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New Car Loan

Community First Credit Union

Borrowing Amount

Borrow Amount

Loan term
Advertised Rate5.34%variable
Comparison Rate6.10%
Monthly Repayment$571
Loan amount$10k to $60k
Pros
  • Features a low rate
  • Can apply online
  • Can apply in branch
Cons
  • Monthly fee charged
  • 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$195
Ongoing Fee
Ongoing Fee$5

monthly

Early Exit Penalty Fee
Early Exit Penalty FeeFee Applies
Missed Payment Penalty
Missed Payment Penalty$25
Redraw Activation Fee
Redraw Activation Fee$15

Loan Profile

Repayment Type
Repayment TypeVariable
Loan Type
Loan TypeSecured
Secured by vehicle
Secured by vehicle
Available to 457 Visa Holders
Available to 457 Visa Holders
View Repayment Schedule

Features Flexibilities

Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
Other Benefits
Other Benefits
Other Restrictions
Other RestrictionsCar age up to 3 years old
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