Frankfort, Kentucky Best Auto Loan Rates - August 2026
Brian McKay
Brian McKay
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Current auto loan rates in Frankfort, Kentucky include Commonwealth Credit Union Frankfort, KYCommonwealth Credit Union Frankfort, KY417 High St, Frankfort, KY, 40601A+5.0 ★Texas Ratio: 2.47% offering New Auto Loans at 5.49%, Expree Credit UnionExpree Credit Union100 Moore Dr, Frankfort, KY, 40601 8295A+5.0 ★Texas Ratio: 4.66% offering Auto Loans at 5.99%, Kemba Louisville Credit UnionKemba Louisville Credit UnionA+5.0 ★Texas Ratio: 2.71% offering New to 2 year old vehicle Loan at 2.25%, Owensboro Federal Credit UnionOwensboro Federal Credit UnionA+5.0 ★Texas Ratio: 0.78% offering Auto Loan at 3.75%, The Health And Education Federal Credit UnionThe Health And Education Federal Credit UnionA+5.0 ★Texas Ratio: 1.13% offering New Auto at 3.99%. Auto loan rates as of August 28, 2026 according to verified data from MonitorBankRates.
Frankfort has 2 local institutions in our database, with auto loan rates as low as 5.49% APR from Commonwealth Credit Union Frankfort, KY at 417 High St, Frankfort, KY, 40601. Use the tabs below to compare new and used auto loan rates. Rates are continually updated — we recommend checking back frequently.
Auto loan rates reflect recent market quotes and representative offers available to borrowers in Frankfort, Kentucky. Auto Loan Rates Last Updated and Verified: August 28, 2026
Compare Auto Loan Rates Today in Frankfort, Kentucky & Surrounding Area
Frankfort Auto Loan Rates
Monthly Payment Example per $1,000 Borrowed: $23.26 based on a 48 month term
Monthly Payment Example per $1,000 Borrowed: $18.43 based on a 63 month term
As Low As
Monthly Payment Example per $1,000 Borrowed: $16.14 based on a 75 month term
As Low As
Monthly Payment Example per $1,000 Borrowed: $14.97 based on a 84 month term
As Low As
Example: Vehicle's NADA Clean Retail Value is $25K and you finance only $20K on a new to 2 year old vehicle, (and the best credit score) THEN 2.25% APR, 60 months = Rate per $1,000 borrowed monthly factor is $17.65. A loan financing $20,000 would be a monthly payment of $353.16 before any add-ons, such as Credit Insurance, GAP+ADR or Extended Warranty.
As Low As; Actual rate is determined by credit score
100% Financing
NADA Retail
As low as; *
Rates shown reflect .25% discount for automatic payment discount and on 2022 or newer models.
As Low As; Actual rate is determined by credit score
AUTO (New or 1 year old with less than 20000 miles)
Rates shown reflect .25% discount for automatic payment discount and on 2022 or newer models.
As Low As; Actual rate is determined by credit score
AUTO (New or 1 year old with less than 20000 miles)
As low as*
As low as**
As low as*
As low as**
100% Financing
As low as*
As low as**
Rates shown reflect .25% discount for automatic payment discount and on 2022 or newer models.
As Low As; Actual rate is determined by credit score
Score: A+ = 750+
AUTO (New or 1 year old with less than 20000 miles)
Used Auto up to 10 years old
As Low As
As Low As; Newer (2023-2026)
As Low As;*
Rates, terms, and conditions are subject to change and may vary based on creditworthiness, model, year, term, and loan amount. All loans are subject to approval and not all applicants will qualify for the lowest rate. Rates are based on an A+ credit score, 10% equity in the vehicle, auto deduction from a DESCO Advantage Plus checking account, a current DESCO mortgage, and have a DESCO Credit Card. APR=Annual Percentage Rate; based off a $25,000.00 loan with a $150.00 loan origination fee. Approximate monthly loan payment at 4.74% is $402.08 on a $25,000.00 loan with a 6-year term.
As Low As;*
Rates shown reflect .25% discount for automatic payment discount and on 2022 or newer models.
As Low As; Actual rate is determined by credit score
For rates shown as ranges, the APR will be within the range disclosed above and is based on your credit score. Please ask for the initial rate you qualify for.
