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.
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