Vehicle Rates

Rates current as of January 1, 2017 and are subject to change without notice.  

 

 

Car loans

Term    

Minimum Loan Amount

Special APR1,2 as low as

2016-2017 model yr

up to 36 mos

$5,000

2.14%

 

37-60 mos

$8,000

2.64%

 

61-75 mos

$10,000

2.90%

 

76-84 mos

$20,000

4.40%  

2014-2015 model yr

up to 36 mos

$5,000

2.64%

 

37-60 mos

$8,000

2.90%

 

61-75 mos

$10,000

3.40%

2012-2013 model yr up to 36 mos $5,000 2.90%
  37-60 mos $8,000 3.40%
  61-66 mos $10,000 3.90%
2010-2011 model yr up to 36 mos $5,000 3.15%
  37-48 mos $8,000 3.65%
  49-60 mos $10,000 4.40%
2006-2009 model yr up to 36 mos   4.15%

 

Turn to Northwest Federal for a variety of other vehicle loans

 Loan Type

Minimum
Loan Amount

APR1 as low as 

Boat/RV/Miscellaneous Vehicles  

up to 60 mos
61-120 mos
121-180 mos

$10,000
$25,000
$50,000

8.15%
8.35%
8.65%

Motorcycle  

up to 48 mos
up to 60 mos

$5,000
$10,000 & higher

 

6.15%
7.15%


1 APR= Annual Percentage Rate. Rate is based on an evaluation of your credit history, so your rate may differ. Rate is subject to change without notice.

2 Rate is based on model year and term. Rate is valid for purchases and refinances from another lender only; internal refinances are excluded from special rates. Vehicles with mileage over 100,000 add 2 percentage points to rates. Classic cars (20+ years) add 4 percentage points to rates. Terms and rates will vary on loans for business purposes.


Auto loan payment example: car loan with model year of 2016 and loan amount of $20,000 for 4 years at 2.49% APR will have an estimated monthly payment of $438.66.

Boat loan payment example: boat loan amount of $10,000 for 60 months at 8.00% APR will have an estimated monthly payment of $203.40

Motorcycle loan payment example:  motorcycle loan amount of $10,000 for 60 months at 7.00% APR will have an estimated monthly payment of $198.55.   

Obtaining any loan with Northwest Federal requires membership eligibility and becoming a member by opening a primary savings account.