Automobile Rates

New / UsedTermPremium Rate*Annual
Percentage Rates
Monthly Payment
per $1000 Borrowed
New 60 Months 3.99% 4.15% $18.41
Used 60 Months 4.25% 4.66% $18.53

*Based on a minimum credit score of 740 and subject to Wayne Bank’s credit policy. **Some restrictions apply. Minimum & maximum amounts may apply. Additional information such as terms, restrictions, fees & closing costs available.

Annual Percentage Rates are effective as of January 29, 2014 and are subject to change without notice.

Final rate and APR will be determined based on review of credit application.

Rates and APRs for 60-month new auto loans range from a rate of 3.99% with an APR of 4.15% as disclosed above to 7.75% with an APR of 7.92% and a monthly payment of $20.16 per $1,000 borrowed.

Rates and APRs for 60-month used auto loans range from a rate of 4.25% with an APR of 4.66% as disclosed above to 8.75% with an APR of 9.17% and a monthly payment of $20.64 per $1,000 borrowed.

Annual Percentage Rate calculations include a $100 loan documentation fee and are based on $25,000 loan for new autos and $10,000 loan for used autos.

0 - 10% down payment may be required. Restrictions may apply.

Other terms and rates are available.  Please contact any local community office for additional information.