Score: A+ = 750+
As Low As
AUTO (New or 1 year old with less than 20000 miles)
Used Auto up to 10 years old
As Low As
As Low As*; Not all will qualify for lowest rate.
As low as*
As low as**
As Low As; Newer (2023-2026)
100% Financing
As Low As;*
As Low As;*
As low as; *
As Low As
As Low As; Purchase
Rates shown reflect .25% discount for automatic payment discount and on 2022 or newer models.
As Low As; Actual rate is determined by credit score
For rates shown as ranges, the APR will be within the range disclosed above and is based on your credit score. Please ask for the initial rate you qualify for.
Score: A+ = 750+
Used Auto up to 10 years old
As Low As
As Low As; Refinance
As Low As;**
As Low As; Used (2019 - 2022)
As low as; *
As Low As; Purchase
As Low As; Actual rate is determined by credit score
For rates shown as ranges, the APR will be within the range disclosed above and is based on your credit score. Please ask for the initial rate you qualify for.
Score: A = 680-749
As Low As
As Low As
AUTO (New or 1 year old with less than 20000 miles)
Used Auto up to 10 years old
As Low As;*
As Low As;**
As Low As; Used (2019 - 2022)
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
100% Financing
Reflects AutoPay .25% deduction
Reflects AutoPay .25% deduction
Reflects AutoPay .25% deduction
For rates shown as ranges, the APR will be within the range disclosed above and is based on your credit score. Please ask for the initial rate you qualify for.
Score: A+ = 750+; **
As Low As
As Low As
As Low As
As Low As; Purchase
As Low As
As Low As;*
As Low As; Newer (2023-2026)
As low as
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
For rates shown as ranges, the APR will be within the range disclosed above and is based on your credit score. Please ask for the initial rate you qualify for.
As Low As
As Low As
AUTO (New or 1 year old with less than 20000 miles)
Used Auto up to 10 years old
Rates shown include the 1% Buy-Down Program discount and no additional discount is available beyond these rates.
100% Financing.
As Low As;**
As low as
As low as*
As low as**
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Learn more. Purchase of a new car would have a 5.94% APR for 60 months, monthly payment of $868.72 for $45,000 financing, down payment of $0.
As Low As;*
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Learn more. Purchase of a used 2022 year car would have a 5.99% APR for 60 months, monthly payment of $579.84 for $30,000 financing, down payment of $0.
Fixed; APR* as low as
As low as; *
As Low As
As Low As; Actual rate is determined by credit score
For rates shown as ranges, the APR will be within the range disclosed above and is based on your credit score. Please ask for the initial rate you qualify for.
Score: A = 680-749; **
As Low As; 2023-2024
As Low As; Purchase
As Low As;**
as low as
As Low As;*
Score: B = 640-679
As Low As
As Low As; 2023-2024
As Low As
Used Auto up to 10 years old, over $20,000
As Low As;**
As Low As;*
as low as
As Low As;**
As Low As; Used (2019 - 2022)
As low as; *
Reflects AutoPay .25% deduction
As low as
As low as
As Low As; Refinance
As Low As; Actual rate is determined by credit score
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
For rates shown as ranges, the APR will be within the range disclosed above and is based on your credit score. Please ask for the initial rate you qualify for.
Score: B = 640-679
As Low As; 2021-2022
As Low As
Credit Score: 850-680
Used auto over 10 years old
As Low As;*
As Low As;*
As low as rates assume the following: 2023 and newer models. APR will vary if the loan is signed at a partner dealer location. Rates are subject to change daily. Please call: 513.243.4328 or 800.542.7093 for the most current rates. View complete disclosures.
For rates shown as ranges, the APR will be within the range disclosed above and is based on your credit score. Please ask for the initial rate you qualify for.
As Low As; 2019-2020
As Low As
As Low As;*
As Low As;**
As Low As;**
As low as rates assume the following: 2023 and newer models. APR will vary if the loan is signed at a partner dealer location. Rates are subject to change daily. Please call: 513.243.4328 or 800.542.7093 for the most current rates. View complete disclosures.
