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Drive away with a New Car Loan
Buying a new car is a big moment and we’re here to help make it simple. With a competitive fixed interest rate, no monthly or annual fees and the flexibility to pay off your loan early without penalties, our New Car Loan puts you in the driver’s seat.
Whether you're upgrading, buying a new vehicle or refinancing a loan for a car less than three years old, you can enjoy terms of up to seven years and an easy, straightforward application process. It’s all about giving you the freedom to hit the road on your own terms.
Product Features:
Personal Loans |
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Minimum amount : | $5,000 |
Maximum amount : | $50,000 |
Loan period : | Up to 7 years |
Repayments : | Weekly, fortnightly or monthly fixed repayments |
Interest charges : | Calculated daily, charged monthly |
Redraw : | Minimum redraw $1,000 - online or staff assisted |
Interest rate | Comparison rate | |
New car loan | Fixed from 7.99% p.a. | 8.27% p.a. |
Document or Information | View or Download |
Fees, charges and limits | Learn more → |
Target market determinations | Learn more → |
Interest rates | Learn more → |
Important documents | Learn more → |
Compare all personal loan accounts | Compare now → |

You're gonna love us
The Mutual Bank has been supporting regional communities with trusted banking for over 135 years
We’re proudly customer owned, which means we exist to benefit you. Not external shareholders. Whether you're opening your first account or planning for the future, we’re here with genuine service, great-value products and the kind of care only a mutual can offer.
Looking for something else?
View and compare our Personal and Car Loans