The Finance Algorithm
Broken Hill Bank

L37 Car Loan

When You're Looking For A Car, It Helps To Know What Kind Of Buying Power You Have Before You Start Shopping. Broken Hill Bank Offers Pre-Approval Within 24 Hours, So You Can Get On With Finding The Right Vehicle And Haggle The Best Deal Possible.

Personal loansBank updated 11 June 2026
At a glance
Variable
9.24% · 9.67% comparison
Loan size
$2,000 to $100,000
Upfront fee
$1,065
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
DiscountP&I6.49%6.88%A Discounted Rate To Help You Buy Or Refinance A Car, Motorcycle Or Caravan.
VariableReference Rate Provided And Subject To Assessment Of Application For Credit, With Interest Rate Being Offered Upon ApprovalP&I9.24%9.67%
§ 02 — Fees · 15
FeeTypeAmountWhenNotes
BHCCU Enforcement ExpenseEventNo fee
Credit Bureau Default ListingEvent$75
Debt Agreement FeeEvent$150
Enforcement Collection CostEventNo fee
Enforcement ExpenseEventNo fee
Loan Contract Variation FeeEvent$200
PPSR Alteration FeeEvent$17.50
PPSR Discharge FeeEventNo fee
Loan Redraw Processing FeeTransaction$35
Credit Report FeeUpfront$20
IPEX FeeUpfront$35
Loan Establishment Fee - Self EmployedUpfront$705
Loan Establishment FeeUpfront$280
PPSR Registration FeeUpfront$17.50
PPSR Search FeeUpfront$7.50
§ 03 — Features
RedrawExtra repaymentsDigital bankingUnlimited transactions"Relationship Rewards"
  • · No Balloon Payments
  • · No Monthly Account Keeping Fees
  • · No Loan Service Fees
  • · No Penalties For Early Payouts
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Australian Citizens Or Permanent Residents
  • · Amount $2,000 to $100,000
  • · Maximum LVR 75%
  • · Subject To Eligibility For Credit Via Loan Application Assessment

Published by Broken Hill Bank under the Consumer Data Right, last changed by them on 11 June 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.