Our Auto Loan Rates? Unbeatable.
Earthmover is all about transparency—offering auto loans with rates you can actually see (and love).
![graph of certificate yields from various banks and Earthmover CU [desktop]](images/march2025/EMC-116A1-D-graph.jpg)
![graph of certificate yields from various banks and Earthmover CU [mobile]](images/march2025/EMC-116A1-M-graph.jpg)
Competitor rates shown are accurate as of February 20, 2025, represent the institution’s "as low as" rate, are based on comparable loan products, and were sourced directly from the financial institution’s website. Rates displayed, including Earthmover’s, may change without notice and their accuracy cannot be guaranteed. APR = Annual Percentage Rate.
Skip the payments, keep the savings.
The average monthly car payment in the U.S. is a whopping $742⁴! But with Earthmover, our unbeatably low rates can potentially reduce that monthly payment to $535 or even lower⁵. Toss in 90 days of no payments² and your auto loan will be saving you money in no time. Now that's something to brag about.
What will my monthly payment look like?
That’s a great question and the answer looks different for everyone. Give our loan calculator a try and get a better understanding of what your monthly payment might look like.
This calculator is for estimation and informational purposes only. Price presented is not a final, binding notification of what your actual monthly payment will be. Speak to an Earthmover team member for more information.
When the best feature of your new ride is the loan itself.
No matter what you pull off the lot with, drive away knowing the loan is just as shiny as the ride.
- Lowest rates in town¹
- No payments for 90 days²
- Borrow up to 150% LTV⁴
- New and used vehicles
- GAP and Mechanical Breakdown coverage available
- No prepayment penalties
Think applying for an auto loan is difficult? Our four-step process is oh so easy.
Shop confidently
Knowing your preapproval can save you time and money with the full support of Earthmover.Purchase agreement
Once you've found your vehicle, fax, email or simply text us the purchase agreement.Seal the deal
Complete the loan documents from your phone, online or at a local branch. We'll send the funds directly to the dealer or you can pick up the check in person.Buying or refinancing a car shouldn’t be difficult. We’ve taken some of the most commonly asked questions and put them all in once place.
Do I need to become a member before getting pre-approved?
Not at all. You can submit your application first and then if you decide to move forward with the loan, we’ll open an Earthmover savings account⁷ for you, which will begin your membership at the credit union.Do I need a down payment for my auto loan?
A down payment is not required, but it does help towards your overall monthly payments and reduces the back-and-forth during the application process.Do I need to have the vehicle picked out to submit an application?
Not at all. We can submit a pre-approval even if you haven't decided on the vehicle.What do I need to do at the dealership once I find the vehicle I want?
Once you decide on a vehicle, we'll just need you to send the bill of sale (also known as a purchase agreement) to Earhmover via text, fax or email. Once received, we will issue documents you can sign on your phone and we can overnight the check to the dealer or schedule a time for you to complete the paperwork and pick up the funds.What's the turnaround time to get the funds?
Turnaround time is typically the same day (depending on time) as long as we have all necessary documents like bill of sale, proof of income, etc.—however, some factors can limit this.How long is my pre-approval good for?
Your pre-approval is valid for 60 days without running another credit report.What if I find a vehicle that's more than my approval amount?
If your desired vehicle is a bit more than what you initially had in mind, Earthmover will send the approval over for review without having to apply again or run your credit.Do I need to go back and forth between the dealer and Earthmover?
No, you can send the purchase agreement directly to Earthmover via text, fax or email. Once received, Earthmover will issue documents you can sign on your phone and we will overnight the check to the dealer.How do I purchase an auto from a private party seller?
We require a copy of the title to verify owners of the vehicle. If the vehicle is currently financed, we will require a payoff letter for the seller’s current loan.What if the auto I am buying is out of state?
We require a bill of sale (purchase agreement) from the dealership. We will complete title work for the vehicle (unless it is a specialized vehicle – RV, Boat, etc.) and fees can be paid out of pocket or included in the loan.If it is an out of state private party sale, we require a copy of the title. We will complete title work for the vehicle (unless it is a specialized vehicle – RV, Boat, etc.) and fees can be paid out of pocket or included in the loan.
How does the refinance process work?
We require the current lender information to verify a good payoff. Then we send a check right to your former lender to payoff the loan! There is a $50 Secretary of State fee to update the lienholder on title which we include in the new loan documents.More ways Earthmover Credit Union can help.
Always at your side
We’re here to help you remain financially stable through uncertain economic times and come out on the other side even stronger. From saving money for a new car to putting away funds for a relaxing retirement—and everything in between—we have the savings accounts you need to feel secure for what lies ahead.
Get the details
Working to keep more money in your pocket
Since 2011 we've saved members $51,661,024 by refinancing their loans from other financial institutions. If you have a high-rate loan on your vehicle, your RV, your boat, your mortgage and/or your credit card, come talk with us and let’s work to keep more money in your pocket.
Contact us
Saving comes naturally.
Need another reason to become an Earthmover? How about 7.6 million ones? Last year alone, Earthmover was able to collectively save our members $7.6 million compared to customers at larger banks with similar loans and accounts.
At this credit union, you are so much more than just a profit center disguised as an account number. Sure, you’re a member—and a valued one at that. But you’re also an owner with a say in how we move forward.
We invite you to finally just say "no" to those big-box banks with their high rates on loans, low yields on savings and expensive (often hidden) fees.
Aim to save¹ The statement is accurate as of February 20, 2025. Vehicle rate information was sourced directly from the financial institution’s website within 30 miles of 2195 Baseline Rd. Oswego, IL 60543. Comparison rates are based on similar vehicle loans at similar financial institutions. Rates displayed, including Earthmover’s, may change without notice and their accuracy cannot be guaranteed.
² No payments for 90 days No payments will be required for the first 90 days. Only applies to auto loans. Interest will accrue during this period.
³ Rates as low as 4.24% APR APR = Annual Percentage Rate. Proof of address and verification of employment are required. Rate is determined by credit score, loan term, and vehicle model year. The maximum rate for an auto loan is 19.24% APR. Auto refinancing offer only applies to loans financed by institutions other than Earthmover Credit Union. Financing up to 84 months available for qualifying vehicles. Maximum loan-to-value limits apply. Contact a credit union representative for details. Conditions and terms are subject to change without notice. Rates are current as of January 28, 2025 and are subject to change based on market conditions. Estimated monthly payment example=$44.00 per $1,000 (payment example based on 4.24% APR and term of 24 months).
⁴ National average monthly auto loan payment data was sourced from Nerdwallet.com, is used for comparison only and is subject to change without notice.
⁵ Earthmover Credit Union average monthly auto loan payment is based on 2025 Earthmover Credit Union loan data.
⁶ 150% Loan to Value (LTV) Up to 150% financing is available in the U.S. for qualified applicants. Refinances with a cash out option not available. For qualification requirements contact us at (630) 844-4950.
⁷ Membership is not required for pre-approval but an Earthmover Savings Account with a minimum deposit of $5.00 is required for membership. If your loan application is approved, Earthmover membership will automatically be included in the process.