Should I refinance my car loan?

Car loans are short, so a refinance has less time to pay off than a mortgage does. Enter your current loan and the offer to see the monthly savings, the real interest savings, and whether a longer term is quietly undoing both.

Your current loan

TODAY

Current balance

Current rate

Payment

Months remaining

Car's value

The refinance offer

PROPOSED

New rate

New term

Fees

Title transfer and registration fees are typical; many auto refinances have no lender fee.

Roll fees into the new loan

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Enter your balance, payment, and months remaining to compare offers.

Save or send these numbersEmail

All four happen in your browser. Your figures are not sent anywhere — the email opens in your own mail app, already filled in.

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Track what a vehicle is worth each year, and when you are underwater.

What rolled-in fees do to a depreciating assetA written guide to the rules behind this calculator →

For educational purposes only and not a commitment to lend. Refinancing depends on credit, vehicle age and mileage, and loan-to-value limits. Check your current loan for prepayment penalties and confirm whether it uses simple interest or a precomputed balance.