot for its name.

RateThis overdraftBest anywhereTypical institutionWhere it sits
Personal overdraft or line of creditLowest advertised rate open to anyone, including lines of credit secured against a home14.00%7.49%Police Credit Union Limited's Allegro Line of Credit9.25%of 15 institutions13th lowest of 15

Rates

The one rate Coastline publishes for this overdraft.

TypeApplies toTermBandRateComparisonConditions
VariableInvestment, Interest only--14.00%-Existing cust

Fees

9 fees published, grouped by when they're charged.

When you take it out4

  • Loan Establishment Fee
    $300
  • PPSR Security Interest Fee
    $50
  • Property Search Fee
    $30
  • Settlement Disbursement Fee
    $5

When you make a transaction2

  • CU Solicitor Mtg Discharge Fee
    $380
  • Mortgage Discharge Fee
    $250

When particular things happen3

  • Arrears Reminder Fee
    $5
  • Final Notice of Demand
    $40
  • Manual Arrears Transfer Fee
    $5

Features

None published.

Eligibility and limits

  • Minimum age 18
  • Residency: Australia
  • Available to individuals
  • Amount $2,000 to $50,000

Published by Coastline Bank under the Consumer Data Right, last changed by them on 24 Mar 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.