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)||5.99% pa||11.85% pa|
|Comparison rate (pa)*||6.20% 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
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