Navy Federal | Auto Loan

4.2

Navy Federal offers competitive auto loans and refinancing with high financing limits for military members and families.

Loan Details

Loan Amount Starting at $250
APR From Starting at 3.89%
Min Credit Score Not Specified

Rates by Type

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	New Car	Used Car	Refinancing
APR	From 4.09%	From 4.79%	From 3.89%
Loan Amounts	From $250	From $250	From $250
Loan Terms	12-96 months	12-72 months	12-72 months

Disclaimer: We are an independent information site, not an insurance company. All figures are estimates for comparison only; table data represents full coverage premiums. Please verify final quotes and terms directly with the insurer.

Pros & Cons

Pros

Wide terms from 36 to 96 months.
Low APR starts at 4.09%.
90-day preapproval to shop longer.

Cons

Auto loans are only for eligible Navy Federal members.
Navy Federal does not disclose its maximum rate.
Funding is by check only; no direct deposit available.

Eligibility

Navy Federal does not list any specific credit or income requirements. However, you must become a member, and you may be eligible if you fall into one of the following categories:

Active-duty member of the Army, Marine Corps, Navy, Air Force, Coast Guard, National Guard, or Space Force
Delayed Entry Program participant
DOD Officer Candidate or ROTC member
DOD Reservist
Veteran, retiree, or annuitant
Parent, grandparent, spouse, sibling, child, grandchild, or household member of an eligible person
DOD civilian employee
U.S. government employee assigned to a DOD installation
DOD contractor assigned to a U.S. government installation
DOD civilian retiree or annuitant

Application

Apply Now

You can apply for an auto loan with Navy Federal online, through the Navy Federal app, by phone, or at a branch. In most cases, you should receive a decision within a few minutes after submitting your application.