Auto & Personal Loans

Current rates effective 04/23/25 are subject to change without notice.

All loans subject to credit approval.

Automobile Loans

To apply, or for more information, call 1-888-990-2265.

Automobile LoansTermMax Loan AmountAPR*

New


12 to 24 months$75,0009.200%
25 to 36 months$75,0009.100%
37 to 60 months$75,0009.000%

Used


12 to 24 months$75,00010.200%
25 to 36 months$75,00010.100%
37 to 60 months$75,00010.000%

*APR (Annual Percentage Rate) subject to change without notice. Down Payments New: 20% of purchase price including sales tax.
New= 2025 & 2024 with less than 100 miles from licensed auto dealer receives new car rate, never been titled,
and previous model year only.
Down Payments Used: 25% of purchase price including sales tax. Amount financed cannot exceed NADA retail value.
Used=2024, 2023, 2022 only. Demo models will be considered as used auto. Amount financed can not exceed NADA retail.
Maximum loan amount: $75,000 New or Used.
Equal Opportunity Lender. Loans subject to credit approval.

Personal Unsecured Loans

To apply, or for more information, call 1-888-990-2265.

TermAPR*Minimum Loan AmountMaximum Loan Amount

12 – 48 months


17.50% (Prime Rate as published in the Wall Street Journal, currently 7.50%, + 10%.$1,500$5,000

*APR (Annual Percentage Rate) subject to change without notice. Requires that applicant be a customer for at least 12 months.
Automatic payment from a Magyar checking or statement savings account and receive a .50% rate discount.
Equal Opportunity Lender. Loans subject to credit approval.

Visit any Magyar Bank location, call 1-888-990-BANK or complete our contact form for more information and to open your account.