---
title: "Fixed Rate Car Loan P&I <5Y — Unity Bank"
description: "Personal Loans from Unity Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/unity-bank/products/L17_FIXNEWCAR_12
source: "CDR Compare"
language: en-AU
last_updated: 2026-07-01T15:05:43.000+10:00
---

# Fixed Rate Car Loan P&I <5Y — Unity Bank

> Personal Loans from Unity Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Personal Loans · UNITY BANK**

Drive away your dream car without breaking the budget with our Fixed Rate Car Loan. Borrow up to $150,000 for a new or used car up to 5 years old, and lock in a fixed interest rate for up to 7 years.

## At a glance

- **From:** 7.99% (8.01% comparison)

## Apply

Applications are handled by the provider: [Apply at Unity Bank](https://www.unity.bank/help/apply-online/apply-online/)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Fixed · 2 years | 7.99% | 8.01% | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| LOAN_ESTABLISHMENT_FEE_-_FIXED_RATE_CAR_LOAN_(NEW) — A fee charged to set up a new car loan | Upfront | $200.00 |
| LATE_PAYMENT_FEE — A fee charged when you don't make your minimum monthly payment, plus any overdue amount | Event | $15.00 |
| DEFAULT_NOTICE_FEE — A fee charged if you default on your repayments and we issue a default notice | Event | $50.00 |
| PAPER_STATEMENT_FEE — Charged monthly · A fee charged to cover the cost of producing and sending paper statements | Ongoing | $2.00 |
| FIXED_RATE_LOCK_FEE — A fee charged to guarantee the fixed interest rate quoted to you at loan approval for up to 90 days from the date of approval. The amount is $500.00 or 0.15% of the total fixed rate loan amount whichever is the higher. | Event | $500.00 |

## Features

- **Redraw facility** (Free access to your cash with our redraw facility (minimum $100 redraw amount))
- **PayID** (Get faster payments between participating banks, anytime with Pay ID)
- **Real-time payments (NPP)**
- **1 to 7 years**
- **Flexible repayment options weekly, fortnightly or monthly**
- **You can make extra repayments or repay your loan in full at any time. Extra repayments may enable you to redraw funds, subject to conditions**
- **No PPSR (Personal Property Securities Register) fee is charged during the loan application**
- **Set repayments that won't change during the fixed term so you can lock in certainty**

## Eligibility

- **Minimum age** — 18 years (Individuals must have the legal capacity to enter into the loan contract, provide acceptable identification documentation and be 18 years or older)
- **Employment status** — Employed
- **Residency status** — Permanent Resident (You must be an Australian citizen or permanent resident to apply)
- **Applications for finance are subject to the Bank's normal credit approval**
- **A secured car loan is for buying a new or used car that is less than 5 years old**

## Constraints

- **Minimum balance** — $1,000.00
- **Maximum balance** — $150,000.00

## More information from Unity Bank

- [Overview](https://www.unity.bank/personal-loans/buy-a-car/find-and-finance-your-car/)
- [Terms & conditions](https://www.unity.bank/reusable-documents/disclosure-documents/account-and-access-facility-conditions-of-use/)
- [Eligibility](https://www.unity.bank/personal-loans/buy-a-car/find-and-finance-your-car/)
- [Fees & pricing](https://www.unity.bank/help/rates-fees/)

## Data provenance

- Published by Unity Bank under the Consumer Data Right
- Product ID: `L17_FIXNEWCAR_12`
- Last updated by the provider: 1 July 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/unity-bank/L17_FIXNEWCAR_12
- Provider page: https://www.cdrcompare.au/brands/unity-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000182

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/unity-bank/products/L17_FIXNEWCAR_12) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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