New Car Loan
- $1k to $150k
- 0 to 7 years
- Variable Rate
- Secured
Interest rate p.a.
7.24%
Comparison rate* p.a.
7.87%
New Car Loan
- $1k to $150k
- 0 to 7 years
- Variable Rate
- Secured
Interest rate p.a.
7.24%
Comparison rate* p.a.
7.87%
Calculate your repayments for this loan
Your estimated repayment
$597
based on 30000 loan amount for 5 years at 7.24%
Pros and Cons
For New Car Loan
Benefits
- Lower than average rate
- Lower than average application fees
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
Drawbacks
- Service fee charged
- Limited to new cars
QBANK Rate Car Loan overview
For New Car Loan
Details
Total repayments
$35,846
Interest rate type
Variable
Borrowing range
$1k - $150k
Security type
Secured
Loan term
0 to 7 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Fortnightly, Weekly, Monthly
Age of car
up to 5 years
Target Market Determination
Visit QPCU 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
$5 Monthly
Missed payment penalty
$0
Early exit penalty fee
$0
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Other Restrictions
Car age up to 5 Years old, Must hold an Everyday Plus account and deposit $1,500 per month