As Low As;*
Fixed; APR* as low as
As Low As; Newer (2023-2026)
As low as
As Low As; Purchase
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
Score: B = 640-679; **
Frankfort New Auto Auto Loan Rates
Monthly Payment Example per $1,000 Borrowed: $23.26 based on a 48 month term
Monthly Payment Example per $1,000 Borrowed: $18.43 based on a 63 month term
Monthly Payment Example per $1,000 Borrowed: $16.14 based on a 75 month term
Monthly Payment Example per $1,000 Borrowed: $14.97 based on a 84 month term
Example: Vehicle's NADA Clean Retail Value is $25K and you finance only $20K on a new to 2 year old vehicle, (and the best credit score) THEN 2.25% APR, 60 months = Rate per $1,000 borrowed monthly factor is $17.65. A loan financing $20,000 would be a monthly payment of $353.16 before any add-ons, such as Credit Insurance, GAP+ADR or Extended Warranty.
100% Financing
As low as; *
AUTO (New or 1 year old with less than 20000 miles)
AUTO (New or 1 year old with less than 20000 miles)
As low as*
As low as*
100% Financing
As low as*
Score: A+ = 750+
AUTO (New or 1 year old with less than 20000 miles)
As Low As
As Low As; Newer (2023-2026)
As Low As;*
As Low As;*
Score: A+ = 750+
As Low As
AUTO (New or 1 year old with less than 20000 miles)
As Low As
As Low As*; Not all will qualify for lowest rate.
As low as*
As Low As; Newer (2023-2026)
100% Financing
As Low As;*
As Low As;*
As low as; *
Score: A+ = 750+
As low as; *
Score: A = 680-749
As Low As
AUTO (New or 1 year old with less than 20000 miles)
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
100% Financing
Reflects AutoPay .25% deduction
Score: A+ = 750+; **
As Low As
As Low As
As Low As
As Low As; Newer (2023-2026)
As low as
As Low As
AUTO (New or 1 year old with less than 20000 miles)
Rates shown include the 1% Buy-Down Program discount and no additional discount is available beyond these rates.
100% Financing.
As low as
As low as*
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Learn more. Purchase of a new car would have a 5.94% APR for 60 months, monthly payment of $868.72 for $45,000 financing, down payment of $0.
As low as; *
Score: A = 680-749; **
Score: B = 640-679
As Low As
As low as; *
As low as
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
Score: B = 640-679
As low as rates assume the following: 2023 and newer models. APR will vary if the loan is signed at a partner dealer location. Rates are subject to change daily. Please call: 513.243.4328 or 800.542.7093 for the most current rates. View complete disclosures.
As low as rates assume the following: 2023 and newer models. APR will vary if the loan is signed at a partner dealer location. Rates are subject to change daily. Please call: 513.243.4328 or 800.542.7093 for the most current rates. View complete disclosures.
As Low As; Newer (2023-2026)
Score: B = 640-679; **
Frankfort Used Auto Auto Loan Rates
NADA Retail
As low as; *
As low as**
As low as**
As low as**
Used Auto up to 10 years old
Used Auto up to 10 years old
As Low As*; Not all will qualify for lowest rate.
As low as**
As low as; *
As Low As
Used Auto up to 10 years old
As Low As
As Low As; Used (2019 - 2022)
As low as; *
Used Auto up to 10 years old
As Low As; Used (2019 - 2022)
Reflects AutoPay .25% deduction
Reflects AutoPay .25% deduction
As low as
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
Used Auto up to 10 years old
100% Financing.
As low as
As low as**
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Learn more. Purchase of a used 2022 year car would have a 5.99% APR for 60 months, monthly payment of $579.84 for $30,000 financing, down payment of $0.
As low as; *
As Low As
Used Auto up to 10 years old, over $20,000
As Low As; Used (2019 - 2022)
As low as; *
Reflects AutoPay .25% deduction
As low as
As low as
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
Used auto over 10 years old
As low as rates assume the following: 2023 and newer models. APR will vary if the loan is signed at a partner dealer location. Rates are subject to change daily. Please call: 513.243.4328 or 800.542.7093 for the most current rates. View complete disclosures.
As low as rates assume the following: 2023 and newer models. APR will vary if the loan is signed at a partner dealer location. Rates are subject to change daily. Please call: 513.243.4328 or 800.542.7093 for the most current rates. View complete disclosures.
