Auto Savings Loan

The Auto Loan that helps you build your savings! This hybrid loan features a low competitive fixed rate and allows you to set aside money for your future. Simply add a minimum of $25 to your loan payment and we’ll deposit it into a high-dividend certificate of deposit that will mature at the end of your loan term. Plus, you’ll have access to your savings, penalty-free, for vehicle repair costs.*

Make your Auto Savings Loan payment from your Heartland Checking account and we’ll drop your rate 0.25% APR (rates quoted on this website include 0.25% discount). It’s a no-brainer – you’ll save money and won’t have to worry about remembering to make your monthly payment.

You Get:

  • Same low competitive rate on new and used auto
  • Variety of loan terms – from two to seven years (based on age of vehicle and loan amount)
  • Competitive dividends paid monthly – you’ll earn the dividend rate equal to a Heartland 60 month Certificate of Deposit regardless of the term of your Auto Savings Loan
  • An easy way to set aside money and earn a preimum rate
  • Penalty-free withdrawals from your Certificate of Deposit for vehicle repairs*
  • Option to adjust the amount deposited to your Certificate of Deposit anytime during your loan term ($25 minimum and $200 maximum)
  • Automatic payments set up through ACH or a Pre-Authorized transfer from your Heartland Checking or Savings Account (required)
  • 0.25% loan rate discount when payment is made automatically from your Heartland Checking

Apply Today
Online
Print: Print an application
Call: (651) 451-5160 or (800) 813-9185
Visit: Visit a Heartland Branch

*Proof of repair is required. Withdrawal penalties for other purposes apply. See addendum from a Heartland Loan Officer or Financial Service Officer for complete product details and requirements.