Important disclosure
Calculate your repayments for this loan
Your estimated repayment
$596
based on $30,000 loan amount for 5 years at 7.14%
Pros and cons
For FastRoad New Car Loan
Benefits
- Lower than average rate
- No ongoing fees
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Fast time to funding
- Approval is instant
Drawbacks
- Higher than average application fee
- Limited to new cars
Transport Mutual Credit Union Rate Car loan overview
For FastRoad New Car Loan
Details
Total repayments $35,761 | Interest rate type Variable |
Borrowing range $5k - $100m | 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 | Target Market Determination Visit Transport Mutual Credit Union Limited 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 $220 | Ongoing Fee $0 |
Missed Payment Penalty $25 | Early Exit Penalty Fee $0 |
Permitted Loan Purposes
New Car | Used Car |
Motorcycle | Boat |
Other Restrictions
0 to 5 years old