PERSONAL LOAN REPAYMENTS CALCULATOR
Things you should know
*Apply and fund a new Secured Car Loan by 19 March 2017 to receive a 1% p.a. discount on your approved interest rate. Applications are subject to credit approval. Full terms and conditions will be included in our loan offer. Fees and charges apply. Commonwealth Bank of Australia ABN 48 123 123 124. Australian credit licence 234945.
The interest rate for Secured Car Loans is from 7.49% p.a. (normally from 8.49% p.a.) if you apply and fund by 19 March 2017. The comparison rate for Secured Car Loans is 8.54% p.a. (normally 9.54% p.a.) if you apply and fund by 19 March 2017, based on an unsecured $30,000 loan over five years.
Unsecured personal loan repayment terms range from 1 to 7 years. Interest rate ranges and representative examples are: Based on an unsecured loan of $30,000 borrowed for 5 years with the minimum interest rate of 13.9% p.a. (14.77% p.a. comparison rate), the estimated total amount payable including fees is $42,540; and with the maximum interest rate of 18.9% p.a. (19.74% p.a. comparison rate), the estimated total amount payable including fees is $47,344. WARNING: These comparison rates apply only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.