See how much you can save by refinancing your car loan. Calculate new payment, total savings, and break-even point. Refinancing can make sense if rates have dropped or your credit improved. No signup required.
See how much lower your new payment could be.
Understand total interest saved over the loan.
See when refinancing pays for itself.
Compare current rate to new rate.
See impact of shortening or extending the term.
Side-by-side current vs new payment.
See how much you could save by refinancing your car loan at a lower rate.
Check current rates at banks, credit unions, and online lenders
Some lenders charge no fees - shop around!
You could save $860 over the life of your loan.
After 11 months, your savings start accumulating.
Refinancing can make sense if rates have dropped, your credit improved, or you want to lower your payment or shorten the term.
It's harder to refinance when you're upside-down. Many lenders won't refinance or may only refinance up to a certain loan-to-value.
Use our negative equity calculator to see your position. Paying down the balance first can improve your options.
Common questions about this tool
Refinancing can make sense if rates have dropped, your credit improved, or you want to lower your payment or shorten the term. Compare new rate and term to your current loan to see savings.
It’s harder. Many lenders won’t refinance when you’re upside-down, or they may only refinance up to a certain loan-to-value. Paying down the balance first can improve your options.
Calculate your monthly payment with amortization schedule and total interest.
Calculate monthly lease payment, money factor, and total lease cost.
Use the 10-15% rule to find your car budget based on income.
Check your estimated auto loan rate and approval likelihood.