Auto Loan Benefits

As part of our growing financial family, you’ll discover why GHS is the absolute best place to finance your new or used vehicle – while always receiving the outstanding and knowledgeable service that you deserve. And there’s absolutely no need to be saddled with another lender’s costly payments.

For flexible auto loans in Binghamton or Norwich, look no further than GHS Federal Credit Union.


Comfortable terms to fit your budget. Spread your payments over 84 months. (That’s seven years!)


Select either variable or fixed monthly payments with super-low APR*


No cash down! GHS provides up to 110% financing on new and late-model vehicles**


Refinance your existing auto loan with GHS Federal Credit Union LOW rates

Auto and Truck Rates

Loan TypeTerm (Approximate)Non-Variable APR*
Rate shown as low as with discount up to .50% for Auto Loans**
Rate shown as low as with discount up to .25% for RV Loans***
Auto/Truck 2022 or Newer ModelsTo 48 Months4.25%
60 Months4.75%
72 - 84 Months5.25%
Auto/Truck 2015–2021 ModelsTo 48 Months4.75%
60 Months5.25%
72 - 84 Months6.00%
Recreational Vehicles: New 2020
or Newer
60 Months***6.75%
144 Months***8.75%
Recreational Vehicles: Used 2012–201960 Months***7.25%
144 Months***9.25%

*APR = Annual Percentage Rate. Rates are shown “as low as.” Rates and terms are subject to change. Contact a GHS Federal Credit Union representative by stopping in or call (607)723-7962 or toll free at (800) 732-4447 for the most current rates.

The rate and term may vary depending on each individual’s credit history and underwriting factors. Credit Union Membership required with a $1.00 minimum deposit and $1.00 membership fee.

***On new and late model vehicles, GHS will finance up to 110% of the NADA (National Automotive Dealer Association) retail value plus tax and title.

Apply in 3 Steps


Apply Online
Quick and easy online application


Sign Your Loan
Agree to the loan amount, rates, and terms.


Get a Check
Use your check to buy your new car.

Car Loan Payment Calculator

Use this calculator to calculate your monthly car loan payment estimate based on the price of the car, and see how different loan terms or down payments can impact your monthly payment.



Est. Monthly Payment: 0

Car Loan Calculator Definitions

To make the best use of this car payment tool, you want to have a solid understanding of all relevant terms. Here are the terms you’ll see above in the calculator.

Vehicle Price

This is the total cost of your auto purchase, including the vehicle’s cost, additional options, and destination charges.

Down Payment

This includes the total amount of cash down used in this purchase. The larger your cash down payment, the smaller the loan you will need to finance this purchase. You can also have more flexibility in your vehicle purchase price by putting money down.

Term In Months

This is the number of months you will make payments on your loan until it is paid off in full.

Interest Rate

This is the annual loan interest rate for your auto loan. Your monthly payment will include the interest payments you’re making on your vehicle as well.

Montly Payment

This is the amount you can expect to pay each month of the length of your loan. Your monthly car payment includes your principal balance, interest and other add ons that you’re financing.

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.


“I have been a member for 5 years now. Their online banking and online loans
are easy to use. The branch employees are great.”

Reduce Your Auto Loan Payment

Refinance your auto loan with GHS FCU and save on your rate!

Auto Loan FAQ

How much car can I qualify for?

The amount you qualify for will depend on your income and credit score.

What is the minimum down payment for a car loan?

In some circumstances, you’ll be able to secure an auto loan with no money down. However, the higher your down payment, the more equity you will have in your car from the beginning. It is recommended that you make a down payment on your loan.

What is a reasonable interest rate on a car loan?

You want the lowest interest rate possible on your auto loan. The national average interest rate is 5.27% on a 60-month loan (source), so the better your credit profile, the lower the interest rate you can expect.

How soon will I know if my auto loan application has been approved?

Login to Online Banking to check the status of a loan application. Or, you may call a member service representative at 800-732-4447 if you do not know your application number.

How long is my loan offer good for after I’m approved?

Rates and terms are subject to change. Loans are subject to credit approval.

All rates are determined by creditworthiness and may vary from those shown.

Where can I buy a car with an auto loan from GHS?

We finance both private sales as well as dealership sales. Get pre-approved for your auto loan. Once you’re approved for a loan, make your best deal with the seller!