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- Car Loans
- Teachers Mutual Bank
- Unsecured Car Loan
Unsecured Car Loan
- $5k to $80k
- 0.5 to 6 years
- New or used car
- Variable Rate
Interest rate p.a.
8.99%
Comparison rate* p.a.
9.13%
Unsecured Car Loan
- $5k to $80k
- 0.5 to 6 years
- New or used car
- Variable Rate
Interest rate p.a.
8.99%
Comparison rate* p.a.
9.13%
Calculate your repayments for this loan
$
Your estimated repayment
$726
based on 35000 loan amount for 5 years at 8.99%
Pros and Cons
For Unsecured Car Loan
Benefits
- No ongoing fees
- Application fees ranked in the lowest 20%
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- No security required
- Can apply online
- Suitable for both new or used car
Drawbacks
- Cannot apply in branch
Teachers Mutual Bank Rate Car Loan overview
For Unsecured Car Loan
Details
Total repayments
$43,582
Interest rate type
Variable
Borrowing range
$5k - $80k
Security type
Unsecured
Loan term
0.5 to 6 years
Secured by
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
up to 10 years
Target Market Determination
Visit Teachers Mutual Bank 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
$100
Ongoing Fee
$0
Missed payment penalty
$10
Early exit penalty fee
$0
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Other Restrictions
car age < 10 years old
