Teachers Mutual Bank car loans

4.1
Based on 26 Teachers Mutual Bank car loan product reviews.
Fact Checked

Since Teachers Mutual Bank opened its doors to workers in the industry over 50 years ago, the provider has grown to offer two secured car loans and an unsecured option. The best part is, these competitive loans are not only offered to current teachers but retired education workers and their families too. If you're considering a 2022 Mozo Experts Choice Award winning Teachers Mutual Bank loan to finance the car of your dreams, you’ve landed on the right page as we’ll run through each one in detail below.

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Last updated 3 November 2024 Important disclosures and comparison rate warning*

Teachers Mutual Bank car loans

  • All Purpose Loan

    • Variable, Unsecured
    Interest rate from
    11.99 % p.a.
    Comparison rate from
    12.21 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $150.00
    Link not supplied

  • Car Loan

    • Variable, Secured
    Interest rate from
    9.99 % p.a.
    Comparison rate from
    10.21 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $150.00
    Link not supplied

  • Car Loan

    • Fixed, Secured
    Interest rate from
    9.99 % p.a.
    Comparison rate from
    10.21 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $150.00
    Link not supplied

  • All Purpose Loan

    • Fixed, Unsecured
    Interest rate from
    8.99 % p.a.
    Comparison rate from
    9.20 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $150.00
    Link not supplied

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Teachers Mutual Bank car loan ratings

Overall customer rating for Teachers Mutual Bank car loans

4.1
Based on 26 product reviews.

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Teachers Mutual Bank products

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* 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.

^See information about the Mozo Experts Choice Personal Loan Awards

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