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A new car owner happily gets into his vehicle that was financed with an Auto Loan

Auto Loans

There is nothing like driving a car that makes you happy every time you start the engine.

First Midwest Bank can help you buy yours. Our competitive auto loan rates1 and flexible terms range from 36 to 72 months, so you can maximize your borrowing potential without sacrificing your long-term financial success. Ask us about:

  • New vehicles
  • Used vehicles
  • Refinancing your current auto loan

Already have a car you love? See how much an auto refinance could save you.

Contact a First Midwest Banker for our current rates and more details about a First Midwest Auto Loan.

What Would My Monthly Car Payment Be?

Auto Loan Payment Examples1 New Vehicle2 Used Vehicle3
Automobile Cost $25,000 $10,000
Down Payment $5,000 $2,000
Loan Amount $20,000 $8,000
48-Month Loan APR 3.24% 3.71%
Monthly Payment $445.39 $179.85

Current Auto Loan Rates

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Buying a Car Has Never Been Easier

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Borrowing from First Midwest Bank

Home Equity Lines

The EquiFlex™ Home Equity Line1 gives you lower rates than a typical credit card.

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Use your “house-power” to make home improvements, fund your kids’ education, or consolidate debt.1

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Personal Loans

Borrow as much as $35,0004 for up to seven years with no collateral.

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1 Subject to credit approval. Vehicle insurance required. Rates are subject to change daily. Contact your First Midwest Banker for our current rates.
2 Assumes 20% down payment and 48 equal monthly payments with a 3.00% interest rate and 3.24% Annual Percentage Rate (APR) which includes a $100 documentation fee.
3 Assumes 20% down payment and a 48 equal monthly payments with a 3.10% interest rate and 3.71% Annual Percentage Rate (APR) which includes a $100 documentation fee. Mileage cap of 200,000 miles on example of used vehicle.
4 We reserve the right to modify or withdraw the offer at any time. $5,000 minimum loan amount.