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New Car
Variable Rate
Car Loan
by Teachers Mutual Bank
Advertised Rate
9.99%
p.a.
Comparison Rate
10.21%
p.a.*
About This Loan
Buy the car of your dreams, whether it's a new or used car up to 10 years old. Our car loans have no ongoing monthly account keeping fees and no penalty fees to redraw.
Loan Details
Loan Amount
$5,000 – $80,000
Loan Term
– 72 months
Fees & Charges
Establishment Fee$150
Monthly FeeFree
Annual FeeFree
Early Exit FeeFree
Key Features
- No ongoing fees
- Make extra repayments
- Choose weekly, fortnightly or monthly repayments
- A competitive variable interest rate
- Can be used to buy towable caravans, boats, motor cycles or classic cars
- Accessories like a car navigation system, alarm and car insurance can be added to the loan
- Unlimited fee-free redraw
- No fee for early repayment
- Loan term up to 6 years
- 24/7 access via internet banking
- 24/7 access via mobile app
Rate from
9.99% p.a.
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About Teachers Mutual Bank
*Comparison rate based on a secured $30,000 loan over 5 years. WARNING: This comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Rates and fees are subject to change without notice. Always read the lender's terms before applying.