Brian McKay
Current auto loan rates in Fort Madison, Iowa include Dubuque Postal Employees Credit UnionDubuque Postal Employees Credit UnionA+5.0 ★Texas Ratio: 0.00% offering New vehicles at 3.50%, Aim Credit UnionAim Credit UnionA+5.0 ★Texas Ratio: 3.24% offering New Titled and Untitled Vehicles 2026-2023 Loan at 3.74%, Community Choice Credit Union Johnston, IACommunity Choice Credit Union Johnston, IAA+5.0 ★Texas Ratio: 2.92% offering 2025 & Newer Auto Loan at 3.92%, Capitol View Credit UnionCapitol View Credit UnionA+5.0 ★Texas Ratio: 0.20% offering Auto Loan at 3.99%, Cent Credit UnionCent Credit UnionA+5.0 ★Texas Ratio: 1.71% offering New Vehicle 2025 - Newer Loan at 3.99%. Auto loan rates as of September 16, 2026 according to verified data from MonitorBankRates.
Fort Madison borrowers have access to 38 lenders serving the Iowa area, with auto loan rates as low as 3.50% APR from Dubuque Postal Employees Credit Union. Use the tabs below to compare new and used auto loan rates. Rates are continually updated, so we recommend checking back frequently.
Auto loan rates reflect recent market quotes and representative offers available to borrowers in Fort Madison, Iowa. Auto Loan Rates Last Updated and Verified: September 16, 2026
Summer Loan Special. Rates subject to rate-based credit score. Model years 2025 and 2026.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
Qualifications Required: Direct deposit of at least $1,000/mo. and setup automatic payments for their loan; Rates may vary based on creditworthiness and other factors. Rates subject to change without notice. Not all borrowers will qualify. 3.99% rate is a loyalty rate, which is reserved for members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan. Cannot be combined with other rate discounts.
Qualifications Required: Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan; Loyalty Rate; Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan qualify for a 0.25% rate discount on that loan. This discount cannot be combined with other rate discounts.
As Low As
Loan must be secured by a 2022 or newer Auto and under 50,000 miles. To qualify for this rate, you must have an automatic payment from a checking account and $5,000 New Money.
As Low as:
Model Year: 2025 & Newer
As Low As
As Low as:
Loyalty Rate: 3.99%
Qualifications Required: Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan; Loyalty Rate; Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan qualify for a 0.25% rate discount on that loan. This discount cannot be combined with other rate discounts.
As Low As; MINIMUM LOAN AMOUNT $25,000.00
As Low As; Rates apply to 2024-2027 vehicles.
Loan must be secured by a 2022 or newer Auto and under 100,000 miles. To qualify for this rate, you must have an automatic payment from a checking account, $5,000 New Money, and Auto under 100,000 miles.
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
As Low as:
As Low as:
As low as; 2018 and Older
As low as; 2019 and Newer
As Low As
As Low As
Model Year: 2025 & Newer
As Low As
Model Year: 2024
As Low As
As Low As; Loyalty APR; Vehicle Year: New 2026 & New/Used 2025
Rates may vary based on creditworthiness and other factors. Rates subject to change without notice. Not all borrowers will qualify. Cannot be combined with other rate discounts.
Loyalty Rate: 4.24%
Qualifications Required: Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan; Loyalty Rate; Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan qualify for a 0.25% rate discount on that loan. This discount cannot be combined with other rate discounts.
Model Years 2023-2026
As low as
As low as rate includes a loyalty discount. $100 at closing for approved members financing with First Class CCU on purchased vehicles or loans refinanced from another lender. Offer subject to change without notice. All loans subject to approval. Current loans with FCCCU do not qualify. Loans approved under the First Class Acceptance program will not be eligible for 100 days no payments.
As Low As
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
Relationship Rate
Model Year: 2025 & Newer
As Low As
Model Year: 2024
As Low As
As Low as:
As Low as:
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
Relationship Rate
Relationship Rate
Model Year: 2024
As Low As
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
As Low As; Loyalty APR; Vehicle Year: 2025 - 2024
Rates are stated as annual percentage rates (APR). Fixed APR for up to 60 months includes a 10% down payment. Rates are based on loans of $2,500 or more. Loans for less than $2,500 will be granted at Signature Rates.
