Gateway Credit Union

New Car Loan

Gateway Credit Union was initially formed in 1955 by the employees of one of Australia’s largest banks at the time. In the present day Gateway Credit Union has acquired more than 50,000 members and has an asset base exceeding $600 million. Their vision is to offer outstanding services to their members through high value and low cost products. Popular product categories include home loans, savings accounts and transaction accounts.
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Company Gateway Credit Union
Initial Monthly Repayment $603.86 per month
Secured / Unsecured Secured
Total Repayment $36,230.96
Advertised Rate 7.69% Variable
Comparison Rate 7.90%
Rate Type Variable
Application Fees $149
Ongoing Fees N/A
Early Repayment Penalty $0
Missed Payment Penalty $0
Encumberance/REVVS Check Fee $0
Doc Release Fee $0
Minimum Loan Amount $3,000
Maximum Loan Amount $75,000
Star Rating
View Repayment Schedule

Product Features

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?
Will this loan allow you to make additional repayments on top of the minimum amounts due each payment frequency?
Whether this loan allows the option for you to redraw/take out excess funds
Whether this loan offers a maximum loan-to-value-ratio (LVR) i.e. no deposit is required

Selected new and used car loans ranked by the comparison rate on a balance of $30,000 over 5 years. Rates shown are minimum available and may vary depending on your individual circumstances and loan amount.

The comparison rate is based on credit of $30,000 and a term of 5 years. WARNING: The comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.

Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. Read our detailed disclosure here.

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