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- Car Loan Secured - Special Offer
Car Loan Secured - Special Offer
- From $5k
- 0 to 7 years
- New or used car
- Variable Rate
Interest rate p.a.
7.19%
Comparison rate* p.a.
7.84%
Car Loan Secured - Special Offer
- From $5k
- 0 to 7 years
- New or used car
- Variable Rate
Interest rate p.a.
7.19%
Comparison rate* p.a.
7.84%
Calculate your repayments for this loan
$
Your estimated repayment
$398
based on 20000 loan amount for 5 years at 7.19%
Pros and Cons
For Car Loan Secured - Special Offer
Benefits
- Lower than average rate
- Lower than average application fees
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Suitable for both new or used car
Drawbacks
- Service fee charged
Summerland Bank Rate Car Loan overview
For Car Loan Secured - Special Offer
Details
Total repayments
$35,804
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
Target Market Determination
Visit Summerland 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
$175
Ongoing Fee
$5 Monthly
Missed payment penalty
$0
Early exit penalty fee
$0
