Membership in Northrop Grumman Federal Credit Union means co-ownership in one of the strongest credit unions in the country.
NGFCU new and used auto loans feature a fixed interest rate and simple interest calculation with:
- no prepayment penalty
- no application fee
- no documentation fee
When you chooose to make your payments through automatic transfer, your rate is discounted 1/4%.
New vehicle loans are offered with financing of up to 100% of the purchase price, including Mechanical Breakdown Protection (MBP), tax and license for a term of up to seven years depending on the amount financed.
Used vehicles are financed for 100% of the purchase price, plus tax and license not to exceed Blue Book value; and repayment terms available up to six years depending on the amount financed.
Members can also save on a vehicle financed elsewhere by refinancing at the Credit Union. We offer the same low rates for a refinance as for purchasing a used vehicle. As with a purchase, your refinance will be based on the Blue Book value of your car with flexible terms of up to six years depending on the amount financed.
For additional rates and terms, click here.