Home Federal Bank

Used Car and Truck Loans

If you're in the market for a used vehicle up to ten years old, HomeFed can help with a car or truck loan designed to fit your unique situation.

We also offer financing for new cars (current model year plus previous year), as well as recreational vehicle loans, motorcycle, snowmobile, all-terrain vehicle (ATV), boat, trailer or personal watercraft.

Amount
$2,500 minimum loan amount
Term
36 to 72 months (varies by model year)
Max Loan To Value
90% to 100% (varies by model year and term)
Loan Fee
$100
Payments
Fixed monthly payments
Prepayment Penalty
None
Disclosures
See disclosures tab for full details.
Vehicle Age Term Minimum Loan Maximum Loan to Value As Low As Rate APR Monthly Payment
2-3 model years old 36 mo $2,500 90%
100%
4.39%
4.64%
5.365%
5.617%
$296.99
$298.10
48 mo $2,500 90%
100%
4.49%
4.74%
5.232%
5.484%
$228.00
$229.12
60 mo $2,500 90%
100%
4.64%
4.89%
5.241%
5.493%
$187.07
$188.21
72 mo $2,500 90%
100%
4.79%
5.04%
5.297%
5.549%
$160.08
$161.24
4-5 model years old 36 mo $2,500 90% 4.59% 5.566% $297.88
48 mo $2,500 90% 4.69% 5.433% $228.90
60 mo $2,500 90% 4.84% 5.442% $187.99
6-10 model years old 36 mo $2,500 90% 4.74% 5.717% $298.55
48 mo $2,500 90% 4.84% 5.770% $229.76

Annual Percentage Rate (APR) and Monthly Payment for each Term are based on a $10,000 loan amount including a $100 loan fee and $45 document preparation fee. APR and Monthly Payment are for illustrative purposes only; the actual APR and Monthly Payment will vary depending on the amount borrowed and number of payments. Additional fees may apply. Subject to credit approval.

View Disclosure

Effective date: 4/17/2014

APR effective as of date shown above.

As Low As Rate Explanation
The "As Low As" rate shown reflects a Relationship Pricing Reduction of 0.25%. Relationship pricing may be earned by maintaining an automatic loan payment from a Home Federal Bank checking account for the loan term. All loans are subject to rate increases due to factors such as complexity, risk or other considerations. Relationship Pricing Reduction may never reduce the rate below the loan program rate floor, if applicable.

In the market for a new set of wheels?

A used car or truck loan at HomeFed is a great way to make your vehicle purchase an affordable reality.

  • Financing options up to 72 months are available, making your monthly payment more affordable
  • Fixed monthly payments make budgeting easier
  • Rate is reduced when you bank with HomeFed

Other Benefits and Features

  • Fixed interest rate does not change from month to month
  • Online access to your loan account via eBanking

Subject to credit approval

Loan to Value (LTV) is based on the lesser of NADA Trade-in Value or the purchase price and varies by model year, rate and term desired.

$2,500 minimum loan amount; $100 minimum monthly payment.

Financing terms available will vary by age of vehicle. Longer-term financing may not be available for vehicles more than four years old.