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Westpac car loan calc plus#
On the plus side, the maximum loan amount on this loan is a generous $100,000, so if you've been eyeing off a flashy new Porsche, then this could potentially be a good loan option for you.ĭisclaimer Who we are and how we get paid The Westpac Car Loan comes with a few fees that you'll need to budget for, including a $250 application fee, $12 monthly loan account fee and $15 late payment fee.Īlso, if you're buying a used car, keep in mind that the minimum loan amount for this loan is $10,000. Westpac also offers three convenient options for you to apply for the loan including online, in person at a branch or over the phone. Loan terms range from 1 to 7 years and you'll have the ability to make extra repayments so you can pay it off faster.Īnd while you can make extra loan repayments at any time, keep in mind, this loan doesn't offer a redraw facility, so you won't be able to dip into those extra repayments should you ever need access to extra cash. The Westpac Car Loan hits the ground running with competitive fixed rates from 5.99% p.a.
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