A Michigan road on a fall day

Vehicle and Personal Loan Rates

Rates and Terms as of August 1, 2022

New and Used Car and Truck Loans

Year

Term

Rate as low as

APR1 as low as

2016 - 2022

60 mos.

4.29%

4.29%


72 mos.

4.49%

4.49%


84 mos.2

4.54%

4.54%

2013 - 2015

60 mos.

4.59%

4.59%

2012

60 mos.3 5.99% 5.99%

1APR = Annual Percentage Rate. Payment example: On a $20,000.00 loan at 3.89% with a 60-month term, you would make 60 monthly principal and interest payments of $370.95. Actual rate may vary based on your credit score, actual loan amount is subject to NADA value, and a 10% down payment may be required. Older vehicle financing may be available. For additional details contact an Eastern Michigan Bank location near you.

2Loan amount must be $20,000 or higher to be eligible for an 84-month term.

3Loan amount must be $10,000 or higher to be eligible for a 60-month term.

Motorcycles, 4-Wheelers, UTVs, Snowmobiles, and Personal Watercraft

Year

Term

Rate as low as

APR1 as low as

2016 - 2022

60 mos.

4.69%

4.69%

2016 - 2022

84 mos.

5.04%

5.04%

1APR = Annual Percentage Rate. Payment example: On a $20,000.00 loan at 4.69% with a 60-month term, you would make 60 monthly principal and interest payments of $374.59. Your actual rate may vary based on your credit score. Actual loan amount is subject to NADA value and a 10% down payment may be required. For additional details contact an Eastern Michigan Bank location near you.


Boats, Travel Trailers and Motor Homes 

Year

Term

Rate as low as

APR1 as low as

2016 - 2022

60 mos.

4.69%

4.69%

2016 - 2022

84 mos.

5.04%

5.04%

2016 - 2022

144 mos.

5.24%

5.24%

1APR = Annual Percentage Rate. Payment example: On a $20,000.00 loan at 4.69% with a 60-month term, you would make 60 monthly principal and interest payments of $374.59. Your actual rate may vary based on your credit score. Actual loan amount is subject to NADA value and a 10% down payment may be required. For additional details contact an Eastern Michigan Bank location near you.


Recreational Vehicles and Boats $35,000 and Above

Year

Term

Rate as low as

APR1 as low as

2016 - 2022

180 mos.

6.25%

6.25%

1APR is Annual Percentage Rate. Payment example: On a $35,000.00 loan at 6.25% with a 180-month term, you would make 180 monthly principal and interest payments of $300.10. Your actual rate may vary based on your credit score. Actual loan amount is subject to NADA value and a 10% down payment may be required. Older vehicle financing may be available. For additional details contact an Eastern Michigan Bank location near you.

RVs and Boats over $100,000

Please contact your nearest Eastern Michigan Bank location for terms and pricing.

Boats and Motor Homes, Model Years 2010 - 2015

Please contact your nearest Eastern Michigan Bank location for terms and pricing.

Personal Unsecured Loan

Term

Rate as low as

APR1 as low as

36 mos.

14.25%

14.25%

1APR stands for Annual Percentage Rate. Payment example: On a $20,000.00 loan with a 36 month term, you would make 36 monthly principal and interest payments of $686.43. Your actual rate may vary based on your credit score. For additional details contact an Eastern Michigan Bank location near you.


All rates are subject to change without notice