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- New Car Loan
New Car Loan
- $3k to $75k
- 1 to 7 years
- Variable Rate
- Secured
Interest rate p.a.
7.69%
Comparison rate* p.a.
7.90%
New Car Loan
- $3k to $75k
- 1 to 7 years
- Variable Rate
- Secured
Interest rate p.a.
7.69%
Comparison rate* p.a.
7.90%
Calculate your repayments for this loan
$
Your estimated repayment
$604
based on 30000 loan amount for 5 years at 7.69%
Pros and Cons
For New Car Loan
Benefits
- No ongoing fees
- Application fees ranked in the lowest 20%
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
Drawbacks
- Limited to new cars
- Cannot apply in branch
Gateway Bank Rate Car Loan overview
For New Car Loan
Details
Total repayments
$36,231
Interest rate type
Variable
Borrowing range
$3k - $75k
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 1 years
Target Market Determination
Visit Gateway Bank Ltd to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
redraw activation fee of $0
Instant approval
Time to funding
N/A
Fees
Upfront fee
$149
Ongoing Fee
$0
Missed payment penalty
$0
Early exit penalty fee
$0
