New and Used Vehicle Financing

Finance your car, truck, SUV or RV with TowneBank.

Flexible Auto Loan Solutions

With a TowneBank vehicle loan, you’ll enjoy a competitive interest rate that fits your budget. TowneBank can finance your vehicle purchase or refinance an existing loan for a better rate.

Car, Truck & SUV Loans

  • Fixed rate options from 3-6 years
  • Rates starting at 7.41%*APR
  • New and used car loans available

 Motorcycle, RV & Boat Loans

  • Flexible rates 
  • Loans for RVs up to 10 years
  • Loans for boats up to 15 years
  • New and used
Use this calculator to help you determine your monthly car loan payment or your car purchase price. After you have entered your current information, use the graph options to see how different loan terms or down payments can impact your monthly payment. You can also examine your complete amortization schedule by clicking on the "View Report" button.

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Below are some things to consider when financing a car:  

Interest Rate

Make sure you know the annual percentage rate of your loan and ask if it’s fixed or adjustable. Your interest rate will play a key role in determining your monthly payment and your credit score will play a key role in determining your interest rate.  

Total Amount Financed

Make sure to check your loan documents to ensure the purchase price is what you agreed upon. Sometimes clerical errors can occur, so it’s important to make sure.  

The ‘Term’ or Length of Your Loan

Often dealerships will have several options to select from when it comes to terms and they can range from three years all the way up to seven years. It’s important to understand that you’ll pay the interest rate on the life of the loan which means a longer loan term can cost you more.  

Insights & Perspectives

*Current fixed rates range from 7.41% to 7.81% APR for terms from 3 to 6 years, subject to credit approval. Rates may change. Please contact a hometown banker for the APR currently in effect. 

Towne NMLS# 512138

Normal Credit approval criteria apply.

Auto Insurance through Towne Insurance

Protect yourself on the road. Towne Insurance offers personalized options to protect your cars, trucks, motorcycles, RV, boats and more.
Visit Towne Insurance

Existing Loan Support