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  4. Car Loan

Car Loan

  • From $5k
  • 0 to 5 years
  • New or used car
  • Variable Rate

Interest rate p.a.

11.74%

Comparison rate* p.a.

12.03%

Car Loan

  • From $5k
  • 0 to 5 years
  • New or used car
  • Variable Rate

Interest rate p.a.

11.74%

Comparison rate* p.a.

12.03%

Calculate your repayments for this loan

$

Your estimated repayment

$663

based on 30000 loan amount for 5 years at 11.74%

Pros and Cons

For Car Loan

Benefits

  • No ongoing fees
  • Lower than average application fees
  • No early exit penalty
  • Unlimited extra repayments
  • Redraw facility
  • Flexible repayment options
  • Can apply online
  • Suitable for both new or used car

Drawbacks

  • Cannot apply in branch

Regional Australia Bank Rate Car Loan overview

For Car Loan

Details

Total repayments
Interest rate type

Variable

Borrowing range

$5k - $100m

Security type

Secured

Loan term

0 to 5 years

Secured by

Vehicle

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Age of car

up to 10 years

Target Market Determination

Visit Regional Australia Bank to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $10

Instant approval

Time to funding

N/A

Fees

Upfront fee

$195

Ongoing Fee

$0

Missed payment penalty

$0

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat