The Finance Algorithm
First Option Bank

VIP PERSONAL LOAN

Available to members with an existing mortgage

Personal loansBank updated 8 Jan 2025
At a glance
Variable
7.99% · 8.24% comparison
Upfront fee
$175
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableP&I7.99%8.24%
§ 02 — Fees · 2
FeeTypeAmountWhenNotes
PERSONAL_LOAN_APPLICATIONUpfront$175
PERSONAL_LOAN_REDRAWWithdrawal$10
§ 03 — Features
RedrawDigital banking
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Australian Resident
  • · Available to individuals
  • · Available to members with an existing mortgage

Published by First Option Bank under the Consumer Data Right, last changed by them on 8 Jan 2025. 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.