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First Bank automobile loans are secured by the title to the vehicle and we require full coverage insurance with our bank named as loss payee.
Down Payment
First Bank will generally finance 90% of the manufacturers suggested retail price for new vehicles or 90% of NADA value for used vehicles.
Loan Terms
The term of our automobile loans is determined by the the age of the automobile and the mileage on it. The following table can be used as a general guide to the terms of our normal auto financing:
|
Model Year |
Maximum Term |
|
2003-2006 |
60 months |
|
2002 |
54 months |
|
2001 |
42 months |
|
1999-2000 |
36 months |
Interest Rate
First Bank utilizes a pricing matrix to determine the interest rate on loans. This matrix takes into account your payment history with our bank, your credit bureau report, payment to income ratios, and loan to collateral values. The less risk in the loan the lower the interest rate. For a quote on the interest rate you would receive on a First Bank auto loan, please complete and submit the Loan Application. Upon completing our credit approval process, we will quote you an interest rate and terms on your loan.
 NADA Auto Pricing Guide - This linked site has its own security and privacy policy, and the linked site may provide less security than First Bank's website.
 Loan Calculator - This calculator can be used for general loans. For example, you could use this calculator to estimate a monthly car payment.
Please Note - The calculated amount is an approximate value and may differ from the bank's final calculation.
To speak with an Auto Loans representative,
contact a consumer lender at any of our locations, call (800) 538-3979, or
 customer-service@surffirst.com. | 
