
Automobile and Recreational Vehicle Rates***
Auto Loan Specials
Rates as low as 1.99%** on 2009-2013 up to 60 months OR 2.24%** up to 72 months
|
Year |
Term |
Rates As Low As |
APR* As Low As |
|
New, 2012 |
72 Month |
3.49% |
3.644% |
|
New, 2012 |
60 Month |
3.12% |
3.304% |
|
New, 2012 |
48 Month |
2.62% |
2.846% |
|
New, 2012 |
36 Month |
2.49% |
2.787% |
|
2011 |
72 Month |
3.74% |
3.896% |
|
2011 |
60 Month |
3.12% |
3.304% |
|
2011 |
48 Month |
2.87% |
3.096% |
|
2011 |
36 Month |
2.74% |
3.038% |
|
2010 |
72 Month |
3.99% |
3.271% |
|
2010 |
60 Month |
3.37% |
3.554% |
|
2010 |
48 Month |
3.12% |
3.346% |
|
2010 |
36 Month |
2.99% |
3.288% |
|
2009 |
60 Month |
3.62% |
3.803% |
|
2009 |
48 Month |
3.37% |
3.597% |
|
2009 |
36 Month |
3.24% |
3.539% |
|
2008 |
60 Month |
4.12% |
4.305% |
|
2008 |
48 Month |
3.87% |
4.098% |
|
2008 |
36 Month |
3.74% |
4.039% |
|
2007 |
48 Month |
4.37% |
4.600% |
|
2007 |
36 Month |
4.24% |
4.540% |
|
2006 |
36 Month |
4.99% |
5.292% |
|
2006 |
24 Month |
4.87% |
5.313% |
All of Peru Federal Savings Bank's Consumer Loan Rates are Risk-Based. Adjustments may be made to the rates listed above based on the customers loan to value & credit scores from the Credit Agencies.
***Recreational Vehicle Rates are 1.50% over Auto Rates listed
***Auto Loans older than 1998 will be priced & underwritten as UNSECURED.
*APR= Annual Percentage Rate. Loan APR calculations based on loan amount of $20,000 and include a $90 document preparation as a prepaid finance charge.
**Auto Loan Specials-Credit score of 725 or greater with at least 5 reportable items, and a debt to income ratio of 36% or less. Loan amount up to dealer invoice for new vehicles and NADA clean trade for used vehicles. 2013 used will be based on 90% of dealer invoice. Borrowers must meet income standards and other underwriting standards. Borrowers must live in 613xx zip code. Rate applies to vehicle purchase or refinance from another financial institution only. A $20,000 vehicle loan at 1.99% for 60 months is equal to $350.45 monthly payment with an annual percentage rate of 2.141%. A $20,000 vehicle loan at 2.24% for 72 months is equal to $297.11 monthly payment with an annual percentage rate of 2.367%. Rates are subject to change at any time.
*Rates subject to change at any time.
