About Auto Loans by Heritage Credit Union

“Be prepared next time you need to buy or refinance a car.”

— Carly

From articles to calculators, check out everything you need to know about getting a car loan.

Car Loan Purchase

Time to buy a new car? Learn how easy it is…

Refinance a Car Loan

Spend less on your car loan. Get started…

Car Loan Pre-Approvals

Why is it important to get pre-approved before you buy? Learn more…

Rates & Calculators

Take advantage of great rates. Get started…

Check out our most popular car loan articles.

5 Reasons To Get Pre-Approved For A Car Loan
When To Refinance Your Auto Loan
Should You Finance a Car Through a Credit Union or a Dealership?

View more auto loan articles >


Calculate your car payment with our easy loan calculator.

View today's auto loan rates below to help you get started.

New Auto Loan Rates

Heritage Credit Union - Bank in Wisconsin & Illinois Skip to main content

Heritage Credit Union

Important Message Regarding Heritage Debit Cards

Some members are experiencing intermittent issues with debit card transactions. Please know we are doing what we can to resolve this issue as soon as possible.

We can't wait!

Your membership and accounts will transition to Connexus on August 1.

 

Do you have questions about your Connexus account?

View Our Member Resource Guide >

 

Important upcoming dates:

  • All branches and the Call Center will be closed on Saturday, July 30

  • All branches will REOPEN on Monday, August 1 at 12:00 pm

  • The Member Contact Center will open on Monday, August 1 at 7:00 am 

Exciting News — Heritage members approved the merger with Connexus Credit Union effective March 1. Connexus Credit Union will provide increased value for our members, staff, and community. Here are a few resources about the merger...

Merger Information

Keep up-to-date with the latest resources about our merger.

Learn More

Member Resource Guide

Helpful information to guide you through the merger process.

Learn More

Member FAQ

Have questions about the merger? We have answers!

Learn More

Heritage Credit Union is rated 4.8 out of 5.0

10/21/2021

Absolute great customer service. Friendly, helpful, and encouraging for the future.
Heather L.

Used Auto Loan Rates:

Heritage Credit Union - Bank in Wisconsin & Illinois Skip to main content

Heritage Credit Union

Important Message Regarding Heritage Debit Cards

Some members are experiencing intermittent issues with debit card transactions. Please know we are doing what we can to resolve this issue as soon as possible.

We can't wait!

Your membership and accounts will transition to Connexus on August 1.

 

Do you have questions about your Connexus account?

View Our Member Resource Guide >

 

Important upcoming dates:

  • All branches and the Call Center will be closed on Saturday, July 30

  • All branches will REOPEN on Monday, August 1 at 12:00 pm

  • The Member Contact Center will open on Monday, August 1 at 7:00 am 

Exciting News — Heritage members approved the merger with Connexus Credit Union effective March 1. Connexus Credit Union will provide increased value for our members, staff, and community. Here are a few resources about the merger...

Merger Information

Keep up-to-date with the latest resources about our merger.

Learn More

Member Resource Guide

Helpful information to guide you through the merger process.

Learn More

Member FAQ

Have questions about the merger? We have answers!

Learn More

Heritage Credit Union is rated 4.8 out of 5.0

10/21/2021

Absolute great customer service. Friendly, helpful, and encouraging for the future.
Heather L.

Ready for your next car loan? Apply online in as little as 10 minutes.

Get Started


6 Essential Auto Loan Terms You Should Know

1) Interest Rate: An auto loan's interest rate is the amount of money paid each year to borrow from a lender shown as a percentage. Additional fees are not included in the interest rate.

2) APR (Annual Percentage Rate): APR is the amount of money paid each year to borrow from a lender, including fees, shown as a percentage. The APR of a loan is best described as the "all-in" yearly cost you will pay.

3) Principal: the principal of a loan is the amount of money you initially agree to pay back, without the added interest.

4) Loan Term: A loan's term is a broad description that includes various details of the loan. The term typically includes the loan's repayment period, rates, and fees. For example, a new car loan's term may include a 60 month repayment period at an interest rate of 4.00%.

5) Maturity Date: The maturity date of a loan is the date when the principal amount of a loan becomes due. For example, if you took out a $20,000 car loan with a 72-month term, your maturity date would be reached at the end of the 72 month period.

6) Amortization: Amortizing a loan is a technique used to spread out payments over a certain period of time (usually the loan term's repayment period). This is a great way to plan monthly payments and repay your loan in full before its maturity date.

Use our Car Payment Calculator to get an estimated month-by-month payment schedule for your next loan.

 

How Are Car Loan Payments Calculated?
What Is a Good Credit Score?
5 Quick Tips To Improve Your Credit Score
Some content requires Adobe Acrobat Reader to view.