10/19/2023 0 Comments Boat loan repayment calculator![]() ![]() By harnessing the power of a boat loan calculator, prospective boat owners can gain insights into their loan's total cost and monthly payment, empowering them to make informed decisions and set sail on their maritime adventures with confidence.Ī boat loan calculator is a user-friendly online tool designed specifically to assist individuals in estimating the financial aspects of their boat loan. Thankfully, a boat loan calculator can be an invaluable tool in this process. Given the significant investment involved, it's essential to understand the financial implications and plan accordingly. OurMoneyMarket Lending Pty Ltd ABN 64 605 231 669 holds Australian Credit Licence number 488228.When it comes to purchasing a boat, many individuals find themselves faced with the task of securing financing. The TMD for OurMoneyMarket Lending’s loan products can be found here.īy accessing or using this website or the OurMoneyMarket Investment Trust you agree to be bound by our Terms of Use. The Target Market Determination for the OurMoneyMarket Investment Trust can be downloaded here.Ħ. Diversification of your investment across several investments may reduce your overall risk.ĥ. Past performance is no indication of future performance and actual returns will be dependent on the performance of specific investments selected by you. An investment may achieve lower than expected returns and investors risk losing some or all of their principal investment. The manager of the Trust is OurMoneyMarket Pty Ltd, AFSL Authorised Representative Number 1252443, appointed by MSC Advisory Pty Ltd ACN 607459441 and AFSL 480649, a related party of the trustee, Melbourne Securities Corporation Ltd ACN 160 326 545 AFSL 428289. Any person seeking to make an investment should review the Product Disclosure Statement and seek legal, financial and taxation advice relative to their own circumstances. Units in the OurMoneyMarket Investment Trust provide investors with exposure to consumer finance loans. Investors: This information refers to the marketplace lending platform operated by OurMoneyMarket Pty Ltd and the offer of units in the OurMoneyMarket Investment Trust ARSN 616 185 534 (the “Trust”). Investor rates may assume payments received are continually reinvested at the stated rate and that there are no borrower late payments or defaults.Ĥ. Investor rates are displayed on an annualised basis and are net of applicable fees due to OurMoneyMarket. (comparison rate 7.19%), means the total amount you would need to repay would be $35,807.29 (made up of $30,000 principal, interest of $5,357.29.80 and a $450 establishment fee).ģ. A OurMoneyMarket Personal Loan of $30,000 borrowed for 60 months, with a fixed rate of 6.57% p.a. ![]() Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.Įxample loan. Different amounts and terms will result in different comparison rates. WARNING: The comparison rate applies only to the example given. is based on an unsecured personal loan of $30,000 over 5 years. Fees, charges, terms and conditions apply.Ģ. ![]() Approvals are subject to OurMoneyMarket’s credit criteria and responsible lending requirements. to 21.78% p.a.) and are offered based on the individual borrower’s credit assessment according to OurMoneyMarket’s credit scorecard. Subject to approval, OurMoneyMarket’s Secured Loan interest rates range from 6.57% p.a. © 2022 Copyright OurMoneyMarket Disclaimer For No Feeġ. ![]()
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