Rates are stated as annual percentage rates (APR). Fixed APR for up to 60 months includes a 10% down payment. Rates are based on loans of $2,500 or more. Loans for less than $2,500 will be granted at Signature Rates.
Loyalty Rate: 4.49%
Qualifications Required: Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan; Loyalty Rate; Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan qualify for a 0.25% rate discount on that loan. This discount cannot be combined with other rate discounts.
Model Years 2023-2026; Loan must be $18,001 or more
2024-2026
As Low As; MINIMUM LOAN AMOUNT $25,000.00
As Low As
Model Year: 2026, 2025, 2024
Relationship Rate
Relationship Rate
Model Year: 2025 & Newer
As Low As
Model Year: 2023 - New; Membership is required: $5 minimum share deposit. Federally insured by NCUA.
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
100% of NADA Retail
Model Year: 2021-2023
As Low As
As Low as:
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
Relationship Rate
Relationship Rate
Model Year: 2025 & Newer
As Low As
Model Year: 2024
As Low As
As low as; 2024 & newer
Term: Used: 2022 - 2023 (60 Months); Qualifications Required: Over $1,500 in direct deposit into a checking account within the last 30 days and 21 or more debit or credit transactions per month.; Rates shown are for model years 2022-2023 and include the All-In Member Pricing interest rate discount of up to 0.50% APR. Rates for 2021 and older models may be higher. Add 1% to rate listed when using cash, check or coupons (non-electronic or automated payment method).
100% of NADA Retail
100% of NADA Retail (RTL)
Model Year: 2021-2023
As Low As
As Low As
As Low As
As Low As
As Low As
As Low as:
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
Fixed Rates APR effective 10/1/2025.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
As Low As; MINIMUM LOAN AMOUNT $ 25,000.00
Model Year: 2024 & Newer; As Low As**
Relationship Rate
Model Year: 2024
As Low As
As low as; 2024 & newer
As low as; 2023 Model Year
As Low As
As Low As
As Low As
As Low As
Qualifications Required: Over $1,500 in direct deposit into a checking account within the last 30 days and 21 or more debit or credit transactions per month.; Rates displayed include the additional All-In Member Pricing interest rate discount up to 0.50% APR. Add 1% to rate listed when using cash, check or coupons (non-electronic or automated payment method).
Fixed
As Low As; Loyalty APR; Vehicle Year: 2025 - 2024
Vehicle Year: 2024 - 2023; As Low As; Loyalty APR: 4.49%
As Low As; Vehicle Year: New 2026 & New/Used 2025
Apply Now!
Rates are stated as annual percentage rates (APR). Fixed APR for up to 60 months includes a 10% down payment. Rates are based on loans of $2,500 or more. Loans for less than $2,500 will be granted at Signature Rates.
Model Year: 2024 & newer
Model Year: 2024 & newer
Qualifications Required: Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan; Loyalty Rate; Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan qualify for a 0.25% rate discount on that loan. This discount cannot be combined with other rate discounts.
Loyalty Rate: 4.74%
Qualifications Required: Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan; Loyalty Rate; Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan qualify for a 0.25% rate discount on that loan. This discount cannot be combined with other rate discounts.
Model Years 2023-2026; Loan must be $30,001 or more & mileage under 25,000 miles
As low as; Apply Online
Model Years 2024-2026
Rate includes Loyalty Discount of 0.50%. To qualify for the Loyalty Discount, member must setup automatic loan payments from their Collins Community CU Checking account. Checking account must have at least 5 transactions including a direct deposit. Cannot be combined with any other auto loan discount or offer. Discount eligible on purchase or external refinances only.
2022-2023
2023-2026
As Low As; Year: 2024 - 2026
As low as
Model Year: 2026-21
Model Year: 2026-21
Model Year: 2026, 2025, 2024
100% of NADA Retail
100% of NADA Retail (RTL)
Model Year: 2021-2023
As Low As
As Low As
As Low As
Model Year: 2021 or newer
As Low As
As Low As
Model Year: 2023 - New; Membership is required: $5 minimum share deposit. Federally insured by NCUA.
