NIHFCU Offers Great Rates!

NIHFCU is one of the best kept secrets in auto lending. The Credit Union Auto Lending Monthly Report says, “the typical consumer with an average credit score who financed a six-year $40,000 auto loan at a credit union would pay an annual interest rate of approximately 5.45% — below the 6.86% bank average rate and well below the 7.64% average rate at a finance company.”

"I cut almost $100 off my auto loan Payment"

Cara B

Member Since 2018

Financing over a longer term can lower your monthly payment. NIHFCU’s lending specialists can help you compare the impact that different terms have on your monthly payment.

Loan Lengths up to 84 Months¹

"A typical consumer with an average credit score financing a six-year $40,000 auto loan at a credit union would experience life-of-loan savings of $3,010 compared to the total payments at an auto finance company.”

The Credit Union Auto Lending Monthly Report

WOW!

People Like You, Love this Auto Loan

3 Reasons Why You Need This Auto Loan

Finance up to 125% of your Vehicle’s Value²

up to 90 Days with No Payments³

Beware of lenders who require high down payments to get their best rates. At NIHFCU, you can finance up to 125% of your vehicles value and still get access to our lowest rates.

You read that right! Get up to a 90-day break in auto loan payments. Qualifying members can defer 90 days of payments to the end of their loan, effectively taking a 3-month break in their payments.

Well, if you made it this far, then you understand there’s only one thing left to do. Start the process and apply.

^{NCUA – Your savings are federally insured to at least $250,00d backed by the full faith and credit of the United States Government.}

^{EHO – We do business in accordance with the Fair Housing Act and Equal Credit Opportunity Act.}

© NIH Federal Credit Union

¹Credit restrictions apply; all loans are subject to credit approval and terms may vary. Final rates and terms for approved applications depend on type of collateral, credit and payment history, payment method and other factors that may be lawfully considered. Restrictions may apply. Payment example: Loan amount of $20,000 at a rate of 5.24% APR for 36 months would have monthly payments of $602.00. The NIHFCU does not provide loans for private party purchased vehicles.

²New motorcycle or auto loan-to-value (LTV) is based upon the MSRP and is defined as a vehicle that has not been titled. Used motorcycle and auto loan LTV is based upon NADA retail value.

³A deferral of up to 90 days for your first payment may be available on certain vehicle loans, as determined by the credit union. Deferring a payment will delay the payoff of your loan, and result in additional finance charges if you only make minimum payments. You need to make up the deferred payments. If the credit union agrees to a deferral, additional restrictions may apply.

Credit Unions Save Members Money on Auto Loans

NIHFCU is the best kept secret in auto lending. The Credit Union Auto Lending Monthly Report says, “the typical consumer with an average credit score who financed a six-year $40,000 auto loan at a credit union would pay an annual interest rate of approximately 5.45% — below the 6.86% bank average rate and well below the 7.64% average rate at a finance company.”

Loan Lengths up to 84 Months¹

up to 90 Days with No Payments³

Finance up to 125% of your Vehicle’s Value²

NIHFCU Saves its Members Money on Auto Loans

"A typical consumer with an average credit score financing a six-year $40,000 auto loan at a credit union would experience life-of-loan savings of $3,010 compared to the total payments at an auto finance company.”

The Credit Union Auto Lending Monthly Report

NIHFCU Can Save You Money on your Next Vehicle

NIHFCU’s Car Buying Service, powered by TrueCar, can save you money and time. 

• Shop online to find your vehicle
• NIHFCU low-rate pre-approval
• Get a guaranteed offer for your trade
• Home delivery of your vehicle