Credit and collateral are subject to approval.
Vehicle financing provided by Bank of America. There will be three main stages to the process. The auto financing process begins with being informed about the whole experience, and we're here to make it as stress-free as possible, to help you get the auto financing you're looking for. There are many factors that can impact how much your monthly payment will be. You probably spend plenty of time researching what vehicle you really want, using our Online Auto Shopping tool, or other resources.īut researching your auto financing is just as important. Whether it's a high-powered sports car for your fast-paced personality, or the family-friendly electric vehicle you need for your growing family, Bank of America® can help you feel more in control on the road to buying and financing your next vehicle. View our Bank of America auto loan eligibility requirements for more information.īuying the vehicle that complements your lifestyle is important. No loan documentation fee, but title and state fees may apply.Įxample: A 5-year, fixed-rate new car loan for $37,000 would have 60 monthly payments of $ 358 each, at an annual percentage rate (APR) of %.Įxample: A 5-year, fixed-rate used car loan for $25,000 would have 60 monthly payments of $ 358 each, at an annual percentage rate (APR) of %.Įxample: A 5-year, fixed-rate refinance loan for $23,000 would have 60 monthly payments of $ 358 each, at an annual percentage rate (APR) of %.Įxample: A 5-year, fixed-rate lease buy-out loan for $21,000 would have 60 monthly payments of $ 358 each, at an annual percentage rate (APR) of %.Įxample: A 5-year, fixed-rate private party loan for $20,000 would have 60 monthly payments of $ 358 each, at an annual percentage rate (APR) of %. These discounts will be reflected in your individual APR quote if you are approved for a loan. Your actual APR may differ based on your credit history, approved loan amount, term, state of residence and applicable discounts, such as Preferred Rewards. Change your stateĪdvertised as low as APRs (Annual Percentage Rate) assume excellent borrower credit history. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Bank of America Online Privacy Notice and our Online Privacy FAQs.Results shown are for. These ads are based on your specific account relationships with us. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements.Īlso, if you opt out of online behavioral advertising, you may still see ads when you log in to your account, for example through Online Banking or MyMerrill. If you opt out, though, you may still receive generic advertising. If you prefer that we do not use this information, you may opt out of online behavioral advertising.
NEW CAR LOAN CALCULATOR OFFLINE
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The final APR may differ from the APR in the above results due to additional fees that may be applicable. Please consult with qualified professionals to discuss your situation. The terms and conditions of products offered by institutions will differ and may affect the results of the calculator. This calculator is not intended to offer any tax, legal, financial or investment advice and does not assure the availability of or your eligibility for any specific product offered by Bank of America, its affiliates or any other institution, nor does this calculator predict or guarantee the actual results of any investment product. Bank of America and its affiliates are not tax or legal advisers. The results provided by this calculator are also intended for illustrative purposes only and accuracy is not guaranteed. You should enter figures that are appropriate to your individual situation. The figures entered on the input page of this calculator are for hypothetical purposes only.
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