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Loan Rates

Loan Rates*
(Effective: Thursday, September 09, 2010)
Program
 Downpayment
Term
APR
Monthly Payments
per $1000 borrowed
New Cars
 10%
 5 years
4.990%
$18.87
Used Cars
 20%
 5 years
4.990%
$18.87
*Annual Percentage Rate (APR) is subject to change and requires automatic payment from a Melrose Cooperative Bank checking account. Other rates available without automatic payment from Melrose Cooperative Bank Checking Account. Maximum loan amount based on lower of purchase price or NADA retail value. Used Auto loans at these rates limited to model years 2008 and 2009; contact us for rates on slightly older model used vehicles. Other restrictions may apply.



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