- Home
- Car Loans
- Horizon Bank
- Special Used Car Loan
Special Used Car Loan
- From $5k
- 0 to 5 years
- Variable Rate
- Secured
Interest rate p.a.
7.99%
Comparison rate* p.a.
8.20%
Special Used Car Loan
- From $5k
- 0 to 5 years
- Variable Rate
- Secured
Interest rate p.a.
7.99%
Comparison rate* p.a.
8.20%
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 Special Used Car Loan
Benefits
- No ongoing fees
- Lower than average application fees
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
Drawbacks
Horizon Bank Rate Car Loan overview
For Special Used Car Loan
Details
Total repayments
$36,489
Interest rate type
Variable
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
N/A
Fees
Upfront fee
$150
Ongoing Fee
$0
Missed payment penalty
$30
Early exit penalty fee
$0
