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New Car Loan Fixed

Horizon Credit Union

Borrowing Amount
Loan term
Advertised Rate6.29%fixed
Comparison Rate6.70%
Monthly Repayment$584
Loan amountFrom $5k
Pros
  • Features a low rate
  • No ongoing fees
  • No early exit penalty
  • Can apply online
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$150
Early Exit Penalty Fee
Early Exit Penalty Fee$0
Missed Payment Penalty
Missed Payment Penalty$30
Redraw Activation Fee
Redraw Activation Fee$20
Other Fees
Other FeesN/A

Loan Profile

Repayment Type
Repayment TypeFixed
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
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