Motorcycle Loans
Harford Bank has affordable motorcycle loans.
These loans are designed to help the motorcycle enthusiast to achieve their dream. Applying for a loan is simple and easy.
Product Features
Affordable fixed interest rates, terms and payments
Purchase a new or used motorcycle
Refinance your current motorcycle loan to a lower rate to save money
Variety of loan terms with competitive pricing are available
Quick loan closings
All Rates are expressed in Annual Percentage Rate [APR].
Motorcycle Loan Rates
New Motorcycle Rates
Term |
Loan Amount |
Automatic Payment Interest Rate* |
Standard Interest Rate |
|---|---|---|---|
Up to 36 Months |
$15,000.00 |
7.49% |
7.74% |
37 to 48 Months |
$15,000.00 |
7.59% |
7.84% |
49 to 60 Months |
$15,000.00 |
7.74% |
7.99% |
Used Motorcycle Rates
Term |
Loan Amount |
Automatic Payment Interest Rate* |
Standard Interest Rate |
|---|---|---|---|
Up to 36 Months |
$10,000.00 |
7.59% |
7.84% |
37 to 48 Months |
$10,000.00 |
7.69% |
7.94% |
*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 motorcycle loans, the Annual Percentage Rate is computed based on a $15,000 loan made for the maximum term available. For used motorcycle loans, the APR is computed based on a $10,000 loan made for the maximum term available. The APR will be different for a different loan amount and/or term.
Automatic Payment Interest Rate payment examples
Based on a new motorcycle loan amount of $15,000 and a term of 36 months, the monthly payment is $466.52; a $15,000 loan for 48 months would have a monthly payment of $363.31; a $15,000 loan for 60 months would have a monthly payment of $302.28.
Used motorcycle loan amount of $10,000 and a term of 36 months, the monthly payment is $311.48.
Used motorcycle loan amount of $10,000 and a term of 48 months, the monthly payment is $242.68.
Standard Interest Rate payment examples
Based on a new motorcycle loan amount of $15,000 and a term of 36 months, the monthly payment is $468.25; a $15,000 loan for 48 months would have a monthly payment of $365.07; a $15,000 loan for 60 months would have a monthly payment of $304.07.
Used motorcycle loan amount of $10,000 and a term of 36 months, the monthly payment is $312.63.
Used motorcycle loan amount of $10,000 and a term of 48 months, the monthly payment is $243.85.
10% down payment is required on all new and used motorcycle loans. Terms and rates are subject to change without notice and other conditions may apply.
Visit any branch, call 410-942-4000 or email for details.
Paige Bullers
[email protected]
NMLS# 2237179
Cell Phone: 760-285-3913
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