Auto Refinance Calculator

Refinance Calculator

Empower Yourself with Accurate
Loan Estimates

Our Auto loan Refinance calculator is a powerful tool designed to assist you in making informed financial



Monthly Saving


Yearly Saving

In-depth Analysis for Informed Auto Refinancing decisions

Welcome to our comprehensive loan reviews section, where we provide you with detailed and unbiased analyses of the best auto refinance companies.
Auto Approve – Auto Refinance

Auto Approve – Auto Refinance

More Money For What Matters Most

  • Nation's most competitive rates
  • Payment isn't due for 45-90 days.
  • Very Fast Response.
  • Average savings $1600/year.
AUTOPAY – Auto Refinance

AUTOPAY – Auto Refinance

Refinance Your Auto Loan and Save.

  • Online Pre-Approval.
  • Everything Done Online.
  • Good Customer Service.
  • Average customer savings $900/year.
Caribou – Auto Refinance

Caribou – Auto Refinance

Take Control Of Your Auto Payments

  • Co-Borrowers Welcome
  • Qualify Same Day
  • Online Support
  • Multiple Loan Options
Tresl – Auto Finance

Tresl – Auto Finance

Cross Over To A Better Auto Loan

  • Pre-Approval
  • Dedicated Sales Rep
  • Very Fast Resposne
  • Good Customer Service
RateGenius – Auto Refinance

RateGenius – Auto Refinance

Refinance Your Auto Loan and Save

  • Interest Rates Starting 5.50%
  • Educational Resources
  • Fast Resposne
  • Average Customer Savings

Use the auto loan refinance calculator to find potential savings

BestAutoRefinance.ai’s auto refinance calculator can help you determine how much you could save on interest, monthly payments or both.

Simply enter the details of your current loan: your monthly payment, remaining balance, interest rate and the remaining loan term.
After figuring out what adjusted term and interest rate work best for you and your wallet, compare lenders that offer auto refinance.

Use our Artificial Intelligent engine to select the best lender lenders that fits your needs in your area,

What refinancing is and how it works

Refinancing allows you to replace your current loan with a new one. If you can qualify for lower rates and opt for a shorter — or equivalent — term, you may reduce your monthly payment and the total amount of interest you pay.

While many can qualify for better rates through refinancing, it’s not always the case. Lenders may require you to meet specific requirements to refinance, including:

Refinancing your auto loan can be a smart financial move, but it does come with some risk. If you refinance at a similar rate but choose a longer repayment term, you increase the chance of becoming “upside down” on the loan. To avoid this, steer clear of lengthy terms, even though smaller monthly payments may be appealing. Carefully weigh the pros and cons before making a decision to refinance your auto loan.

When should you refinance an auto loan?

Is now the right time to refinance your auto loan? Refinancing could save you money if any of these apply:

How to apply for an auto refinance loan

The process of refinancing your auto loan is similar to applying for your initial vehicle loan. Follow these five steps before signing off on a new refinanced auto loan.
Compare your current monthly cost with potential savings from the refinancing process.
Understand your current rate and loan term to determine how much you will pay in interest.
The better your credit score, the more competitive your rate will likely be. Take the time to improve your score before applying.
Use tools like Kelley Blue Book and Edmunds to find out how much your car is worth.
To find which loan is right for your needs, consider how updated loan terms will play into your expected monthly cost and whether a prepayment penalty will negate your savings.
Once you decide on the right loan for your needs, it’s smart to organize the necessary documents. These include things like proof of income, insurance and vehicle details.

Next steps

The key to finding the best auto loan is spending within your means. For many drivers, refinancing is a great way to adjust your current loan to better fit your monthly budget. Take advantage of the calculator to understand what a new loan would look like for you and your wallet and compare at least three different lenders.