Car Loans for Iowa Drivers—New, Used, or Refi
Shopping for a car or thinking about refinancing your current loan? FSB makes it easy. With flexible auto loan options and local decisions made right here in Iowa, we’ll help you get where you’re going—faster.
Auto Loan Options That Fit Your Life
Whether purchasing your next vehicle or exploring refinance options, we’ll help you find the right loan with terms that make sense.
Why Choose FSB for Your Auto Loan?
See why customers have used FSB for their auto loans for over 95 years:
Local Decisions
Loan approvals are made by our local team, not by out-of-state offices.
Flexible Terms
Loan terms designed to fit your timeline, budget, and goals.
Competitive Rates
Enjoy rates as low as 7.50% APR† backed by a bank you can trust.
Easy Online Application
Apply1 in minutes from your phone, tablet, or computer—anytime.
How Financing a Car Loan in Iowa Works
Get your new keys faster with simple steps and personalized support.
1
Apply Online
Apply online from the comfort of your home in just a few clicks, or visit a local branch for personalized assistance.
2
Get Financing
Once approved, we’ll guide you through the next steps and give you the necessary details for the dealer, saving you time and helping you avoid unexpected costs.
3
Drive with Confidence
Finalize your car choice, sign the paperwork, and drive away knowing FSB has your back with competitive rates and personalized support.
FSB made the loan process stress-free. Everything was handled online, so no need to run around signing paperwork—it couldn't have been easier.- Todd W.
What Do You Need to Apply for Auto Loan Financing?
Applying for an auto loan* is simple and stress-free. Have these documents ready:
Once your application is submitted, FSB's team will carefully review your details, including a credit check, to ensure the loan meets your financial situation. The credit check required during the application process may temporarily impact your credit score.
FAQs For FSB's Auto Loans
Get answers to common questions about financing your next car with FSB.
Are FSB's Auto Loans a fixed or variable rate?
FSB's Auto Loans are fixed-rate loans, offering consistent monthly payments throughout the life of the loan, so you always know what to expect.
A variable-rate auto loan is a loan where the interest rate can change over time, often based on market conditions or a benchmark rate. That means your monthly payment could go up or down during the term of the loan—making it harder to predict long-term costs.
Are FSB's Auto Loans secured or unsecured?
FSB's Auto Loans are secured loans, meaning the vehicle you purchase serves as collateral for the loan. If the loan isn’t repaid, the lender has the right to repossess the vehicle.
Because the loan is backed by a tangible asset, interest rates are typically lower than those on unsecured loans, which don’t require collateral and often carry higher risk for lenders.
This structure helps keep borrowing more affordable while providing a clear path to vehicle ownership.
How can I calculate my monthly payment for my auto loan?
The best way to calculate your monthly auto loan payment is to speak with an FSB banker, who can provide personalized guidance based on your unique situation.
However, for a quick estimate, you can use our free auto loan calculator to get an idea of your monthly payment.
When do auto loans fall off my credit report?
Auto loans typically remain on your credit report for approximately seven years from the date of the final payment or the date of default, depending on the loan’s status. For specific details about your credit report, it's best to consult with a credit reporting agency or an FSB Banker.
Can I refinance my existing auto loan with FSB?
Yes! FSB offers auto loan refinancing options that may help you secure a lower interest rate, reduce your monthly payments, or adjust your loan term.
To see if refinancing is the right move for you, speak with an FSB banker or use our refinancing calculator for a quick estimate.
Ready to Finance Your Next Car?
FSB is committed to putting dreams in driveways with competitive auto loans. Apply1 online today and take the first step toward a new vehicle!
Fuel Your Savings with FSB
Earn cashback or rewards on every purchase and save at the pump with an FSB Visa® credit card!
