Car Loan - Variable
A secured car loan with a competitive variable rate - available for registrable vehicles including cars, motorbikes, caravans, boats and jet skis that are up to 5 years old.
- From
- 6.79%
- 7.84% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable The comparison rate is based on a secured loan amount of $30,000 over a loan term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. | 6.79% | 7.84% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| LATE_PAYMENT Capped at $0.00 · Charged to loan account | Late payment | $25.00 |
| NEW_CAR_LOAN_AND_CAR_LOAN_MONTHLY_FEE Charged monthly · Capped at $0.00 | Ongoing | $10.00 |
| REDRAW_FEE_-_STAFF_ASSISTED Capped at $0.00 · Charged to loan account | Event | $30.00 |
| COPY_OF_STATEMENT_(ALREADY_ISSUED) Capped at $0.00 · Charged per page. For statements issued prior to January 1997 the fee is $3 per page. | Event | $1.50 |
| PERSONAL_LOAN_(SECURED)_APPLICATION_FEE Capped at $0.00 · Charged on each occasion | Upfront | $249.00 |
Features
- Digital banking
- Mobile banking app
- Redraw facility
- Redraw fees apply
Eligibility
- Minimum age — 18 years
- Individuals only
- Residency status — Australian citizen and permanent residency only
Constraints
- Minimum limit — $10,000.00Minimum loan amount only applies at time of application
More Information
Published by CommFCU under the Consumer Data Right · Last updated 7 July 2026 · Product ID L32-CL-V · View on CDR.gov.au