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Car Loan

Westpac

Borrowing Amount
Loan term
Advertised Rate8.49%fixed
Comparison Rate9.54%
Monthly Repayment$615
Loan amount$10k to $100k
Pros
  • Can apply online
  • Can apply in branch
  • Available for 457 visa holders
  • Suitable for both new or used car
Cons
  • Monthly fee charged
  • Application fee charged
  • 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$250
Ongoing Fee
Ongoing Fee$12

monthly

Early Exit Penalty Fee
Early Exit Penalty Fee$175 during first 2 years
Missed Payment Penalty
Missed Payment Penalty$9
Redraw Activation Fee
Redraw Activation FeeN/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
Other Benefits
Other Benefits
Other Restrictions
Other Restrictionsvisa restrictions apply
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