As seen in
A typical BondSure bond loan looks like this:
You’re looking to rent a new property that costs $500 per week. Most rental properties require four weeks rent as a bond which in this case comes to a whopping $2,000! BondSure can cover your bond with a simple loan covered by bond insurance paid back over the lease period.
Here’s how it works
Plus an initial fee of $235
(APR 21.8%, Comparison Rate 43.28%)
Assumes a $2,000 bond, a 12 months repayment period, the bond insurance only and the full bond being refunded at the end of the lease without an insurance claim. The total loan is $2,313.45, after payment of fees of $235 on Day 1. The interest rate is APR of 21.8% (Comparison Rate is 43.28%). WARNING: This and other comparison rates are true only for the examples given and may not include all fees and charges. Different terms fees or other loan amounts might result in a different comparison rate.