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  4. New Green Car Loan Fixed

New Green Car Loan Fixed

  • 2024 Award Winner
  • From $5k
  • 0 to 5 years
  • Fixed Rate
  • Secured

Interest rate p.a.

5.79%

Comparison rate* p.a.

6.01%

New Green Car Loan Fixed

  • 2024 Award Winner
  • From $5k
  • 0 to 5 years
  • Fixed Rate
  • Secured

Interest rate p.a.

5.79%

Comparison rate* p.a.

6.01%

Calculate your repayments for this loan

$

Your estimated repayment

$385

based on 20000 loan amount for 5 years at 5.79%

Pros and Cons

For New Green Car Loan Fixed

Benefits

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • Lower than average application fees
  • No early exit penalty
  • Unlimited extra repayments and free redraw
  • Unlimited extra repayments
  • Flexible repayment options
  • Can apply online
  • Can apply in branch
  • Green loan
  • Fast time to funding
  • Winner of Best Green Car Loans, RateCity Gold Awards 2024

Drawbacks

  • Limited to new cars

Horizon Bank Rate Car Loan overview

For New Green Car Loan Fixed

Details

Total repayments
Interest rate type

Fixed

Borrowing range

$5k - $100m

Security type

Secured

Loan term

0 to 5 years

Secured by

Vehicle

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Age of car

Target Market Determination

Visit Horizon Bank to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $0

Instant approval

Time to funding

24 hours

Fees

Upfront fee

$150

up to $150

Ongoing Fee

$0

Missed payment penalty

$0

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat