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  3. Family First Credit Union
  4. New Car Loan

New Car Loan

  • From $5k
  • 0 to 7 years
  • Variable Rate
  • Secured

Interest rate p.a.

7.99%

Comparison rate* p.a.

8.35%

New Car Loan

  • From $5k
  • 0 to 7 years
  • Variable Rate
  • Secured

Interest rate p.a.

7.99%

Comparison rate* p.a.

8.35%

Calculate your repayments for this loan

$

Your estimated repayment

$405

based on 20000 loan amount for 5 years at 7.99%

Pros and Cons

For New Car Loan

Benefits

  • No ongoing fees
  • No early exit penalty
  • Unlimited extra repayments
  • Redraw facility
  • Flexible repayment options
  • Can apply online
  • Can apply in branch

Drawbacks

  • Higher than average application fee
  • Limited to new cars

Family First Credit Union Rate Car Loan overview

For New Car Loan

Details

Total repayments
Interest rate type

Variable

Borrowing range

$5k - $100m

Security type

Secured

Loan term

0 to 7 years

Secured by

Vehicle

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Age of car

up to 3 years

Target Market Determination

Visit Family First Credit Union to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $25

Instant approval

Time to funding

N/A

Fees

Upfront fee

$250

Ongoing Fee

$0

Missed payment penalty

$0

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat