SuperMoney 
  Navy Federal Credit Union Auto Loan

Navy Federal Credit Union Auto Loan

in Auto Loans from Navy Federal Credit Union

Unaffiliated

Navy Federal Credit Union Auto Loan

Unaffiliated

in Auto Loans from Navy Federal Credit Union

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend Navy Federal Credit Union Auto Loan to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Loan Amount N/A
APR  (Fixed APR) 2.99% - 19%
Credit Score Range 650 - 850
Loan Term 12 - 96 months

Navy Federal Credit Union Auto Loan Review

Navy Federal Credit Union Auto Loan is an auto purchase finance offering by Navy Federal Credit Union, a credit union based in Vienna, VA. Founded in 1933, Navy Federal Credit Union offers auto loans in 50 states (and Washington, DC).

What APR does Navy Federal Credit Union Auto Loan offer on its auto loans?

Navy Federal Credit Union Auto Loan offers a fixed APR auto loan product that ranges from 2.99% APR up to 19% 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 Navy Federal Credit Union Auto Loan?

Navy Federal Credit Union Auto Loan has auto loans with terms ranging from 12 to 96 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 loan, the more interest you will pay.

Does Navy Federal Credit Union Auto Loan charge an origination fee?

No, Navy Federal Credit Union Auto Loan does not charge a loan origination fee.

A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does Navy Federal Credit Union Auto Loan charge a late fee?

Yes, Navy Federal Credit Union Auto Loan charges borrowers with a late payment penatly fee of up to $29

Does Navy Federal Credit Union Auto Loan charge prepayment fees?

Yes, Navy Federal Credit Union Auto Loan does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my Navy Federal Credit Union Auto Loan loan?

Yes, you can. However, Navy Federal Credit Union charges a prepayment fee if you pay your auto loan early. This fee could reduce or eliminate the savings from paying the auto loan early.

What are the Navy Federal Credit Union Auto Loan auto loan requirements?

Applicants with a credit score of at least 650 can apply for a loan via Navy Federal Credit Union 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 identity
  • Recent pay stubs
  • Proof of income

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

Does Navy Federal Credit Union Auto Loan report loan payments to credit bureaus?

Navy Federal Credit Union Auto Loan may report credit data to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion
NAVY FEDERAL CREDIT UNION AUTO LOAN Disclosure: "Rates are based on an evaluation of credit history, so your rate may differ."
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

No Origination Fee  
Application Fee $0
Late Fee Amount $29
Minimum Age 18
Credit Score Range 650 - 850
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
  • Unemployed
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Joint Loan Applications Accepted
  • Co-borrower
  • Cosigner
Verification Documents Required
  • Proof of Identity
  • Proof of Income
  • Recent Pay Stubs
  • Driver License (or other photo ID)
Loan Term 12 - 96 months
APR (Fixed APR) 2.99% - 19%

Be the first to rate

 
 

Would you recommend Navy Federal Credit Union Auto Loan to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)