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Northrop Grumman Federal Credit Union new and used auto loans feature simple interest calculation with no prepayment penalty, no application fee, and no documentation fee. Choose from a
variable or a fixed interest rate, and the convenience of payroll deduction, automatic transfer or monthly billing.
New vehicle loans are offered with financing of up to 100% of the purchase price, including
Mechanical Breakdown Insurance (MBI), tax and license for a term of up to six years depending on the amount financed.
Used vehicles may be financed for 100% of the purchase price, plus tax and license not to exceed
Blue Book value; repayment terms available up to six years, depending on the amount financed.
Members can also save on a vehicle financed elsewhere by refinancing at the Credit Union. We offer the same low rates for a refinance as for purchasing a new or used auto. As with a purchase, your refinance will be based on the Blue Book value of your car with flexible terms of up to six years depending on the amount financed. |