Auto Loans
Car Loans
| Car Loans New or Used by Year | Term | Annual Percent Rate | Note Rate |
|---|---|---|---|
| 2024 & 2025 | 48 months | 9.26% | 9.00% |
| 2024 & 2025 | 60 months | 9.47% | 9.25% |
| 2023 | 48 months | 9.64% | 9.38% |
| 2023 | 60 months | 9.73% | 9.51% |
| 2022 | 48 months | 10.07% | 9.80% |
| 2022 | 60 months | 10.14% | 9.92% |
| 2021 | 48 months | 11.10% | 10.83% |
| 2020 | 48 months | 11.46% | 11.19% |
| 2019 | 48 months | 11.71% | 11.44% |
Loan example information – A down payment of up to 20% may be required. A purchase price of $25,000 with a 20% down payment for 60 months at a Note Rate of 9.25% would result in a monthly payment of $417.60. This is an example of a typical transaction that is currently available. These loan rates are available to consumer customers only. Loans on motorcycles and boats add 1.00%.
The above rate information does not constitute an offer. All rates are subject to change at any time. All loans are underwritten at the time of application and are applicable only to a specific vehicle. Vehicles with mileage in excess of 80,000 miles will be considered on a case by case situation. Vehicle evaluations are determined by the NADA Guide. Rates are subject to change without notice. With an auto-debit on your Cornerstone Bank account, the rate will be .25% lower.
