The Finance Algorithm
Queensland Country Bank

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.

Personal loansBank updated 23 Sept 2026
At a glance
Variable
7.24% · 7.99% comparison
Upfront fee
$205
Monthly fee
$5
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
VariableBoat 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.P&Iup to null7.24%7.99%
VariableBoat Loan (near new) - for the purchase of personal, trailerable watercraft up to five years of age. Comparison Rate calculated on a secured loan of $30,000 over a 5 year term based on monthly repaym…P&Iup to null8.24%8.99%
§ 02 — Fees · 8
FeeTypeAmountWhenNotes
Arrears Letter Fee - Default Notice prior to EnforcementEvent$70
Arrears Letter Fee - Second Arrears LetterEvent$40
In Branch Redraw FeeEvent$8Redraw Fee Applies for Assisted Transactions
Online Redraw FeeEventNo fee$0 Redraw Fee Applies for Online Transactions
Other Credit FeesOtherVariesRefer to our Fees and Charges brochure for information on other fees and charges which may apply.
Loan Maintenance FeePeriodic$5Every 1 moUltimate Home Loan Package
GSA Document FeeUpfront$55Charging on Origination. If borrowing for a boat and trailer, multiple document fees may apply
Personal Establishment FeeUpfront$150Ultimate Home Loan Package
§ 03 — Features
RedrawExtra repaymentsDigital banking
  • · No deposit required
  • · Loan Terms up to 7 years
  • · Conditional pre-approval available
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Loans are available to members of the bank who are permanent residents of Australia and currently live in Australia
  • · Available to individuals

Published by Queensland Country Bank under the Consumer Data Right, last changed by them on 23 Sept 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.