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
Model Year: 2024 & Newer; As Low As**
As low as APR*
As low as; 2024 & newer
As low as; 2024 & newer
As low as; 2022 Model Year
As low as; 2023 Model Year
As Low as:
As Low as:
Model Year: 2024 & newer
As Low As
Model Year: 2026 - 2023
Model Year: 2023 - 2022**
100% of NADA Retail
100% of NADA Retail (RTL)
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
Term: Used: 2022 - 2023 (72 Months); Qualifications Required: Over $1,500 in direct deposit into a checking account within the last 30 days and 21 or more debit or credit transactions per month.; Rates shown are for model years 2022-2023 and include the All-In Member Pricing interest rate discount of up to 0.50% APR. Rates for 2021 and older models may be higher. Add 1% to rate listed when using cash, check or coupons (non-electronic or automated payment method).
As low as APR*
Model Year: 2019-2020
As Low As
As low as; 2024 & newer
As low as; 2021 Model Year
As low as; 2022 Model Year
As low as; 2023 Model Year
As Low As
As Low As
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
Fixed Rates APR effective 10/1/2025.
Summer Loan Special. Rates subject to rate-based credit score. Model years 2025 and 2026.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
As Low As
As Low as:
Model Year: 2025 & Newer
As Low As
As Low as:
As Low As; MINIMUM LOAN AMOUNT $25,000.00
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
As Low as:
As Low As
As Low As
Model Year: 2025 & Newer
As Low As
As Low As; Loyalty APR; Vehicle Year: New 2026 & New/Used 2025
Model Years 2023-2026
As low as
As low as rate includes a loyalty discount. $100 at closing for approved members financing with First Class CCU on purchased vehicles or loans refinanced from another lender. Offer subject to change without notice. All loans subject to approval. Current loans with FCCCU do not qualify. Loans approved under the First Class Acceptance program will not be eligible for 100 days no payments.
As Low As
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
Relationship Rate
Model Year: 2025 & Newer
As Low As
As Low as:
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
Relationship Rate
Relationship Rate
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
Rates are stated as annual percentage rates (APR). Fixed APR for up to 60 months includes a 10% down payment. Rates are based on loans of $2,500 or more. Loans for less than $2,500 will be granted at Signature Rates.
Rates are stated as annual percentage rates (APR). Fixed APR for up to 60 months includes a 10% down payment. Rates are based on loans of $2,500 or more. Loans for less than $2,500 will be granted at Signature Rates.
Model Years 2023-2026; Loan must be $18,001 or more
As Low As; MINIMUM LOAN AMOUNT $25,000.00
As Low As
Relationship Rate
Relationship Rate
Model Year: 2025 & Newer
As Low As
Model Year: 2023 - New; Membership is required: $5 minimum share deposit. Federally insured by NCUA.
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
100% of NADA Retail
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account.
Relationship Rate
Relationship Rate
Model Year: 2025 & Newer
As Low As
As low as; 2024 & newer
100% of NADA Retail
100% of NADA Retail (RTL)
As Low as:
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
Fixed Rates APR effective 10/1/2025.
As Low As; MINIMUM LOAN AMOUNT $ 25,000.00
Model Year: 2024 & Newer; As Low As**
Relationship Rate
As low as; 2024 & newer
As Low As
As Low As
As Low As
As Low As
Qualifications Required: Over $1,500 in direct deposit into a checking account within the last 30 days and 21 or more debit or credit transactions per month.; Rates displayed include the additional All-In Member Pricing interest rate discount up to 0.50% APR. Add 1% to rate listed when using cash, check or coupons (non-electronic or automated payment method).
Fixed
As Low As; Vehicle Year: New 2026 & New/Used 2025
Rates are stated as annual percentage rates (APR). Fixed APR for up to 60 months includes a 10% down payment. Rates are based on loans of $2,500 or more. Loans for less than $2,500 will be granted at Signature Rates.
Model Year: 2024 & newer
Model Year: 2024 & newer
Model Years 2023-2026; Loan must be $30,001 or more & mileage under 25,000 miles
As low as; Apply Online
Rate includes Loyalty Discount of 0.50%. To qualify for the Loyalty Discount, member must setup automatic loan payments from their Collins Community CU Checking account. Checking account must have at least 5 transactions including a direct deposit. Cannot be combined with any other auto loan discount or offer. Discount eligible on purchase or external refinances only.
