Auto Loans

Are you looking to upgrade to a new vehicle or refinance your car loan?

If you answered yes to that question – Harford Bank has the auto loan package for you. We offer low rates that make that car more affordable than you ever thought possible.

Product Features

• Affordable fixed interest rates, terms and payments

• Purchase a new or used vehicle

• Refinance your current vehicle loan to a lower rate to save money

• Variety of loan terms with competitive pricing are available

• Quick loan closings

All rates are expressed as an Annual Percentage Rate (APR)

Auto Loan Rates

New Car Rates

Used Car Rates

* Automatic Payments: To qualify for the Automatic Payment Interest Rate, you must have the monthly payments automatically transferred from a deposit account that you maintain with Harford Bank.

For new car loans, the Annual Percentage Rate (APR) is computed based on a $25,000 loan made for the maximum term available. For used car loans, the APR is computed based on a $25,000 loans made for the maximum term available. The APR will be different for a different loan amount and/or loan term.

Automatic Payment Interest Rate payment examples

Based on a new car loan amount of $25,000 and a term of 36 months, the monthly loan payment is $770.67; a $25,000 loan for 48 months would have monthly payment of $598.54; a $25,000 loan for 60 months would have monthly payment of $496.09; and a $25,000 loan for 72 months would have a monthly payment of $430.32.

Based on a used car loan amount of $25,000 and a term of 36 months, the monthly loan payment is $774.10; a $25,000 loan for 48 months would have a monthly payment of $602.03; a $25,000 loan for 60 months would have a monthly payment of $499.64.

Standard Interest Rate payment examples

Based on a new car loan amount of $25,000 and a term of 36 months, the monthly loan payment is $773.53; a $25,000 loan for 48 months would have monthly payment of $601.44; a $25,000 loan for 60 months would have monthly payment of $499.05; and a $25,000 loan for 72 months would have a monthly payment of $433.34.

Based on a used car loan amount of $25,000 and a term of 36 months, the monthly loan payment is $776.97; a $25,000 loan for 48 months would have a monthly payment of $604.94; a $25,000 loan for 60 months would have a monthly payment of $502.61.

The maximum loan amount is 95% of the value of the new auto and 90% of the value of a used auto. All vehicles older than 7 years old add .25% to the above posted rates.

Above rates and terms apply to auto loans made to consumers. For information about loans made to commercial entities, please call 410-942-4000.

Other terms and conditions may apply.