First Internet Bank Auto Loan Review

First Internet Bank Auto Loan is an auto purchase finance offering by First Internet Bank, a bank based in Indianapolis, IN. Founded in 1999, First Internet Bank offers auto loans in 50 states across the USA.

How much can you borrow via First Internet Bank Auto Loan?

First Internet Bank Auto Loan auto loan amounts start at $5,000.

What APR does First Internet Bank Auto Loan offer on its auto loans?

First Internet Bank Auto Loan offers an auto loan product that ranges from 3.25% APR.

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

What is the maximum loan term you can get with First Internet Bank Auto Loan?

First Internet Bank Auto Loan has auto loans with a maximum term of 66 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto loan, the more interest you will pay.

Does First Internet Bank Auto Loan charge an origination fee?

Yes, First Internet Bank Auto Loan may charge a loan origination fee.

Does First Internet Bank Auto Loan charge a late fee?

Yes, First Internet Bank Auto Loan charges borrowers with a late payment penatly fee

Does First Internet Bank Auto Loan charge prepayment fees?

No, First Internet Bank Auto Loan will not charge you a fee for paying your loan early. Whenever possible choose lenders like First Internet Bank Auto Loan that don't charge a prepayment fee. These fees can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my First Internet Bank Auto Loan loan?

Yes, you can. First Internet Bank Auto Loan does not charge a prepayment fee, so you can save money by paying your auto loan early.

What are the First Internet Bank Auto Loan auto loan requirements?

Applicants with a credit score of at least 650 can apply for a loan via First Internet Bank Auto Loan. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.

To qualify, applicants may need to provide the following documentation:

• Driver's license
• Proof of citizenship or residence permit
• Recent pay stubs

What is the estimated funding time for an auto loan via First Internet Bank Auto Loan? First Internet Bank Auto Loan will typically approve (or deny) an auto loan application within 48 hours and fund the loan within 7 business days of approval.