But the good news doesn’t stop there. With Jerry, you can now shop for auto refinance quotes from dozens of lenders to make it easier to pay off your financed vehicle.

Calculate your APR

Here’s a handy tool to help you calculate your approximate loan interest rate:

Loan Amount

Credit Rating

Average Annual Interest Rate	Average Monthly Payment
8.45	$362

KeyBank auto loans overview

KeyBank is a regional bank that operates in 15 states with headquarters in Cleveland.

KeyBank offers new and used auto loans, as well as auto refinancing, on a variety of vehicle types, including motorcycles and RVs.

Here’s everything you need to know about KeyBank auto loans:

Starting APR: Varies
Minimum loan amount: $5,000
Loan terms: Up to 72 months
Application fee: No
Prepayment penalty: Yes
How to apply: Online, over the phone, or in-person at a local branch

KeyBank auto loan pros	KeyBank auto loan cons
Discount available when you sign up for autopay from a KeyBank account.	$150 fee for early prepayment
—-	Only available in 15 states
—-	$125 origination fee included on loans for motorcycles, boats, and RVs

What kind of auto loans does KeyBank offer?

Loan types

KeyBank offers auto loans for new and used vehicles, including cars, motorcycles, boats, and RVs.

KeyBank also offers auto loan refinancing, which is a new loan you can take out to pay off your existing loan at a more favorable interest rate.

How much do they cost?

Interest rates vary depending on the vehicle type, loan terms, loan amount, and your credit history.

Who is eligible?

To be eligible for a KeyBank auto loan, you must:

Be at least 18 years old
Provide any requested financial documents

You also must be a resident of one of the following states:

Alaska
Colorado
Connecticut
Idaho
Indiana
Massachusetts
Maine
Michigan
New York
Ohio
Oregon
Pennsylvania
Utah
Vermont
Washington

Getting a quote

Application requirements

If you have an existing account with KeyBank, you can apply via your online account. Otherwise, you will need to provide the following information:

Date of birth
Address
Social Security number
ID card
Employment status
Co-signer information (if applicable)

A KeyBank representative will contact you with a loan offer if your application is approved. If it’s declined, you will receive an explanation in the mail within 10 business days.

Financing amount

KeyBank offers auto loans starting from $5,000.

Refinancing your KeyBank auto loan

KeyBank also offers refinancing on auto loans from other lenders.

It might be a good idea to refinance your existing loan if:

You can no longer afford your monthly payments
Your interest rate is too high
You have improved your credit score since getting the loan

What if KeyBank isn’t the right choice for you?

The terms KeyBank will offer you depend on a number of factors, including your credit score, debt-to-income ratio, down payment, and income.

To make sure you’re getting the best terms on your new loan, it’s important to shop around.

Jerry is a super app that helps you save on all your car-related expenses, including auto loan refinancing. Jerry can help you quickly compare rates and find the best deal.

Here are average rates from some of the most popular lenders:

Lender	Starting APR	Terms (months)	Loan amount
Bank of America	2.59%	48–72	$7,500+
Lightstream	2.49%	24–84	$5,000–$100,000
myAutoLoan	2.49%	24–72	$8,000+
Carvana	3.9%	36–72	$1,000–$85,000
Capital One	3.99%	36–72	$4,000–$50,000