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Please note that Coastal Digital Banking will be unavailable between 1:00 AM and 6:30 AM on Saturday, June 22 while we perform scheduled maintenance.
While the interest rate on your car loan is important, the loan term can have an even bigger impact on monthly payments. For a typical car, pickup truck or SUV, the difference between financing for 24 and 60 months can exceed $500 a month. However, you’ll pay more in interest charges over the years for longer term loans. You can use this calculator to find a comfortable balance between monthly payment amounts and overall financing charges.
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