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First Command Current Interest Rates

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Auto Loan Rates

Only existing First Command Bank clients are eligible to apply online. For more information or to become a client, please contact a Financial Advisor near you.

Secured Rates

All loans subject to approval. Only existing First Command clients are eligible to apply. For more information or to become a client, please contact a Financial Advisor near you.

Unsecured Rates

All Loans subject to credit approval. Only existing First Command clients are eligible to apply. For more information or to become a client, please contact a Financial Advisor near you.

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Rates and offers current as of , and are subject to change.

All loans are subject to credit approval. Rates subject to change without notice and vary based on approved credit and other factors, such as term, model year and loan amount. Monthly payments vary based on APR for which borrower is approved, term for which vehicle is financed, and amount borrowed.

1. The Annual Percentage Rate (APR) is variable and is based on the Prime Rate (the index) plus margin as published in The Wall Street Journal.

2. APR with FCB Discount: To qualify for the loan discount offer, an automatic payment from a First Command Bank deposit account must be open prior to loan funding. The discount is 0.50% off the base rate. Discount offer is subject to change without notice.

3. New Auto Loans:  Loan rates are based on term.  A vehicle purchased through a dealership must be 2 years or newer in age, with 20,000 miles or less.

New automobile loan payment example: On a 2-year-old or newer vehicle for a 12- to 60-month term, monthly payments would be $85.49-$18.75 per $1,000.00 borrowed at an annual percentage rate (APR) of 4.74% with a discount.2

New automobile loan payment example: On a 2-year-old or newer vehicle for a 72-month term, monthly payments would be $16.22 per $1,000.00 borrowed at an annual percentage rate (APR) of 5.24% with a discount.2

4. Used Auto Loans: Loan rates are applicable to used automobile purchases through a dealership up to 7 years or newer in age, or those with 20,001 miles or more.

Used automobile loan payment example: On a 7-year-old or newer vehicle for a 12- to 60-month term, monthly payment would be $85.95-$19.21 per $1,000.00 borrowed at an annual percentage rate (APR) of 5.74% with a discount.2

5. Refinance Auto Loans:  For used vehicles, maximum used car loan will be determined by First Command Bank. First Command Bank does not permit internal refinances of an existing First Command Bank auto loan.

6. Secured with eligible, non-tax qualified investments with First Command. Fund cannot be assigned as a collateral to any other institution. AMS and IMA accounts may be used.

Invesco funds with TOD, POD or Trust accounts are not eligible to be assigned as collateral.

Partially Secured Installment loan payment example with an interest rate of 10.25%: New Loan of $30,000 loan with a term of 60-months, monthly payment would be $641.11 with an annual percentage rate (APR) of 10.25%.

Partially Secured Installment loan payment example with an interest rate of 5.50%: New loan of $30,000 loan with a term of 60-months, monthly payment would be $573.03 with an annual percentage rate (APR) of 5.50%.

Fully Secured Single-Pay loan payment example: For a $5,000,000 loan with a term of 12-months, an annual percentage rate (APR) of 5.75% a Final Balloon payment of $5,291,493 due at maturity.

Fully Secured PCS Single-Pay loan payment example: For a $10,000 loan with a term of 6-months, an annual percentage rate (APR) of 2.99% a Final Balloon payment of $10,151.16 due at maturity.

7. Fully Secured Balloon loan payment example: For a $5,000,000 loan on a 4-year fixed-rate term, amortized for up to 360-months, monthly payment would be $27,610.19 with an annual percentage rate (APR) of 5.25% and a Final Balloon payment of $4,722,022.07.

Fully Secured Installment loan payment example: For a $5,000,000 loan with a term of 72-months, monthly payment would be $81,105.77 with a fixed annual percentage rate (APR) of 5.25%.

9. APY stands for Annual Percentage Yield.

10. Rates are subject to change without notice. Fees could reduce earnings on the account.