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Auto Loans

You can trust First Northern Credit Union for an auto loan that’s just right for you. No gimmicks. No hassle. Just great rates and spectacular service, so you’ll drive away happy! In addition to new and used conventional auto loans, we offer a unique loan hybrid product and can even refinance your auto loan from another lender so you’ll pay less!

Whether you want a hot, new car or a pre-owned vehicle that’s new-to-you, we can put you in the driver's seat, no matter if you’re buying from a dealership or a private party, or even a lease buyout. 

  • Up to 100% financing
  • Competitive low rates 
  • Flexible terms up to 84 months 
  • Finance used vehicles seven model years or newer
  • No application fees 
  • And, receive a 0.25% APR* discount off of our published, non-promotional Auto Loan rate with a Money Market Yield account, direct deposit of any amount into an Advantage Checking account, or direct deposit of $500+/month into a Preferred Checking account. 
  • Optional Debt Protection, GAP, Extended Warranty, and Mechanical Repair Coverage available

Paying too much? Refinance your auto loan from another lender with us and we may be able to lower your rate!

Ready to head out to the dealership? We'll get you preapproved, so you know exactly how much you can spend, and can drive the car off the lot same day!

Or, save time! Use our comprehensive local auto buying service, and test drive without leaving your couch—even get the best price without pressure or hassle! 

Apply FOR A NEW AUTO  Apply for a Used Auto   Estimate Your Payments

New and Used Auto Loan Rates

How would you like the low monthly payments of a lease, without all the  heavy restrictions and hidden costs of leasing? Sounds impossible? It’s not. First Northern’s Driving Sense™ loan offers just that! 

Monthly payments up to 40% less than conventional financing

Like a lease, Driving Sense offers payments that are considerably  lower than conventional financing. But unlike a lease, with Driving Sense you own the vehicle and have all of the flexibility and benefits of vehicle  ownership! Other benefits of Driving Sense include: 

  • Available on vehicle purchase, or refinance your existing vehicle
  • New and pre-owned vehicles up to five years old qualify 
  • Flexible loan terms of up to 72 months  
  • A one-time program fee of $825 applies which can be paid upfront or financed into the loan1
  • Annual mileage options of 7,500, 10,000, 12,000, 15,000 & 18,000 available 
  • No security deposit or acquisition fees 
  • No early payoff penalty 
  • Since the title is in YOUR name you have more options prior to loan maturity and at loan maturity, including the ability to turn your vehicle in and walk away at the end of the loan term. 
  • Refinance your current vehicle loan to reduce your monthly payments with Driving Sense
  • Enables you to easily upgrade and/or change your vehicle every couple of years! 
  • GAP coverage is included at no additional cost to you ($579 value)
  • Optional Extended Warranty and Mechanical Repair Coverage available

See for yourself how low your monthly auto loan payment can be!

Apply FOR A NEW AUTO Apply for a Used Auto Learn More Get a Custom Quote 

A "High Priced Vehicle Surcharge” may apply based on MSRP, and the surcharge amount varies depending on term

Driving Sense: Loan/Lease Hybrid Rates

By refinancing your auto or motorcycle loan through First Northern, you could get a better rate, lower monthly payments, or both. If your current auto loan needs a refresh, we can lead the way to one that better suits your financial goals. 

  • Refinance up to 100% of the value of your vehicle
  • Flexible terms up to 84 months
  • Refinance your new vehicle or a used vehicle up to seven model years old
  • Avoid application fees — we’ve got them covered!
  • And, receive a 0.25% APR* discount off of our published, non-promotional Auto Loan rate with a Money Market Yield account, direct deposit of any amount into an Advantage Checking account, or direct deposit of $500+/month into a Preferred Checking account. 
  • Optional Debt Protection, GAP, Extended Warranty, and Mechanical Repair Coverage available

  Apply Now  Estimate Your Payments

Auto Loan Refinancing Rates
New Auto Loans
Term APR*
Up to 29 months As low as 4.09%
30 - 41 months As low as 4.29%
42 - 53 months As low as 4.59%
54 - 65 months As low as 4.79%
66 - 72 months As low as 5.29%
73 - 84 months As low as 5.79%

Apply Now   Learn More

Used Auto Loans (7 model years or newer)
Term APR*
Up to 62 months As low as 4.79%
63 - 66 months As low as 5.09%
67 - 72 months As low as 5.29%
73 - 84 months As low as 5.79%

Apply Now   Learn More

*APR=Annual Percentage Rate. Subject to credit approval. Rates are subject to Lender’s credit criteria, certain conditions, and restrictions. Your rate and corresponding APR may be higher than the published rate. Rates are subject to change at any time without notice. Your rate will be determined at the time of your application. Repayment Example: A loan of $30,000 at 4.79% APR for 60 months is a monthly payment of $563.26 and total interest of $3,795.31. Late payment fees and processing fees may apply. 

New Driving Sense Loans (Purchase or Refinance)
Term APR*
Up to 29 months As low as 4.09%
30 - 41 months As low as 4.29%
42 - 53 months As low as 4.59%
54 - 65 months As low as 4.79%
66 - 72 months As low as 5.29%

ApplY FOR A NEW AUTO Get a Custom Quote Learn More 

Used Driving Sense Loans (Purchase or Refinance)
(5 model years or newer)
Term APR*
Up to 62 months As low as 4.79%
63 - 66 months As low as 5.09%
67 - 72 months As low as 5.29%

Apply for a used autO Get a Custom Quote Learn More 

*APR=Annual Percentage Rate. Repayment example: Driving Sense loan amount of $40,000, 4.79% APR, term of 60 months, and a $825 one-time program fee financed into the loan to secure a Guaranteed Future Value of $18,500: Payments 1-59 are $419.16 with a 60th/final payment due for the residual value amount of $18,500 (Guaranteed Future Value) and total interest paid of $3,649.35. You have four options to satisfy the final payment, as noted above. If you elect to return the vehicle you will have the following obligations: 1. All original equipment that came with the vehicle when you purchased it must still be with the vehicle. 2. If you exceed your mileage allowance, the excess mileage fee is $.10 per mile, and 3. The condition of the vehicle when returned must comply with the Loan Addendum provided to you at the time of loan disbursement. If you return the vehicle in accordance with the Loan Addendum, you will be charged a low $195 disposition fee and the residual amount is considered to have been fully satisfied and the loan is closed. 

Auto Loan Refinancing Special Offer
Term APR*
Up to 66 months As low as 4.29%

Apply Now  Learn More

*APR=Annual Percentage Rate. Limited time offer valid for refinancing an auto loan from another lender only. Existing First Northern vehicle loans do not qualify for this offer nor do Driving Sense loans, LendPro loans, First-time Car Buyer Program, Credit Rebuilder vehicle loan, Miscellaneous Collateral, and RateGenius loans. Not valid with any other offers or discounts. Subject to credit approval. Rates are subject to Lender’s credit criteria, certain conditions, and restrictions and are subject to change at any time without notice. Rate quoted is the lowest rate for highly qualified applicants refinancing with terms up to 66 months. Your rate will be determined at the time of your application and may be higher. Repayment Example: A loan of $20,000 at 4.29% APR for 66 months is a monthly payment of $340.72 and total interest of $2,487.77.  **For no payments for 90 days, interest accrues from the date of loan disbursal. Title correction fee and other processing fees may apply.