Car Loan Comparison Table
Check out the features and benefits of a MYCU car loan.
Use our Car Loan Calculator to compare your options.
|Features||New Car Loan||Car Loan|
|Product Name||My New Car Loan||My Car Loan|
|Description||Available for cars up to 3 years old||Secured car loan available for cars from 3 to 5 years old|
|Interest rate (pa)||5.49% pa||11.85% pa|
|Comparison rate (pa)*||5.70% pa1||12.07% pa1|
|Loan amounts and repayment terms|
|Minimum loan amount||$10,000||$5,000|
|Maximum loan amount||$100,000||$50,000|
|Loan period||Up to 7 years||Up to 7 years|
|Repayments and redraw options|
|Repayment frequency||Weekly, fortnightly, monthly||Weekly, fortnightly, monthly|
|Additional repayments accepted||Yes||Yes|
|Minimum redraw amount||$100||$100|
|Loan repayment insurance||Yes||Yes|
|Early repayment fee||$0||$0|
1 The comparison rate is based on a $30,000 secured loan for a term of 5 years.
Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rates.
Rates & Fees
Thank you for your excellent service. We truly appreciate it. We are highly pleased with the professional manner in which our personal loan and home loan was finaread more
One big thank you for your prompt service with our loan. We love dealing with My Credit Union. Over the many years we have used your services we have been so haread more
I wanted to say a special thanks to the team at My Credit Union. I've had a long association with MYCU. Congratulations on such a great work ethic and perfect cusread more