Very surprised to have gotten a 9.9%apr from navy federal with a 772 credit score. So in order to get a new car auto loan rate, the vehicle needs to be 2023 model year or newer with less than 30,000 miles. Went through a local branch and got approved.
Navy Federal Credit Union Auto Loan Review (2025 Rates)
In this article, we’ll dive into the essential details that you may not be aware of, shedding light on.
Like someone making $300k/year with proof of income and an 800 score and like 5% dti.
An interest rate is a charge you pay on money borrowed—in this case, on the loan for your car. Car buyers will likely have more options this fall, but it could be an extra expensive time to purchase thanks to the highest auto loan rates in years. You may struggle with that payment plus. My score’s a bit low only.
We recently applied to get a car loan through navy federal. Don't forget to get quotes on insurance as well. Learn how your auto loan interest rate will impact your car purchase. Refinancing could lower your interest rate, decrease your monthly payment or both.
Why refinance your auto loan?
Using bloomberg's auto refinance methodology and national average auto lending rates from bankrate.com, cdg internal data and insights analysts found that if prime. Navy federal can help you get a great mortgage loan. Does anyone know how long 2023 model year vehicles will stay. Our auto loans can get you on the road in no time.
Despite a small change in the quality of newly originated loans, auto loan delinquency rates have been rising overall, as discussed in a previous post. — today's auto refinance loan rates 1. They did my used car loan for 7.24% (with nothing down) and i’m at a 725. Buying a 2023 vehicle in december 2024, navy federal said i could get an auto loan based on the new vehicle fee schedule, because 2023 was new enough.
Anybody here getting their advertised 6.09% rate.
You could lower your interest rate, decrease your monthly payment or pay off your car loan sooner. Had 3 prior loans with them and never missed a payment. It’s going to be nearly impossible to afford a $19k car if your gross income is $36k. Rates as of feb 15, 2025 et.
Are you saying navy federal offered you 12% for a used car loan with a 740 fico? A lower interest rate could mean a lower monthly payment and paying less interest over the duration of your loan.
