RentBond charges include a fixed interest rate of less than 6% plus a monthly administration fee to cover our costs.
The interest rate payable varies depending upon the size of the bond and the term over which the bond is financed. The total cost to you is disclosed in bold on our terms and conditions that are provided with each application.
Example: If a bond application for $1,000.00 was to be repaid over 6 months, the total cost to you including administration fees, would be $93.00 which equates to less than 10% of the rental bond. Lower interest rates apply for larger bond amounts.