As low as
Rates are based on the representative credit score and LTV. APR disclosed is for "A" credit and may not be applicable to all. Please note: Vehicle is considered used, for any model year, if it has 20,000 or more miles. *APR - Annual Percentage Rate. Annual Percentage Rate based on credit qualifications. Rate subject to change.
Frankfort, KY Auto Loan Rate Trends
Compare local Frankfort, KY 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.
Kentucky new auto rates fell 0.105 points over the past 7 days to 6.074% APR.
Kentucky used auto rates fell 0.264 points over the past 7 days to 6.607% APR.
What Would Your Monthly Car Payment Be?
Estimated monthly payments on a standard 60-month auto loan at today’s average Kentucky 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 @ 6.07% APR KY average | Used Auto @ 6.61% APR KY average | Monthly Difference |
|---|---|---|---|
| $15,000 | $290.51/mo | $294.25/mo | $3.74/mo |
| $25,000 | $484.18/mo | $490.41/mo | $6.23/mo |
| $35,000 | $677.86/mo | $686.57/mo | $8.72/mo |
| $45,000 | $871.53/mo | $882.74/mo | $11.21/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.
About Our Frankfort, Kentucky Auto Loan Rate Database
Our Frankfort, Kentucky auto loan tables currently track 31 banks and credit unions offering new and used vehicle financing to borrowers in this market. Every APR is sourced directly from the lender’s own website and re-verified regularly, so the rates you compare here reflect what lenders are actually advertising today — not stale or estimated numbers.
The lowest verified auto loan APR in our Frankfort, Kentucky database right now is 2.25% APR from Kemba Louisville Credit Union. Advertised APRs typically assume excellent credit, so use the full rate table above to compare offers across your actual credit tier.
How to Get the Best Auto Loan Rate in Frankfort, Kentucky
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Frankfort, Kentucky 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.
Check Credit Unions First
Credit unions consistently offer some of the lowest auto loan APRs in Kentucky. 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.
Choose the Shortest Term You Can Afford
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.
Mind the New vs. Used Rate Spread
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.
- Saving up for a bigger down payment → park it in a Frankfort, Kentucky high-yield savings account so it earns while you shop
- Buying from a private seller where auto financing is harder to arrange → compare personal loan rates
- Car fund you won’t need for a set period → Frankfort, Kentucky CD rates lock in a guaranteed return until you’re ready to buy
Frankfort, Kentucky Financial Snapshot
Local demographics and economic context for car buyers — Source: U.S. Census Bureau
A $581 monthly car payment works out to roughly 19.3% of the median individual income in Frankfort, Kentucky. Most budgeting guidelines suggest keeping total vehicle costs — payment, insurance, fuel, and maintenance — under 15–20% of take-home pay.
Auto Financing Options Compared
An auto loan isn’t the only way to finance a vehicle in Frankfort, Kentucky — 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.
Auto Loan Payment Calculator
Estimate your monthly payment on a new or used vehicle in Frankfort, Kentucky. We’ve prefilled the APR with today’s KY 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.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Frankfort, Kentucky 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 Frankfort, Kentucky 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 Frankfort, Kentucky. We feature a comprehensive mix of lenders — from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in KY.
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.
Frequently Asked Questions about Auto Loans in Frankfort, Kentucky
How does my credit score affect my car loan rate in Kentucky?
Is it better to finance through a dealership or a bank?
What is the difference between New and Used Auto Loan rates?
How long should my auto loan term be?
Should I get preapproved for an auto loan before visiting a dealer in Frankfort, Kentucky?
Why are used car loan rates higher than new car rates?
Can I refinance my auto loan if rates drop or my credit improves?
What are the best Auto Loan rates in Frankfort, Kentucky?
- Commonwealth Credit Union Frankfort, KY: 5.49% (New Auto Loans)
- Expree Credit Union: 5.99% (Auto Loans)
- Kemba Louisville Credit Union: 2.25% (New to 2 year old vehicle Loan)
- Owensboro Federal Credit Union: 3.75% (Auto Loan)
- The Health And Education Federal Credit Union: 3.99% (New Auto)
Frankfort, Kentucky Rates & Resources
