We offer many loan options with competitive rates and flexible terms.
All rates subject to change without notice.
| Loan Type | Term | Minimum Amount | Maximum Amount | Max Loan to Value Ratio | Annual Percentage Rate (APR) | Payment in Dollars per Thousand |
|---|---|---|---|---|---|---|
Vehicle Loans | ||||||
New Vehicle All closings will be in person at a Cape Cod 5 Banking Center | 72 months for the current model year (i.e. 2024) | 90% | 11.00%***
| 72 monthly payments of $19.03 per $1,000 borrowed at 11.00% APR | ||
Used Vehicle All closings will be in person at a Cape Cod 5 Banking Center | 48 months for 2020 or newer models | 80% | 11.75%*** | 48 monthly payments of $26.21 per $1,000 borrowed at 11.75% APR | ||
*Interest-only payments during draw period.
**Annual Percentage Rate - Wall Street Journal Prime Rate +0.25%. Annual Percentage Rate will never be more than 18.000% or less than 3.00%. This is a variable rate product. Property insurance is required. Additional discounts may be available subject to underwriting guidelines. An annual fee of $50 will be assessed, which is waived for Premier5 relationship customers. An early termination fee of $400 will apply if the line is terminated within the first 24 months. You also must pay certain fees to third parties. These fees generally total between $0 and $2500. If you ask, we will give you an itemization of the fees you will have to pay to third parties.
***Annual Percentage Rate with AutoPay - Your loan payment can be automatically paid from your Cape Cod 5 checking or savings account. Automatic payment on automobile and other loans may qualify you for a discount (between .25% and .50%) on your rate.
