Locations
Branch Locations
We have a convenient branch near you!
Learn more
Phone
Mobile Banking
Download our mobile app today!
Learn more

Auto Loans

Auto

Are you looking to upgrade to a new vehicle or refinance your car loan?

If you answered yes to that question – Harford Bank has the auto loan package for you. We offer low rates that make that car more affordable than you ever thought possible.

Product Features
  • Affordable fixed interest rates, terms and payments
  • Purchase a new or used vehicle
  • Refinance your current vehicle loan to a lower rate to save money
  • Variety of loan terms with competitive pricing are available
  • Quick loan closings

All rates are expressed as an Annual Percentage Rate (APR)

Auto Loan Rates

New Car Rates

Terms Automatic Payment
Interest Rate*
Standard Interest Rate
36 months 2.54% 2.79%
48 months 2.84% 3.09%
   60 months  3.14% 3.39%
   72 months 3.84% 4.09%

Used Car Rates

Terms Automatic Payment 
Interest Rate*
Standard Interest Rate
36 months 2.69% 2.94%
48 months 2.89% 3.14%
  60 months  3.54% 3.79% 

* Automatic Payments: To qualify for the Automatic Payment Interest Rate, you must have the monthly payments automatically transferred from a deposit account that you maintain with Harford Bank.
For new car loans, the Annual Percentage Rate (APR) is computed based on a $20,000 loan made for the maximum term available. For used car loans, the APR is computed based on a $10,000 loans made for the maximum term available. The APR will be different for a different loan amount and/or loan term.
Automatic Payment Interest Rate payment examples
Based on a new car loan amount of $20,000 and a term of 36 months, the monthly loan payment is $577.59; a $20,000 loan for 48 months would have monthly payment of $441.32; a $20,000 loan for 60 months would have monthly payment of $360.66; and a $20,000 loan for 72 months would have monthly payment of $311.50.
Based on a used car loan amount of $10,000 and a term of 36 months, the monthly loan payment is $289.47; a $10,000 loan for 48 months would have a monthly payment of $220.88; and a $10,000 loan for 60 months would have a monthly payment of $182.12.
Standard Interest Rate payment examples
Based on a new car loan amount of $20,000 and a term of 36 months, the monthly loan payment is $579.79; a $20,000 loan for 48 months would have monthly payment of $443.53; a $20,000 loan for 60 months would have monthly payment of $362.90; and a $20,000 loan for 72 months would have monthly payment of $313.78.
Based on a used car loan amount of $10,000 and a term of 36 months, the monthly loan payment is $290.58; a $10,000 loan for 48 months would have a monthly payment of $221.99; and a $10,000 loan for 60 months would have a monthly payment of $183.25.
The maximum loan amount is 95% of the value of the new auto and 90% of the value of a used auto.  All vehicles older than 8 years old add .25% to the above posted rates.
Above rates and terms apply to auto loans made to consumers. For information about loans made to commercial entities, please call 410-942-4000.
Other terms and conditions may apply.

Visit any branch or call 410-942-4000

Explore these other Loans

Motorcycle Loans | RV Loans

Top