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New Car Loan

BankVic

Borrowing Amount
Loan term
Advertised Rate6.99%fixed
Comparison Rate7.12%
Monthly Repayment$594
Loan amount$20k to $100k
Pros
  • No ongoing fees
  • No early exit penalty
  • Can apply online
  • Can apply in branch
Cons
  • Application fee charged
  • Limited to new cars
  • Requires security to be held

Suitable For

New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat

Loan Fees

Upfront Fee
Upfront Fee$90
Ongoing Fee
Ongoing Fee$0
Early Exit Penalty Fee
Early Exit Penalty Fee$0
Missed Payment Penalty
Missed Payment Penalty$0
Redraw Activation Fee
Redraw Activation FeeN/A
Other Fees
Other FeesN/A

Loan Profile

Repayment Type
Repayment TypeFixed
Loan Type
Loan TypeSecured
Secured by vehicle
Secured by vehicle
View Repayment Schedule

Features Flexibilities

Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
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