New Auto Loans

 
Loan Type Interest Rate
Loan Linked*
Interest Rate
With Coupons
Vehicle Yearear Maximum Amt.
3 Year
6.750% 7.000% 2011 $40,000
4 Year
7.000% 7.250% 2011 $40,000
5 Year
7.250% 7.500% 2011 $40,000
New Auto Loan Notations
* Loan Linked rates are based upon having monthly loan payments deducted from an NVE Bank checking account which maintains an average monthly collected balance of $1,000.00. Customers requesting loan coupons pay an interest rate of .25% higher.

90% maximum loan to value for new automobile loans.

Recording Fees: $85.00
 
 
 

Used Auto Loans

 
Loan Type Interest Rate
Loan Linked*
Interest Rate
With Coupons
Vehicle Yearear Maximum Amt.
3 Year
7.000% 7.250% 2009-2010 $20,000
3 Year
7.250% 7.500% 2007-2008 $20,000
Used Auto Loan Notations
* Loan Linked rates are based upon having monthly loan payments deducted from an NVE Bank checking account which maintains an average monthly collected balance of $1,000.00. Customers requesting loan coupons pay an interest rate of .25% higher.

80% maximum loan to value for used automobile loans.

Recording Fees: $85.00

Loan rates are effective as of 04/13/2011 and are subject to change without notice.