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Teachers Mutual Bank · Personal loan · Unsecured · Variable

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Car Loan

As of 18 September 2026, the Teachers Mutual Bank Car Loan has a comparison rate of 10.21% (from 9.99% advertised), ranking 134th of 212 unsecured loans tracked by BankMate and sitting 6.92 points below the unsecured market average of 17.13%. It is an unsecured variable-rate loan for car loan with fees of $150 application. Lenders publish the lowest rate in their range; the rate offered depends on the applicant.

10.21%comparison rate p.a.

from 9.99% advertised · Unsecured · variable · car loan

Fees: $150 application.

Go to Teachers Mutual Bank

Rate over time

Comparison rate · lenders publish the lowest rate in their range
  • Car Loan
  • RBA cash rate
  • Unsecured average
5.0010.0015.00Today10.21% p.a. today

Changes

No changes recorded for this product since tracking began on 12 September 2026.

Rates

Advertised rate
from 9.99% p.a.
Comparison rate
10.21% p.a.
Rate type
Variable

Fees

Application fee
$150
Monthly fee
None
Annual fee
None
Early repayment fee
None

Loan terms

Loan amount
$5,000 – $80,000
Extra repayments
Yes
Early payout
Yes
Redraw
Yes
Flexible repayment frequency
Yes

Eligibility

Minimum age
18

About this product

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.

Compare all personal loans