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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Last
$39.39 |
Change
-0.340(0.86%) |
Mkt cap ! $199.9B | |||
| Open | High | Low | Value | Volume |
| $39.62 | $39.73 | $39.22 | $236.5M | 5.998M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 508 | $39.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.40 | 2184 | 2 |
View Market Depth
| Last trade - 16.20pm 15/07/2025 (20 minute delay) ? |
| BHP (ASX) Chart |