Model Year: 2026-21
Model Year: 2026-21
100% of NADA Retail
100% of NADA Retail (RTL)
As Low As
Model Year: 2023 - New; Membership is required: $5 minimum share deposit. Federally insured by NCUA.
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
Model Year: 2024 & Newer; As Low As**
As low as; 2024 & newer
As low as; 2024 & newer
As Low as:
Model Year: 2024 & newer
As Low As
Model Year: 2026 - 2023
Model Year: 2023 - 2022**
100% of NADA Retail
100% of NADA Retail (RTL)
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
As low as; 2024 & newer
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
Fixed Rates APR effective 10/1/2025.
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
As Low as:
As Low As
As Low As
Model Year: 2024
As Low As
As Low As; Loyalty APR; Vehicle Year: New 2026 & New/Used 2025
Model Years 2023-2026
As low as rate includes a loyalty discount. $100 at closing for approved members financing with First Class CCU on purchased vehicles or loans refinanced from another lender. Offer subject to change without notice. All loans subject to approval. Current loans with FCCCU do not qualify. Loans approved under the First Class Acceptance program will not be eligible for 100 days no payments.
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
Relationship Rate
Model Year: 2024
As Low As
As Low as:
Relationship Rate
Relationship Rate
Model Year: 2024
As Low As
Rates are stated as annual percentage rates (APR). Fixed APR for up to 60 months includes a 10% down payment. Rates are based on loans of $2,500 or more. Loans for less than $2,500 will be granted at Signature Rates.
Rates are stated as annual percentage rates (APR). Fixed APR for up to 60 months includes a 10% down payment. Rates are based on loans of $2,500 or more. Loans for less than $2,500 will be granted at Signature Rates.
Model Years 2023-2026; Loan must be $18,001 or more
As Low As
Relationship Rate
Relationship Rate
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
100% of NADA Retail
Model Year: 2021-2023
As Low As
As Low as:
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Model Year: 2024 & Newer*
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
Relationship Rate
Relationship Rate
Model Year: 2024
As Low As
100% of NADA Retail
100% of NADA Retail (RTL)
Model Year: 2021-2023
As Low As
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
As Low As; MINIMUM LOAN AMOUNT $ 25,000.00
Relationship Rate
Model Year: 2024
As Low As
As low as; 2023 Model Year
As Low As
As Low As
As Low As
As Low As
As Low As; Vehicle Year: New 2026 & New/Used 2025
Rates are stated as annual percentage rates (APR). Fixed APR for up to 60 months includes a 10% down payment. Rates are based on loans of $2,500 or more. Loans for less than $2,500 will be granted at Signature Rates.
Model Years 2023-2026; Loan must be $30,001 or more & mileage under 25,000 miles
As low as; Apply Online
100% of NADA Retail
100% of NADA Retail (RTL)
Model Year: 2021-2023
As Low As
As Low As
Rates are for new or used vehicles. **Term is in column 1. APR is in column 2.
As low as; 2022 Model Year
As low as; 2023 Model Year
As Low as:
Model Year: 2026 - 2023
Model Year: 2023 - 2022**
100% of NADA Retail
100% of NADA Retail (RTL)
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
Model Year: 2019-2020
As Low As
As low as; 2021 Model Year
As low as; 2022 Model Year
As low as; 2023 Model Year
Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
Compare local Fort Madison, IA auto loan rates against the statewide average
Daily auto loan rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Iowa new auto rates rose 0.065 points over the past 7 days to 5.285% APR.
Iowa used auto rates rose 0.093 points over the past 7 days to 5.867% APR.
Auto loan APRs track lender funding costs, which follow Federal Reserve policy. Our model projects the likely path of new and used auto averages from the current Iowa figures.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; auto lenders reprice within one to two policy cycles as funding costs move, and credit union pricing tends to lag banks slightly.
Important notice: this forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions.
