Car Loan
Personal LoansData Sharing Status
With our car loan you can buy the car of your dreams, whether it's a new or used car up to 10 years old.
- From
- 9.99%
- 10.21% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Loan term up to 6 years. Comparison rates quoted are based on $30,000 for a term of 5 years for Car Loans. Products quoted are unsecured except Car Loans over $50,000 are secured. 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. | 9.99% | 10.21% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| APPLICATION_FEE This fee is applicable when the loan is funded.
| Upfront | $150.00 |
Features
- No ongoing fees
- Choose weekly, fortnightly or monthly repayments
- Make extra repayments
- A competitive variable interest rate
- Redraw facility
- A fee free redraw facility to access additional repayments you've made. Redraw is subject to application and registration.
- Digital banking
- 24/7 access via internet banking, mobile app and phone banking
- Accessories like a car navigation system, alarm and your car insurance can be added to the loan
- No fee for early repayment
Eligibility
- You must be a member. Membership is open to current or retired employees of the Australian education sector or family members of members (i.e. shareholders) of the Bank.
- Residency status — Individuals must be citizens or permanent residents of Australia.
- Individuals only
- Minimum age — 18 years
- All applications for credit are subject to responsible lending criteria. Fees and charges apply. You can find our Consumer Lending terms and conditions online or from any of our offices.
Constraints
- Minimum limit — $5,000.00Minimum loan amount is $5,000
- Maximum limit — $80,000.00Maximum loan amount is $80,000
More Information
Published by Teachers Mutual Bank under the Consumer Data Right · Last updated 13 July 2026 · Product ID 656564ed-a9d6-4270-b7eb-29a3ce5bb34f · View on CDR.gov.au