Car Loan
- $4k to $200k
- 1 to 7 years
- New or used car
- Variable Rate
Interest rate p.a.
6.95%
Comparison rate* p.a.
7.89%
Car Loan
- $4k to $200k
- 1 to 7 years
- New or used car
- Variable Rate
Interest rate p.a.
6.95%
Comparison rate* p.a.
7.89%
RateCity says
"Apply online or in branch for this competitive, instant-approval car loan. Benefit from no early exit penalty and unlimited extra repayments. For new or used vehicles."
Calculate your repayments for this loan
$
Your estimated repayment
$593
based on 30000 loan amount for 5 years at 6.95%
Pros and Cons
For Car Loan
Benefits
- Lower than average rate
- Lower than average application fees
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Suitable for both new or used car
- Approval is instant
Drawbacks
- Service fee charged
Australian Military Bank Rate Car Loan overview
For Car Loan
Details
Total repayments
$35,600
Interest rate type
Variable
Borrowing range
$4k - $200k
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 5 years
Target Market Determination
Visit Australian Military Bank Ltd to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
N/A
Fees
Upfront fee
$150
Ongoing Fee
$10 Monthly
Missed payment penalty
$10
Early exit penalty fee
$0
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Other Restrictions
Car age < 5 years old. Application fees range from 100 to 500 dollars.