Car Loan
- $4k to $200k
- 1 to 7 years
- New or used car
- Variable Rate
Interest rate p.a.
6.95%
Comparison rate* p.a.
7.89%
Car Loan
- $4k to $200k
- 1 to 7 years
- New or used car
- Variable Rate
Interest rate p.a.
6.95%
Comparison rate* p.a.
7.89%
RateCity says
"Apply online or in branch for this competitive, instant-approval car loan. Benefit from no early exit penalty and unlimited extra repayments. For new or used vehicles."
Calculate your repayments for this loan
$
Your estimated repayment
$593
based on 30000 loan amount for 5 years at 6.95%
Pros and Cons
For Car Loan
Benefits
- Lower than average rate
- Lower than average application fees
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Suitable for both new or used car
- Approval is instant
Drawbacks
- Service fee charged
Australian Military Bank Rate Car Loan overview
For Car Loan
Details
Total repayments
$35,600
Interest rate type
Variable
Borrowing range
$4k - $200k
Security type
Secured
Loan term
1 to 7 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
up to 5 years
Target Market Determination
Visit Australian Military Bank Ltd to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
N/A
Fees
Upfront fee
$150
Ongoing Fee
$10 Monthly
Missed payment penalty
$10
Early exit penalty fee
$0
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Other Restrictions
Car age < 5 years old. Application fees range from 100 to 500 dollars.
How to apply
If you'd like to apply for this product or just get more information, follow the application process on Australian Military Bank.More details