Estimated monthly payments on a standard 60-month auto loan at today’s average Iowa APRs. Even a small APR difference adds up over the life of a car loan. Use the calculator below to model your exact loan.
| Loan Amount | New Auto @ 5.29% APR IA average | Used Auto @ 5.87% APR IA average | Monthly Difference |
|---|---|---|---|
| $15,000 | $285.03/mo | $289.07/mo | $4.04/mo |
| $25,000 | $475.05/mo | $481.78/mo | $6.73/mo |
| $35,000 | $665.07/mo | $674.49/mo | $9.42/mo |
| $45,000 | $855.09/mo | $867.20/mo | $12.11/mo |
Principal and interest only, 60-month term, calculated from current average APRs. Taxes, title, registration, and optional add-ons are not included. Your APR depends on credit score, loan term, vehicle age, and lender underwriting.
A preapproval from a bank or credit union serving Fort Madison, Iowa locks in a real rate before you set foot on a dealer lot. It turns you into a cash buyer, gives you a benchmark to beat, and protects you from dealer financing markups. Dealers can legally add points to the rate a lender actually approved you for.
Credit unions consistently offer some of the lowest auto loan APRs in Iowa. Membership is usually easier to get than people expect. Many local credit unions accept anyone who lives, works, or worships in the area, and some let you join with a small donation to a partner charity.
Shorter terms almost always carry lower APRs, and you pay interest for fewer months. A 72- or 84-month loan lowers the monthly payment but dramatically raises total interest cost and increases the time you spend “underwater”, owing more than the car is worth. Aim for 60 months or less if the payment fits your budget.
Used car loans typically run 0.5 to 1.5 percentage points above new car rates. If you’re shopping late-model used vehicles, ask about certified pre-owned programs. CPO vehicles sometimes qualify for new-car financing rates, which can offset part of the price difference between the two.
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $570 monthly car payment works out to roughly 19.0% of the median individual income in Fort Madison, Iowa. Most budgeting guidelines suggest keeping total vehicle costs (payment, insurance, fuel, and maintenance) under 15–20% of take-home pay.
An auto loan isn’t the only way to finance a vehicle in Fort Madison, Iowa, but for most borrowers it’s the cheapest. Here’s how the main options stack up.
| Feature | Credit Union Auto Loan | Bank Auto Loan | Dealer Financing | Personal Loan |
|---|---|---|---|---|
| Typical APR Level | ✓ Often lowest | ✓ Competitive | ● Varies, can be marked up | ✗ Highest (unsecured) |
| Rate Locked Before You Shop | ✓ Yes, via preapproval | ✓ Yes, via preapproval | ✗ Arranged at the dealership | ✓ Yes |
| Membership / Relationship Required | ● Membership (usually easy) | ✗ No | ✗ No | ✗ No |
| Works for Private-Party Sales | ✓ Usually | ● Sometimes | ✗ No | ✓ Yes |
| Convenience at Purchase | ● Preapproval step first | ● Preapproval step first | ✓ One-stop at the dealer | ● Funds in 1–3 days |
| Best For | Lowest total cost of borrowing | Existing bank customers & rate discounts | Manufacturer 0% promos on new cars | Older vehicles lenders won’t finance |
General comparison for educational purposes. Manufacturer promotional financing (0–2.9% APR offers) through dealers can beat any bank or credit union rate when you qualify. Always compare the promo against a cash rebate plus outside financing.
Estimate your monthly payment on a new or used vehicle in Fort Madison, Iowa. We’ve prefilled the APR with today’s IA new-auto average, or click any current rate on the right to apply it instantly.
Estimates include principal and interest only. Sales tax, title, registration, documentation fees, and optional products (GAP, warranties) are not included and are often financed into the loan. Advertised APRs typically require excellent credit; your rate may differ.
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Fort Madison, Iowa auto loan rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Auto Loan Rate Data: We aggregate new and used auto loan rates for Fort Madison, Iowa directly from the official websites of banks, credit unions, and online lenders using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the lenders’ own digital properties and verifying APRs regularly, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available auto loan products in Fort Madison, Iowa. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in IA.
Regularly Updated APRs: Our rate updaters verify and update auto loan rates regularly. Because APRs can change based on market conditions and lender policies, every product features its own “last updated” date for full transparency. Auto loan APRs shown typically represent the lowest available rate for borrowers with excellent credit; your actual rate will depend on your credit history, credit score, income, loan term, vehicle age, and other underwriting factors.