• Loan charges include a fixed interest rate, an application fee of $30, and a monthly administration fee. 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 the terms and conditions that are provided with each application.

  • You can use the repayment calculator on this page to calculate the total cost of the loan over 3 or 6 months.

 

  • An application fee of $30 is charged on completed RentBond loans, and a monthly administration fee. The administration fee varies depending upon the size of the bond and the term over which the bond is financed. 
  • A reprocessing fee of $15 may be charged if there is a need to reprocess a payment due to a payment default by you, and a cancellation fee of $20 to cover our administrative costs associated with any cancellation of the contract by you.
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