Rental Bond Loans Northern Territory

Need help covering your rental bond in the Northern Territory? Jac's got your back with our Rental Bond Loans.

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Borrow $3,000 to $25,000
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Same-Day Approval2
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25-48 month terms

Check If You Qualify

With no impact on your credit score!

Check If You Qualify with no impact on your credit score!

*Subject to lending criteria, T's and C's'

*Subject to lending criteria, T's and C's'

Need help covering your rental bond in the Northern Territory? Jac's got your back with our Rental Bond Loans.

Decorative graphic of a Coin
Borrow $3,000 to $25,000
Decorative graphic of a clock
Same-Day Approval2
Decorative graphic of a calendar
25-48 month terms

Award-winning lender

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What is a Rental Bond Loan?

Thinking about renting in the Northern Territory? You'll probably come across something called a rental bond: a security deposit paid at the start of a tenancy agreement by renters to either the property manager or the landlord.

A rental bond can leave quite a dent in your pocket if you pay for it upfront, as it can easily add up to thousands of dollars. Combined with the stresses of moving, rental bonds could be the straw that breaks the camel's back.

That's why a Rental Bond Loan with Jacaranda Finance can allow you to pay that deposit quickly without dipping into your hard-earned savings. Instead, you can repay that loan over manageable instalments up to 48 months.

Why get a Rental Bond Loan with Jacaranda?

Jacaranda Finance makes applying for a personal loan to cover rental bonds and moving expenses simple with our fast, 100% online application. Our loans range from $3,000 all the way up to $25,000.

See below for details on how applying for our Rental Bond Loans is quick and easy, or apply here if you're ready to get started.

Loan Details
Loan Amounts:

$3,000 to $25,000

Loan Terms:

25 months to 48 months

Loan Type:
Show the About Security modal

Secured and unsecured

Rate type:

Fixed

Repayment Options:

Weekly, fortnightly or monthly

No Early Payout or Exit Fees:

Customers who pay their loan out early do not incur any additional fees or charges for doing so. Fixed fees that have already been incurred are due and payable.

THE APPLICATION PROCESS

We Make Applying Easy

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 our loan application process has been perfected over time to be as simple and quick as possible.

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Average rent in the Northern Territory

Famed for the gorgeous outback scenes and amazing national parks, the Northern Territory is a beautiful part of Australia to call home. Sitting right at the top is the state's capital, Darwin.

According to the Domain Rental Report for the September 2022 quarter, this is the average rent in Darwin:

  • The median house rent is $613 per week (a 2.9% annual increase)
  • The median unit rent is $500 per week (an 8.7% annual increase)

These median costs are pretty high compared to Australia's other capital cities, and paying a rental bond when moving to a new property can add up.

How much is a rental bond in the NT?

In the NT, a bond is equivalent to four weeks of rent.

Using the median weekly rent of $613 for houses in the NT, a rental bond (4 weeks of rent) would be $2,451. Some landlords/agents will also ask for another two weeks of rent in advance on top of the bond, which could amount to over $3,500! 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 loan with Jacaranda Finance. Our loans range from $3,000 up to $25,000, which could be more than enough for you to pay your bond, moving costs and anything in between to get settled in your new home.

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Rental bonds in the NT: What you need to know

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. 

Refer to the resources tab at the end for official sources of information when it comes to paying a rental bond in the Northern Territory.

Rental bonds in the Northern Territory work a little differently from other states and territories. Instead of having a central bond authority, the bond is paid directly to the landlord/agent. Whoever receives the bond money must provide the tenants with a receipt showing the following:

  • date received
  • name of tenant/tenants who paid the deposit
  • amount paid by the tenant or each tenant
  • rental property address.

If a tenant in the NT has paid their rental bond to a real estate agent, it will be placed in a tenancy trust account. The private landlord must hold the security deposit in trust. Tenants can write to their landlord to ask for the name of the account that holds the bond.

At the end of the tenancy, the landlord/agent must return the security deposit within seven business days of the tenants vacating the premises.

