need some financial advice folks

  1. 4,504 Posts.
    I'm thinking of buying some BHP shares now for the longterm but I don't have the Cash.

    Will a Bank give me a Personal Loan for say $40-$50k worth of BHP shares? I can offer my Car as security which is fully owned and worth $25k, I have Cash in Term Deposits worth $60k, I have Shares worth around $15k and I have quite a good steady income which I can afford repayments of around $1k per month easily?

    Can you repay a Personal Loan early, like if I took it out and decided to sell my shares 1 month later, can I pay the Loan out?

    Need advice, thanks!
 
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(20min delay)
Last
$41.26
Change
0.390(0.95%)
Mkt cap ! $209.4B
Open High Low Value Volume
$40.99 $41.35 $40.82 $282.2M 6.860M

Buyers (Bids)

No. Vol. Price($)
2 118 $41.25
 

Sellers (Offers)

Price($) Vol. No.
$41.28 67000 1
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Last trade - 16.14pm 12/08/2025 (20 minute delay) ?
BHP (ASX) Chart
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