Houston Banking Rates

Houston, TX Car Loan Rates: February 28, 2011

If you want to buy a new car but are worried paying interest on a loan will be too much to handle, know that finding a lender offering low auto loan rates will help make a big purchase like a new vehicle much more affordable.

Don’t worry if you’re unsure about how to locate the best rates in your neighborhood. Houston Banking Rates compiles interest rates from thousands of banks, credit unions and other lenders, finding you the best deals so you don’t have to do it yourself.

The following is a list of your auto loan options today from a variety of lenders with a loan amount of $20,000:

New Car Loan Rates – 3 Year Term

Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $581.54
USAA FSB: 2.99% APR with an estimated monthly payment of $581.54
Bank of America: 3.490% APR with an estimated monthly payment of $585.95

New Auto Loan Rates – 4 Year Term

Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $442.60
Bank of America: 3.490% APR with an estimated monthly payment of $447.03
Up2drive – a division of BMW Bank: 3.790% APR with an estimated monthly payment of $449.70

New Auto Loan Rates – 5 Year Term

Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $359.28
Bank of America: 3.490% APR with an estimated monthly payment of $363.75
Up2drive – a division of BMW Bank: 3.790% APR with an estimated monthly payment of $366.44

Used Auto Loan Rates – 3 Year Term

Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $442.60
USAA FSB: 4.040% APR with an estimated monthly payment of $451.94
Up2drive – a division of BMW Bank: 4.090% APR with an estimated monthly payment of $452.39

The above rates are accurate as of the publish date, based on the stated loan amounts, but are subject to change at any time.Please contact the lender directly regarding eligibility for advertised rates, changes to loan terms and conditions and any additional fees.