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This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about Car Loans from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all provider sand may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. See the rating methodology We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a Car Loan, you will deal directly with a financial institution, and not with RateCity.

Defence Bank

Used Car Loan

Looking for a new car and need some finance? Defence Bank new car loan and used car loan have low rates and no ongoing fees. Their loan options have flexible terms from 1 to 7 years, no early repayment fees and fast approval so that you can start shopping around for your new set of wheels sooner.

Why not shop around? Compare other car loans.

Product Details

Company
Defence Bank
Repayments
$316.84
monthly
Secured / Unsecured
Secured
Total Repayments
$11,406.06
Interest Rate
8.75%
Comparison Rate
9.78%
Rate Type
Variable
Application/Establishment Fee
$150
Ongoing Fees
N/A
Early Repayment Penalty
$0
Missed Payment Penalty
$20
Encumberance/REVVS Check Fee
$27.4
Doc Release Fee
$50
Minimum Loan Amount
$0
Maximum Loan Amount
$100,000
Star Rating
Updating your preferences

Product Features

No early exit penalty y

Will you be charged a fee for finalizing all loan repayments earlier than the agreed date, or for transferring to another company for the remaining life of the loan?

Extra repayments allowed y

Will this loan allow you to make additional repayments on top of the minimum amounts due each payment frequency?

Redraw Facility y

Whether this loan allows the option for you to redraw/take out excess funds

100% Loan Available y

Whether this loan offers a maximum loan-to-value-ratio (LVR) i.e. no deposit is required

Loan Amount
Year
Payment
$10000
Principal
$10000
Interest/fees
$10000
Years Elapsed
The graph above displays total estimated repayment amounts based on principal and interest, in respect of the loan amount, interest rate, term and repayment frequency entered in the Loan Details.
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