Auto Loans — Rates & Calculator 2026
New & used rates from 30 lenders · FRED 60-mo 7.14% — price minus down = amount financed.
Auto Loan Payment
Vehicle price minus down = financed. Bank or manual rate.
Federal Reserve · quarterly updates
| Lender | New from | Used from | Your payment (60 mo) |
|---|---|---|---|
| Navy Federal CU ★ Best | 3.89% | 4.79% | — |
| Navy Federal CU 2 ★ Best | 3.89% | 4.79% | — |
| Consumers CU ★ Best | 3.99% | 4.49% | — |
| PenFed CU | 4.19% | 4.79% | — |
| PenFed CU 2 | 4.19% | 4.79% | — |
| Alliant CU | 4.49% | 4.99% | — |
| First Tech CU | 4.49% | 4.99% | — |
| LightStream | 4.99% | 5.49% | — |
| Truist | 5.15% | 5.99% | — |
| Wells Fargo | 5.33% | 5.99% | — |
| Huntington | 5.37% | 5.99% | — |
| Ally Bank | 5.49% | 6.49% | — |
| Capital One | 5.59% | 6.50% | — |
| Bank of America | 5.64% | 5.89% | — |
| PNC Bank | 5.69% | 6.09% | — |
| U.S. Bank | 5.74% | 6.24% | — |
| Chase | 5.94% | 5.99% | — |
| TD Bank | 5.99% | 6.49% | — |
| Fifth Third | 5.99% | 6.49% | — |
| Regions Bank | 5.99% | 6.49% | — |
| Citizens Bank | 5.99% | 6.49% | — |
| BMO Harris | 5.99% | 6.49% | — |
| SoFi | 5.99% | 6.49% | — |
| M&T Bank | 6.24% | 6.74% | — |
| Citibank | 6.49% | 6.99% | — |
| KeyBank | 6.49% | 6.99% | — |
| CarMax Auto Finance | 6.49% | 7.99% | — |
| Upgrade Auto | 6.49% | 7.49% | — |
| Carvana | 6.99% | 7.49% | — |
| Discover Auto | 6.99% | 7.49% | — |
What auto rates look like in 2026
New-car averages are 7.47% (48-mo), 7.14% (60-mo) and 6.97% (72-mo) nationally (FRED, 2026-05-01). Credit unions lead the “from” table — Navy Federal CU at 3.89% new / 4.79% used — while other banks vary above. All rates are updated automatically from official sources and leading lenders.
Choosing the term
72 months feels cheapest monthly but adds interest over 60 months on $30k financed at 7.14% and keeps you underwater longer. 48 months saves the most interest but raises the payment. Toggle 36/48/60/72 above and watch Financed and Total interest move — the triple-line chart shows how the three terms have tracked.
New vs used and how to use the table
- Your payment auto-recalculates for your price-down and term — sort visually for the cheapest.
- Used spread is shown in the table — compare new vs used for the same lender.
- Add tax, title, fees to price if they’re financed — they raise amount financed.
- Check prepayment: most auto loans allow extra principal without penalty.
Sources: the Federal Reserve auto series and 30-bank file (2026-09-10). Not financial advice. Disclaimer
Frequently asked questions
What data does this page show?
New 7.47% 48-mo, 7.14% 60-mo, 6.97% 72-mo (FRED) vs 3.89% best new from 30 lenders. Price minus down calculator and triple trend. Updated 2026.
How current are the figures?
All figures reflect 2026 and update automatically from official sources.
Where do the numbers come from?
All figures are compiled from official U.S. government public data and refreshed automatically. LifeIndexData is 100% free to use and fully independent: we are not affiliated with, sponsored by, or compensated by any bank, lender or financial institution, and advertising never influences our data or rankings.
How do I cite this page?
LifeIndexData. "Auto Loans From 3.89% New — FRED 7.14% 60-Mo, Compare 48/60/72-Mo (2026)" (2026). https://lifeindexdata.com/usa/tools/loans/auto/
Is this financial advice?
No. All data is informational only — see our Disclaimer before making decisions.