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!
I'm thinking of buying some BHP shares now for the longterm but...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$40.21 |
Change
0.340(0.85%) |
Mkt cap ! $204.1B | |||
| Open | High | Low | Value | Volume |
| $40.07 | $40.38 | $39.90 | $243.4M | 6.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5285 | $40.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.21 | 1478 | 2 |
View Market Depth
| Last trade - 16.15pm 08/08/2025 (20 minute delay) ? |
| BHP (ASX) Chart |