- Home
- Car Loans
- Transport Mutual Credit Union
- FastRoad New Car Loan
FastRoad New Car Loan
- From $5k
- 1 to 7 years
- Variable Rate
- Secured
Interest rate p.a.
7.14%
Comparison rate* p.a.
7.45%
FastRoad New Car Loan
- From $5k
- 1 to 7 years
- Variable Rate
- Secured
Interest rate p.a.
7.14%
Comparison rate* p.a.
7.45%
Calculate your repayments for this loan
Your estimated repayment
$596
based on 30000 loan amount for 5 years at 7.14%
Pros and Cons
For FastRoad New Car Loan
Benefits
- Lower than average rate
- No ongoing fees
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Fast time to funding
- Approval is instant
Drawbacks
- Higher than average application fee
- Limited to new cars
Transport Mutual Credit Union Rate Car Loan overview
For FastRoad New Car Loan
Details
Total repayments
$35,761
Interest rate type
Variable
Borrowing range
$5k - $100m
Security type
Secured
Loan term
1 to 7 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
Target Market Determination
Visit Transport Mutual Credit Union 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
$220
Ongoing Fee
$0
Missed payment penalty
$25
Early exit penalty fee
$0
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Other Restrictions
0 to 5 years old