Suppose by the end of the tenancy, the landlord/agent decides to withhold the bond for things such as unpaid rent, damages, cleaning, electricity or gas.

In that case, they must advise the tenant in writing within seven business days after the tenants have vacated the rental. The notice must be accompanied by copies of receipts or quotes proving the costs the landlord wants to claim.

If the landlord/agent notifies the tenants of the bond claim, and the tenants do not agree with the reasons, the tenants are advised to first and foremost discuss the matter with their landlord/agent. If the parties don’t come to a resolution, they can call Consumer Affairs on 1800 019 319 for further advice.

In the NT, there are a few things you can do to avoid having problems with the refund of the entire bond money at the end of the tenancy.

The landlord may give you a signed condition report within three days of moving into the property. The report describes the condition of the place you are renting at the start of the tenancy, and it will be used again at the end of the tenancy to check if the property has been left in the same condition as it was at the beginning.

Make sure you note on it any damage, faults or repairs that are needed and remember to sign and return the condition report to the real estate agent within five days of receiving it.

If the landlord returns the condition report with any changes initialled within five business days, the report is taken to be accepted. It is also taken to be accepted if the condition report is not returned.

  • Take photographs of faults/repairs that you think may cause a dispute later.
  • Look after the place and leave it in the same condition as when you moved in (fair wear and tear excepted).

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.

Rental Bond Loan Rates & Fees

Interest Rate
Comparison Rate
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Loan Term
Repayment Cycle
Secured or Unsecured
Show the What does it mean? modal
Establishment Fees
Show the What does it mean? modal
Monthly Fees
Show the What does it mean? modal
Risk Fee
Show the What does it mean? modal
Comparison Rate Warning*
  • Unsecured
    Personal Loan
    $3,000 - $15,000
    Interest Rate
    17.95% to 27.95%
    Comparison Rate
    Show the About Comparison Rate modal
    32.40% to 42.80%
    Loan Term
    25 - 36 months
    Repayment Cycle
    Weekly, fortnightly or monthly
    Secured or Unsecured
    Show the About Security modal
    Unsecured
    Establishment Fees
    Show the About Establishment Fees modal
    $130 to $990
    Monthly Fees
    Show the About Monthly Fees modal
    $24 p/month
    Risk Fee
    Show the About Risk Fee modal
    $0 to $995
    Comparison Rate Warning*
    Comparison Rate Warning: the comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
  • Secured
    Personal Loan
    $3,000 - $25,000
    Interest Rate
    14.95% to 27.95%
    Comparison Rate
    Show the About Comparison Rate modal
    29.30% to 42.80%
    Loan Term
    25 - 48 months
    Repayment Cycle
    Weekly, fortnightly or monthly
    Secured or Unsecured
    Show the About Security modal
    Secured
    Establishment Fees
    Show the About Establishment Fees modal
    $130 to $990
    Monthly Fees
    Show the About Monthly Fees modal
    $24 p/month
    Risk Fee
    Show the About Risk Fee modal
    $0 to $995
    Comparison Rate Warning*
    Comparison Rate Warning: the comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
This is not an offer for credit. The amount you can borrow as well as the offer you receive may vary once you complete an application and all relevant details are captured and verified. Fees, credit criteria and terms and conditions apply. Example tables and calculators are illustrative only and are not intended to be your sole source of information when making a financial decision. Consider whether to get advice from a licensed financial adviser.
Interest Rate Comparison Rate
Loan Term Secured or Unsecured
Monthly Fees Repayment Cycle
Establishment Fees Risk Fee
  • Unsecured
    Personal Loan
    $3,000 - $15,000
    Interest Rate
    17.95% to 27.95%
    17.95% to 27.95%
    Comparison Rate
    32.40% to 42.80%
    32.40% to 42.80%
    Loan Term
    25 - 36 months
    25 - 36 months
    Secured or Unsecured
    Unsecured
    Unsecured
    Monthly Fees
    $24 p/month
    $24 p/month
    Repayment Cycle
    Weekly, fortnightly or monthly
    Weekly, fortnightly or monthly
    Establishment Fees
    $130 to $990
    $130 to $990
    Risk Fee
    $0 to $995
    $0 to $995
    Comparison Rate Warning* Comparison Rate Warning: the comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
  • Secured
    Personal Loan
    $3,000 - $25,000
    Interest Rate
    14.95% to 27.95%
    14.95% to 27.95%
    Comparison Rate
    29.30% to 42.80%
    29.30% to 42.80%
    Loan Term
    25 - 48 months
    25 - 48 months
    Secured or Unsecured
    Secured
    Secured
    Monthly Fees
    $24 p/month
    $24 p/month
    Repayment Cycle
    Weekly, fortnightly or monthly
    Weekly, fortnightly or monthly
    Establishment Fees
    $130 to $990
    $130 to $990
    Risk Fee
    $0 to $995
    $0 to $995
    Comparison Rate Warning*
    (Personal Loans)
    Comparison Rate Warning: the comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
    Comparison Rate Warning* Comparison Rate Warning: the comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Personal Loans Online Up To $25,000

