And if you want to refinance a loan, the auto loan refinance calculator can help you determine your potential savings. You can see how different loan amounts affect your monthly payments based on the interest rate that you’re pre-approved to receive. You can also speak to a loan officer after you’ve submitted your application. If you’re trying to decide the total loan amount you can afford or what monthly payments work for you, Bank of America’s auto loan calculator can help. This loan approval includes a 30-day rate lock, so you have plenty of time to shop and find the vehicle that’s right for you. citizens, resident aliens, or non-resident aliens. Loan applicants must be at least 18 years old and U.S. Your desired loan amount and information on the car that you’re buying, if you’ve already found a car.Income information and information about your housing situation. Personal information like your home address, date of birth, citizenship, and Social Security number.If you’re ready to apply for a car loan, you’ll need some standard information about your finances: Bank of America Auto Loan Application Requirements Whether you’re just getting started with the process of buying a vehicle or are looking to shop around for the best loan rates, a Bank of America car loan is worth consideration. The advertised annual percentage rates (APRs) are competitive, too. In addition, the company offers financing for new and used vehicles, refinancing services, and lease buyout loan options. There are a few major advantages to a Bank of America loan, including the ability to repay the loan early without facing any penalties. Want to make sure you get the best auto loan?Ĭompare Bank of America with Other Lenders Bank of America Auto Loans Review
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