Borrowing
Borrow on terms you can read.
Personal loans, vehicle finance, mortgages, home equity and student funding — priced clearly, decided quickly, and explained by someone who will pick up the phone.
Illustrative repayment profile for a fixed-rate loan. Your figures will differ.
What you can borrow for
Six kinds of lending.
Personal loans
Consolidate more expensive borrowing, cover a one-off cost or spread something large over a period that suits your income.
- $1,000 to $75,000 over one to seven years
- Fixed rate and fixed monthly payment for the whole term
- No arrangement fee and no charge for settling early
- Funds usually in the account within one business day of signing
Illustrative only. Past performance is not a guide to future returns, and the value of investments can fall as well as rise.
Mortgages & home loans
First purchase, moving, remortgaging or a second property — with an adviser who models the scenarios rather than quoting a headline rate.
- Fixed, tracker and offset options from two to ten years
- Up to 90% loan to value for residential purchase
- Decision in principle valid for ninety days
- Free standard valuation and a dedicated completion contact
Vehicle & motorcycle finance
New, used, electric or two-wheeled, from a dealer or a private seller.
- Terms to 84 months, with a discount for battery-electric vehicles
- Hire purchase or personal contract purchase
- Same-day approval on most applications under $40,000
- Gap and shortfall protection available, never bundled by default
Home equity & further advances
Release value already in the property for a renovation, an extension or an energy retrofit.
- Interest-only or repayment home equity lines
- Draw what you need, when you need it, and pay interest only on the balance drawn
- Preferential pricing on certified efficiency improvements
- Second-charge lending considered alongside your existing mortgage
Student & professional study finance
Tuition, living costs or a professional qualification, with repayments that start once you do.
- Interest-only while studying, plus a six-month grace period after graduation
- No penalty for overpaying at any time
- Guarantor and non-guarantor options
- Postgraduate and professional qualification funding to $60,000
Refinancing
Move existing borrowing to Oceans Pacific and see, in writing, exactly what it saves you before you commit.
- Side-by-side comparison of total cost, not just monthly payment
- We handle the settlement of the outgoing lender
- No fee to refinance vehicle or personal loans
- Remortgage legal work covered on qualifying products
Rates
Representative rates today.
| Product | Representative APR | Typical term | Amount |
|---|---|---|---|
| Personal loan | 7.9% | 1–7 years | $1,000–$75,000 |
| New vehicle (to 66 months) | 6.4% | 2–7 years | to $120,000 |
| Used vehicle (to 66 months) | 7.2% | 2–6 years | to $80,000 |
| Electric vehicle | 5.9% | 2–7 years | to $120,000 |
| Residential mortgage, 5-year fix | 4.29% | to 35 years | to 90% LTV |
| 10/1 adjustable mortgage | 4.64% | to 30 years | to 85% LTV |
| Home equity line (interest only) | 6.85% | to 15 years | to 75% LTV |
| Student loan | 4.9% | to 15 years | to $60,000 |
Representative example: a $12,000 personal loan over 5 years at 7.9% APR fixed would cost $241.86 a month, with a total repayable of $14,511.60. Illustrative figures; your rate depends on your circumstances and the amount borrowed. Your home may be repossessed if you do not keep up repayments on a loan secured against it.
Managing your loan
Four ways to pay, and help if it gets hard.
Direct debit
Set it once and forget it. Change the payment date twice a year at no cost.
One-off payment
Overpay by any amount from the app, with interest recalculated the same day.
At a branch or by post
Pay in person or send a cheque with the reference on your statement.
If money gets tight
Tell us early. Payment holidays, term extensions and interest freezes are available, and asking does not harm your file with us.
Find out what you could borrow.
A soft eligibility check gives you an indicative rate and limit in about two minutes, with no mark on your credit file.