Commonwealth Bank of Australia | Personal Loan | Car Loans

Summary
Details & Fees
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About

Advertised Rate from 13.90%variable

Comparison Rate

14.77%

Upfront Fee

$150

Loan amount

$4k to $50k

monthly Repayment

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I want to borrow

Loan Term

years

Repayment Frequency

Monthly Fortnightly Weekly

Pros:

No early exit penalty
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
Has ongoing fees

Details & Fees

New Car	New Car
Used Car	Used Car
Motorcycle	Motorcycle
Boat	Boat
Upfront Fee	Upfront Fee $150
Early Exit Penalty Fee	Early Exit Penalty Fee $0
Missed Payment Penalty	Missed Payment Penalty $20
Redraw Activation Fee	Redraw Activation Fee $0
Repayment Type	Repayment Type Variable
Loan Type	Loan Type Unsecured
Secured by vehicle	Secured by vehicle
Available to 457 Visa Holders	Available to 457 Visa Holders
Redraw Facility	Redraw Facility
Extra Repayments	Extra Repayments

New Car	New Car
Used Car	Used Car
Motorcycle	Motorcycle
Boat	Boat
Upfront Fee	Upfront Fee $150
Early Exit Penalty Fee	Early Exit Penalty Fee $0
Missed Payment Penalty	Missed Payment Penalty $20

Redraw Activation Fee	Redraw Activation Fee $0
Repayment Type	Repayment Type Variable
Loan Type	Loan Type Unsecured
Secured by vehicle	Secured by vehicle
Available to 457 Visa Holders	Available to 457 Visa Holders
Redraw Facility	Redraw Facility
Extra Repayments	Extra Repayments

Other Benefits

Apply before noon Monday to Friday, and if you’re approved, we’ll give you access to your loan that day. This is unavailable for secured loans, incomplete applications, applications referred to a lending specialist for a more detailed review, where required documentation isn’t provided and where the system is unavailable.