The Mutual Bank
Secured Personal Loan
A secured personal loan for worthwhile purposes, secured by a vehicle up to the age of 7 years old.
At a glance
- Pricing
- Rates on application
- Fixed
- 7.99% · 8.27% comparison
- Loan size
- $5,000 to $150,000
- Upfront fee
- $200
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | P&I | 7 yrs fixed | — | 7.99% | 8.27% | — |
§ 02 — Fees · 5
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| DEFAULT_ADMINISTRATION_FEE | Event | $50 | — | Payable to us when the borrower (or security provider) has not performed an obligation on time including an obligation to pay money. This fee is payable monthly commencing one month after the obligat… |
| PPSR_SEARCH_&_REGISTRATION_FEE | Event | $0 to $0 | — | Amount not ascertainable. ayable to us to cover the cost when we undertake a search of and register our interest in the Personal Property Securities Register for a vehicle and/or equipment that we ar… |
| RENEGOTIATION_FEE | Event | $300 | — | Per renegotiation. Payable to us whenever we agree to renegotiate or vary conditions on your loan other than altering interest rate options. |
| SECURITY_SUBSTITUTION_FEE | Event | $300 | — | Per new security. Payable to us to substitute a new security for an existing one. |
| LOAN_APPLICATION_FEE_PERSONAL_LOAN | Upfront | $200 | — | Payable to cover costs when you apply for a loan. |
§ 03 — Features
RedrawExtra repaymentsDigital banking
- · No early repayment fee
- · Loan terms up to 7 years
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Australian citizen or a permanent resident of Australia or otherwise approved
- · Available to individuals
- · Amount $5,000 to $150,000
- · Secured by vehichle up to the age of 7 years old at the time of application
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Maitland Mutual Limited under the Consumer Data Right, last changed by them on 1 July 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.