How to apply
The estimated repayment amount does not include any fees and charges which may apply.
Any calculation made by you using this calculator is intended as a guide only. It is for illustrative purposes only and is based on the accuracy of the information provided. The calculator does not take stamp duty or other government charges into account. The calculation does not constitute an offer of finance from Bank of Melbourne.
If you apply for a Bank of Melbourne product, we will let you know what your repayments will be.
Credit criteria and fees and charges will apply. Terms and conditions are available on request.
1. This Secured Car Loan Calculator contains a number of assumptions. The comparison rate is based on a secured loan of $30,000 for a term of 5 years. *WARNING: 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.
For secured personal loans, any motor vehicle offered as security must not be more than 7 years old at the time of application. The vehicle used as security must be registered under the applicant's name. If the vehicle is registered in joint names, the loan application must be under joint names. Initial rate indications quoted prior to full loan-to-valuation ratio being completed may change depending on the valuation of security offered.