Auto Loans:
New Auto Loan Available Terms: 36 to 72 months
State effective: Maryland
The following additional disclosures apply:
Credit subject to approval. Assumes auto is new or less than one year old. Interest rates assume excellent borrower credit history. Rates and terms are subject to change at bank's discretion without notice. Borrower is responsible for paying MVA lien recordation fee of $20. Example: A 5-year fixed-rate loan for a $30,000 new car, with 10% down, requires a $3,000 down payment or trade for a $27,000 loan. Based on a simple interest rate of 6.25%, this loan would have 60 monthly payments of $525.01 each and an annual percentage rate (APR) of 6.25%. This example does not assume automatic deduction of the loan payment from a Regal Bank & Trust checking or savings account. The rate and APR decrease by 0.25% if automatic payment method is chosen, monthly payment would decrease to $521.87. However if the automatic payment is discontinued by borrower or account is closed for any reason the interest rate will increase by 0.25 and the payment will be increased so that the account will amortize over the remaining term correctly.
