Need help covering your rental bond in the Northern Territory? Jac's got your back with our fast online Personal Loans.
*Subject to lending criteria, T's and C's'
*Subject to lending criteria, T's and C's'
Rental bonds can leave a huge dent in your savings when starting a new tenancy agreement, especially if you have to pay upfront or by yourself. Combined with the stresses of moving, rental bonds could be the straw that breaks the camel's back for a lot of tenants.
A Rental Bond Personal Loan with Jacaranda Finance can allow you to pay that deposit quickly without dipping into your hard-earned savings. Instead, you can repay a loan from $3,000 over manageable instalments starting from 25 months.
We know how important it is to receive your funds in a timely manner. As a hard-working Australian, you don't have time to waste on needless paperwork.
That's why Jacaranda Finance makes applying for a Personal Loan to cover rental bonds and moving expenses simple with our fast, 100% online application.
Check if you qualify without affecting your credit score today.
Famed for its gorgeous outback scenes and amazing national parks, the Northern Territory is a beautiful part of Australia to call home. The state's capital, Darwin, is sitting right at the top.
Asking rents in Darwin are surprisingly high. The Domain Rental Report for March 2024 found the average weekly rental prices in Darwin were:
$600 per week is enough to make Darwin more expensive than the average capital city, which would cost $593.5 per week. That means paying a rental bond when moving to a new property can add up.
In the NT, a bond is equivalent to four weeks of rent.
Using the median weekly rent of $600 in the NT, a typical rental bond (4 weeks of rent) would be $2,400. Some landlords and agents will also ask for another two weeks of rent in advance on top of the bond, which could amount to over $3,600! And that's before even factoring in other expenses like removalists, buying new furniture, paying for a cleaner and more.
For help paying for these costs, consider turning to a Rental Bond Personal Loan from $3,000 - $25,000 with Jacaranda Finance.
See below for more detailed information on rental bonds and Rental Bond Loans in each state/territory.
Are you a renter in the Northern Territory and unsure about how the bond process works? We’ve compiled some key pieces of information to answer your questions.
Please refer to the resources tab at the end for official sources of information on paying a rental bond in the Northern Territory.
Tenants in the Northern Territory typically pay their security bond directly to the landlord or real estate agent. The bond can be a maximum of four weeks' rent.
If paid by cash, cheque, or credit card, the landlord must issue a receipt immediately. For electronic transfers, a receipt is not required, but tenants should keep transaction records.
Unlike other states, the Northern Territory does not have a central bond authority. Instead, landlords and real estate agents must hold the bond in a trust account. The landlord or agent is responsible for managing the bond until the end of the tenancy.
To get your bond back, ensure the property is kept in good condition. At the start of the tenancy, it’s advisable to document the property's condition with an Entry Condition Report and photos.
Either party can request a bond refund at the end of the lease. If there are no disputes, the bond should be returned promptly.
Landlords or agents can claim the bond for:
Claims must be supported by evidence such as receipts and condition reports.
If there is a dispute over the bond, the matter can be taken to the Northern Territory Civil and Administrative Tribunal (NTCAT) for resolution. Both landlords and tenants can apply to NTCAT if they cannot agree on the bond refund.
The main body for renting in the NT is Consumer Affairs. Another great source of information regarding renting in the Northern Territory is the NT Government website.
From a legal and advocacy perspective, Darwin Community Legal Service has some great information about renting.
Our loans are designed to be fast, fair, and, above all, affordable, with no hidden fees. See the table below for a quick guide to our charges, or visit our fees page to learn more. For detailed information about who our products are designed for, please review our Target Market Determinations.
Worried about being denied a loan? No stress! At Jacaranda Finance, QualifyCheck lets you check if you qualify without affecting your credit score!
Making all your repayments to us on time could steadily improve your credit score and positively impact your ability to get credit in the future.
Worried about being denied a loan? No stress! At Jacaranda Finance, QualifyCheck lets you check if you qualify without affecting your credit score!
Making all your repayments to us on time could steadily improve your credit score and positively impact your ability to get credit in the future.
A personal loan is a fixed-term loan that allows you to borrow a set amount of money and repay it through regular instalments. Our online application process is designed to be fast and straightforward. Repayments remain consistent throughout the loan term so you can plan your budget with confidence.
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By submitting a full application for a personal loan, you are authorising a hard credit check. This means that other lenders will be able to see that you applied for a loan and could impact your credit score. Before you submit a full application with Jacaranda Finance, you can check if you qualify with no impact on your credit score*. This is called a soft credit check, and is only visible on your credit report to you.
How to check if you qualify for a secured personal loan?
If you’re considering applying for a loan with Jacaranda Finance, you can check if you qualify with no impact on your credit score*.
No, checking if you qualify uses a “soft” credit check meaning it does not impact your credit score or appear on your credit file to anyone but you. We recommend checking your eligibility before applying for a loan where possible to reduce the number of applications on your credit report.
To be assessed for a loan from Jacaranda Finance, you must meet the following basic eligibility criteria:
If you are unsure whether you’re eligible, you can check if you qualify with no impact on your credit score*.
We offer two main products at Jacaranda Finance:
For detailed information about who our products are designed for, please review our Target Market Determinations. Our Loan Repayment Calculator and our guide to Jacaranda Finance’s interest rates & fees could help you to predict your repayments before applying.
Using our loan repayment calculator you can estimate your repayments before applying.
Missed Payment Fees
For every missed payment, a fee will be applied. This cost is added to the account balance and can be paid with the next repayment cycle. If you’re concerned you’ll miss a repayment before the next due date, please contact our customer support team as soon as possible.
You can pay your loan back at any time at no extra cost. That means no early exit or payout fees.
Once you’ve been approved and have accepted your loan contract, we’ll automatically attempt to release the money to your account. Most customers get paid in 60 seconds3.
$3,000 - $25,000
