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Harmoney Low Rate Car Loan

Advertiser disclosure
The details shown below are for a fixed loan between $2,000 and $70,000
The details shown below are for a fixed loan between $2,000 and $70,000

Choose the version of this loan that suits you best

Loan type Name Min loan amount Max loan amount
Fixed Low Rate Car Loan Excellent Credit (Fixed, Secured) $2,000 $70,000
Fixed Low Rate Car Loan Excellent Credit (Fixed, Unsecured) $2,000 $70,000
  • Loan: $2,000 $70,000
  • Loan: $2,000 $70,000
Interest rate from
5.66% p.a.to 20.07% p.a.
Comparison rate from
6.45% p.a.to 20.98% p.a.based on $30,000
over 5 years
Upfront fee
$575.00
Interest rate from
5.76% p.a.to 24.03% p.a.
Comparison rate from
6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years
Upfront fee
$575.00

Mozo editorial review Harmoney Low Rate Car Loan - last updated: 3 January 2024

binocular icon
What's hot
  • Low interest rates from 5.66% (6.45% comparison rate*)
  • No ongoing fees
  • Flexible repayments schedule
What's not
  • $575 application fee if your loan is more than $5K
Mozo snapshot

Car loans are great for allowing you to get the wheels you want, when you don’t have all the funds to do so. Harmoney Low Rate Car Loan Secured offers an interest rate from 5.66% (6.45% comparison rate*) with 3, 5 and 7-year terms, and weekly, fortnightly or monthly repayments. To go with these good features, the loan has no ongoing fees, no early repayment fee, and allows free extra repayments. If you're borrowing less than $5K the loan application fee is just $200, otherwise you'll pay a pretty steep $575 application fee.

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Key features

If you’re looking for a new car, you’re probably looking for a car loan too. Well good news, the Harmoney Secured Low Rate Car Loan offers fixed interest rates starting from 5.66% interest rate (6.45% comparison rate*) depending on your credit history. 

If you’re keen to shave off some interest costs, you’ll be able to make free extra repayments on your loan. And if you want to go all the way and pay off your loan early, you can do so without being lumped with any sort of early repayment penalty. Plus there are no ongoing service fees, that might catch you out each month.

When you’re repaying your car loan you want to have a schedule that best fits with your budget. Fortunately with Harmoney Low Rate Car Loan’s flexible repayment terms, you can choose to pay your loan over a range of 1-7 years in either weekly, fortnightly or monthly instalments. You can also choose to get a loan from as low as $2,000, all the way up to $70,000.

If you don't want to secure your loan, Harmoney offer the same Low Rate Car Loan unsecured with rates starting from 5.76% p.a. (6.55% p.a. comparison rate*). An unsecured loan means your property cannot be seized if you default on the loan and are unable to make payments.

snapshot
Who is it good for

Since Harmoney Low Rate Car Loan personalises your interest rate, based off your credit history, those with excellent credit scores are going to benefit most from the lowest interest rate available.

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Any catches

On the other side, if you don’t have a great credit score, you may find yourself paying a much higher interest rate that should be avoided if you can.

And make sure that you set up automatic repayments so that you never have to worry about missing a repayment due date. If you do miss it, you'll need to pay a $15 late payment fee. 

Details

Rates and fees information correct as at 25 July 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Fixed

5.66% p.a.to 20.07% p.a. fixed

6.45% p.a.to 20.98% p.a.based on $30,000
over 5 years

Fees

$575.00

$0.00

$15.00

$0.00

$0.00

Other financial bits

$2,000.00

$70,000.00

3 Years

7 Years

Vehicle

Features

-

Weekly, Fortnightly, Monthly

yes

no

Establishment fee is added to the loan amount and interest is charged on the total amount.

Establishment fee is $275 for loans under $5,000.

WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or 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.

Details

Rates and fees information correct as at 25 July 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Fixed

5.76% p.a.to 24.03% p.a. fixed

6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years

Fees

$575.00

$0.00

$15.00

$0.00

$0.00

Other financial bits

$2,000.00

$70,000.00

3 Years

7 Years

Unsecured

Features

-

Weekly, Fortnightly, Monthly

yes

no

Establishment fee is added to the loan amount and interest is charged on the total amount.

Establishment fee is $275 for loans under $5,000.

WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or 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.

Customer Reviews

How are Harmoney personal loans rated by the Mozo community?

Overall
5.3/10
Price
4.2/10
Features
4.2/10
Customer service
6.3/10
Convenience
6.0/10
Trust
5.0/10
Based on 13 Harmoney personal loan reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

About Harmoney

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Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.

$0.00

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NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

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OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

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Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Holiday Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

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Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Debt Consolidation

6.57% p.a.to 18.99% p.a.

7.19% p.a.to 19.39% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

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loans.com.au

New Car Loan - Special

8.39% p.a.

9.50% p.a.based on $30,000
over 5 years

Thumbnail icon for Jacaranda Finance
Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Holiday Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

Thumbnail icon for Jacaranda Finance
Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Low Rate Personal Loan

9.14% p.a.to 11.19% p.a.

9.50% p.a.to 11.56% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Holiday Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

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