Refinance Your Auto Loan with BMI FCU
Auto Refinance Special!
Bring your auto loan from another financial institution to BMI FCU and earn a $400 cash bonus!* Compare our rates to the national average rate** of 9.95% APR; you'll see, now is the perfect time to refinance!
Auto Refinance Special
| Product |
Rate |
APR1 as low as |
| 24 Month Auto2 |
5.540% |
5.540% |
| 36 Month Auto3 |
5.640% |
5.640% |
| 48 Month Auto4 |
5.740% |
5.740% |
| 60 Month Auto5 |
5.840% |
5.840% |
| 72 Month Auto6 |
5.940% |
5.940% |
| 84 Month Auto7 |
6.540% |
6.540% |
Auto Loan rates effective 12:00 am on Monday, December 2, 2024
1 APR = Annual Percentage Rate. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.
2 $20,000 vehicle loan with no down payment will have payments of $886.25 for 24 months.
3 $20,000 vehicle loan with no down payment will have payments of $607.96 for 36 months.
4 $20,000 vehicle loan with no down payment will have payments of $469.52 for 48 months.
5 $20,000 vehicle loan with no down payment will have payments of $387.02 for 60 months.
6 $20,000 vehicle loan with no down payment will have payments of $332.52 for 72 months.
7 $30,000 vehicle loan with no down payment will have payments of $448.48 for 84 months.
Loyalty Rewards
Reduce your rate even more with our Loyalty Rewards program, uniquely tailored to you.
Loan Payments Made Easy
Find the most convenient way for you to make a loan payment with BMI Federal Credit Union.
*Enter promo code REFI25 when applying online or mention when applying in person. Cash bonus of $400 will be given for the refinance of each titled vehicle loan from another financial institution. Cash bonus will be deposited into member's account within 10 business days after the loan is funded and all qualifications have been met. Minimum loan amount of $7,500, automatic loan payment setup, and electronic statements are required. Cash bonus may be considered income and reported on 1099-MISC or 1099-INT. Existing BMI FCU loans are not eligible for this offer. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions. All loans subject to approval. Membership eligibility and account requirements apply. BMI FCU is open to everyone who lives, works, worships or attends school in Franklin, Licking, Fairfield, Pickaway, Madison, Union, Delaware, or Morrow County. Federally Insured by the NCUA. BMI FCU may amend, suspend, or discontinue this offer at any time without notice. Offer ends July 31, 2025.
**National average interest rate for used car loans is based on an average credit score range of 661-780 source: bankrate.com
https://www.bankrate.com/loans/auto-loans/average-car-loan-interest-rates-by-credit-score/#score