The Teachers Mutual Bank Fixed Rate Car Loan offers rates from 6.49% p.a. (6.70% p.a. comparison rate*). on loans of $10,000 to $80,000.
Updated 10 July 2025
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The Teachers Mutual Bank Fixed Rate Car Loan is a secured loan for vehicle purchases. It has a fixed interest rate of 6.49% p.a. (6.70% p.a. comparison rate). Loan amounts range from $10,000 to $80,000. Terms are flexible, lasting between three and six years. There is an establishment fee of $150. No ongoing monthly fees apply. This makes managing repayments clear and simple.
This loan can be a good choice for people looking for car finance. It provides the stability of fixed repayment amounts. It also aims to lower overall interest costs. Another advantage is that there are no early repayment fees. This lets borrowers pay off their loan early without extra charges.
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$0 annual fee
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No early repayment fee
Other fees may apply.
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Fixed rate of 6.49% p.a.
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From $10,000 to $80,000
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3, 4, 5 or 6 years
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Secured loan
Before applying for this product, you should read the Target Market Determination (TMD) available here on the Teachers Mutual Bank website.