Finance Tools
Auto Loan Refinance Calculator
Compare your current auto loan with a refinance offer and see how your monthly payment and total interest change.
Compare your existing auto loan with a refinance offer. See how your monthly payment and total interest change with a new rate and term.
How to use this auto loan refinance calculator
- Enter your remaining auto loan balance.
- Enter your current interest rate (APR) and remaining term in years.
- Enter the new refinance interest rate and new loan term.
- Click Compare refinance to see the difference in monthly payment and total interest.
Example
For a $20,000 remaining balance at 8% APR with 4 years left, refinanced to 5% over 5 years, this calculator shows:
- Your current monthly payment and total interest over the remaining term.
- Your new monthly payment and total interest after refinancing.
- The difference in interest cost so you can see whether refinancing saves money.
More tools in Finance Tools
- Loan Payment Calculator
Calculate monthly payment for a fixed-rate loan.
- Refinance Calculator
Compare your current mortgage with a new refinance offer and see monthly savings, total interest saved, and breakeven point.
- Loan Calculator
Calculate monthly payment, total interest, and total cost for a fixed-rate loan.
- APR Calculator
Estimate the annual percentage rate (APR) for a loan, including upfront fees and closing costs.