Money in your bank account and ready to use in 60-seconds3 once approved.

Most customers have a New Payments Platform (NPP) bank account and receive the money in their bank account within 60 seconds. For other customers, the money will be available overnight on weekdays and overnight the following business day if approved on a weekend or public holiday.

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NT Rental Bond Loan FAQs

Need more information? Here are the answers to some of our most frequently asked questions about Rental Bond Loan.

You can apply for varying loan amounts with Jacaranda, depending on your needs. With our Express Personal Loan, you can borrow between $3,000 and $25,000. 

For detailed information about who our products are designed for, please review our Target Market Determinations.

Use our loan repayment estimate calculator to get a guide on what your repayments could be. To get an idea of what rates, fees and charges are associated with our loans, visit our rates and fees page.

Our loan application process has been designed to be as simple and quick as possible, as we know how important it is to receive your funds in a timely manner. How quickly you can apply for a personal loan and receive your funds will depend on your situation.

Applying for a loan with Jacaranda Finance takes most people 5-12 minutes1, but it could take longer depending on a number of factors such as but not limited to how fast you are at typing or if you have all the required information on hand.

After applying, most customers get an outcome on their loan application on the same day during normal business hours once we have received all of the supporting information we require. We do not guarantee same-day outcomes for all customers.2

Once an applicant has been approved and they have signed a contract, we automatically attempt to release the money to the applicant's bank account. Most customers have a New Payments Platform (NPP) bank account and receive the money in their bank account within 60 seconds. For other customers, the money will be available overnight on weekdays and overnight the following business day if approved on a weekend or public holiday.3

We use the information you provide in the online application form as well as information on your bank statements to make sure that you qualify for a loan product during our credit assessment. If you don't qualify, your application will be declined without a credit check being conducted.

Once we have verified that you meet our non-credit report-related criteria, we do perform a credit check as part of our credit assessment, where an inquiry will be left on your credit file.

We will never perform a credit check without your express consent, which you provide to us when you apply for a loan with Jacaranda Finance. We store your acknowledgement and consent for seven years, and it can be supplied on demand.

There are four credit reporting bodies that we may use to conduct a credit check:

  • Equifax
  • Experian
  • illion
  • Talefin

Review our Privacy Policy for more information.

The basic eligibility criteria you must meet before submitting an application:
  • Be at least 19 years of age.
  • Be employed on a permanent or casual basis.
  • Have a consistent income going into your own bank account for the last 90 days.
  • Be in control of your finances and be handling existing financial commitments comfortably.
  • Be an Australian citizen or permanent resident with a fixed address.
  • Have an active email address, phone number, and online banking account in your name that belongs to you.

We accept a wider range of credit history than a bank or a prime lender, but we do not recommend submitting an application if:

  • You are currently or recently bankrupt (you must be three years discharged and in control of your finances)
  • You are not comfortably repaying your existing financial obligations