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  4. Fixed Car Loan (Car up to 7 Years)

Fixed Car Loan (Car up to 7 Years)

  • From $10k
  • 1 to 10 years
  • New or used car
  • Fixed Rate

Interest rate p.a.

7.44%

Comparison rate* p.a.

7.79%

Fixed Car Loan (Car up to 7 Years)

  • From $10k
  • 1 to 10 years
  • New or used car
  • Fixed Rate

Interest rate p.a.

7.44%

Comparison rate* p.a.

7.79%

Calculate your repayments for this loan

$

Your estimated repayment

$400

based on 20000 loan amount for 5 years at 7.44%

Pros and Cons

For Fixed Car Loan (Car up to 7 Years)

Benefits

  • Lower than average rate
  • No ongoing fees
  • Unlimited extra repayments
  • Flexible repayment options
  • Can apply online
  • Can apply in branch
  • Suitable for both new or used car

Drawbacks

  • Higher than average application fee

Unity Bank Rate Car Loan overview

For Fixed Car Loan (Car up to 7 Years)

Details

Total repayments
Interest rate type

Fixed

Borrowing range

$10k - $100m

Security type

Secured

Loan term

1 to 10 years

Secured by

Vehicle

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Age of car

up to 3 years

Target Market Determination

Visit Unity 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

$200

Ongoing Fee

$0

Missed payment penalty

$20

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat