The Finance Algorithm
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Car Loan

Tailored rates available for cars, motorbikes, caravans and boats that are less than 5 years old.

Personal loansBank updated 24 Aug 2026

At a glance

Fixed
6.35%7.27% comparison
Loan size
$4,000 to $200,000
Monthly fee
$10

How it compares

This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This personal loan: 6.35%Every other institution's lowest, 41 in all

Lowest advertised rate, fixed or variable. One dot per institution, at its lowest car loan rate from a bank or lender anyone can apply for; hover or tap a dot for its name.

RateThis personal loanBest anywhereTypical institutionWhere it sits
Car loan from a bank or lenderLowest advertised rate, fixed or variable6.35%5.74%Westpac's Car Loan6.99%of 42 institutions11th lowest of 42

Rates

The one rate AMB Bank Product publishes for this personal loan.

TypeApplies toTermBandRateComparisonConditions
FixedP&I7 mo fixed-6.35%7.27%-

Fees

11 fees published, grouped by when they're charged.

While you hold it2

  • Loan service fee - Personal, Green & Car Loans
    $10 a month
  • Paper statement fee (per statement)
    $2 a month

When particular things happen9

  • Archive retrieval fee

    Per hour fee apply plus any expenses incurred

    From $50
  • Arrears notice fee

    2nd and subsequent reminders by letter or phone

    $20
  • Audit Certificate Fee

    Per audit certificate requested

    $50
  • Copies of statements (over 12 months) at branch or posted

    per page

    $5
  • Copies of statements (up to 12 months) at branch
    $2.50
  • Copies of statements (up to 12 months) posted

    per page

    $1
  • Default notice fee

    Payable when a notice is issued regarding a default under the contract

    $30
  • Personal Property security admin fee
    $30
  • Processing and switch fee - Personal and Car Loans
    From $150

Features

  • The ability to make extra repayments or pay off your loan early without penalty

Eligibility and limits

  • Minimum age 18
  • Residency: Individuals must be citizens or permanent residents of Australia.
  • Employment: Applicants must be currently employed or receiving a regular income. Self employed clients should contact the Bank prior to applying
  • Available to individuals
  • Amount $4,000 to $200,000

Published by Australian Military Bank under the Consumer Data Right, last changed by them on 24 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.