UNITY BANK
Fixed Rate Car Loan P&I <5Y
UNITY BANK · pers loans
Provider last updated this product 2026-07-01.
Go to provider
You'll complete your application on
UNITY BANK's website. Confirm the rate and fees with them
before applying.
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.
As published by the lender
- Vehicles - New or used vehicles, up to 5 years old
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| FIXED | 7.99% | 8.01% | OTHER | PRINCIPAL AND INTEREST | 24 months | - | calculated daily, paid monthly |
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| LOAN_ESTABLISHMENT_FEE_-_FIXED_RATE_CAR_LOAN_(NEW) | UPFRONT | $200 | A fee charged to set up a new car loan |
| LATE_PAYMENT_FEE | EVENT | $15 | A fee charged when you don't make your minimum monthly payment, plus any overdue amount |
| DEFAULT_NOTICE_FEE | EVENT | $50 | A fee charged if you default on your repayments and we issue a default notice |
| PAPER_STATEMENT_FEE | PERIODIC | $2 | A fee charged to cover the cost of producing and sending paper statements |
| FIXED_RATE_LOCK_FEE | EVENT | $500 | 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. |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-17 | 2026-09-30 (current) | 7.99% | 8.01% |
Published figures as captured daily since 2026-07-17. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- 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
Who can apply
- min age - 18Individuals 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 ResidentYou must be an Australian citizen or permanent resident to apply
- otherApplications for finance are subject to the Bank's normal credit approval
- otherA secured car loan is for buying a new or used car that is less than 5 years old
Limits
- min balance - 1000.00
- max balance - 150000.00
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-07-01T15:05:43.000+10:00 · Product ID: L17_FIXNEWCAR_12