Important disclosure

Bank First - Victoria Teachers Limited

Used Car Loan Fixed

Real Time Rating™

  • From $5k
  • 5 years
  • Fixed Rate
  • Secured
Interest Rate

7.79%

p.a

Comparison Rate*

9.13%

p.a

Real Time Rating™
Tags
  • From $5k
  • 5 years
  • Fixed Rate
  • Secured
Interest Rate

7.79%

p.a

Comparison Rate*

9.13%

p.a

Calculate your repayments for this loan

$

Your estimated repayment

$605

based on $30,000 loan amount for 5 years at 7.79%

Pros and cons

For Used Car Loan Fixed (Special)

Benefits

  • No ongoing fees
  • Lower than average application fees
  • No early exit penalty
  • Unlimited extra repayments
  • Flexible repayment options
  • Can apply online

Drawbacks

  • Cannot apply in branch

Bank First Rate Car loan overview

For Used Car Loan Fixed (Special)

Details

Total repayments

Interest rate type

Fixed

Borrowing range

$5k - $100m

Security type

Secured

Loan term

5 years

Secured by

Vehicle

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Age of car

up to 12 years

Target Market Determination

Visit Bank First - Victoria Teachers 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

$195

Ongoing Fee

$0

Missed Payment Penalty

$20

Early Exit Penalty Fee

$0

Permitted Loan Purposes

New Car

Used Car

Motorcycle

Boat

Promoted car loans

Promoted

Lower Rate

New Car Loan

  • Via broker
  • $10k to $250k
  • 1 to 7 years
  • Fixed Rate
Interest Rate

From

6.52%

p.a

up to 18%

Comparison Rate*

From

6.95%

p.a

Promoted

Secured

New Car Loan

  • Via broker
  • $10k to $300k
  • 1 to 7 years
  • Fixed Rate
Interest Rate

From

6.29%

p.a

up to 24.99%

Comparison Rate*

From

7.41%

p.a

Promoted

Generic

New Car Loan

Real Time Rating™
  • $2k to $75k
  • 1 to 7 years
  • Fixed Rate
  • Secured
Interest Rate

6.57%

p.a

Comparison Rate*

7.19%

p.a