Auto Loan Refinance Calculator
Calculate your potential Auto Loan savings.
An auto loan refinance is when you take out a new auto loan to pay off your existing loan and receive more favorable terms. Refinancing is a common practice, and often happens when interest rates drop. If you received your auto loan from another financial institution when rates were higher, refinancing could allow you to secure better loan terms with lower interest rates or a different loan duration, potentially reducing your monthly payments2 or the total interest you pay over the lifetime of the loan. This can allow you to pay off your car faster or free up cash for your monthly budget.
Our easy-to-use Auto Loan Refinance Calculator can help you quickly compare your current auto loan with another bank or credit union with a new loan at a different rate. Just enter your current loan information and see how much you could potentially save on both your monthly payment and total interest with a new interest rate. At California Credit Union, we currently offer competitive auto rates as low as 4.74% APR1.
Ready to Refinance Your Auto Loan With California Credit Union?
From better loan terms, lower monthly payments or the ease and comfortability of a different, trusted lender, there are a number of reasons why refinancing your auto loan could be a good move for you and your financial flexibility.
At California Credit Union, we offer three convenient ways to start the refinancing process. You can complete your application online through our secure website, speak with a loan specialist over the phone for personalized guidance or visit any branch location for in-person assistance.
All loans subject to approval. Rates, terms and conditions are subject to change.
Interest will accrue from contract date. Your overall creditworthiness will determine the days to first payment, rate, term and amount available to you. All loans subject to approval and acceptable collateral. Rates, terms and conditions are subject to change and are not available to refinance an existing California Credit Union auto loan. Fees and charges may apply.
California Credit Union cannot and does not guarantee the accuracy or the applicability to your individual circumstances. All examples are hypothetical and are for illustrative purposes. Calculator results are estimates based on information you provided and California Credit Union does not guarantee your ability to receive these terms. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
1APR = Annual Percentage Rate.
2Payment Example for qualified buyers based at 4.74% APR for 36 months per $1,000 borrowed with 90 days to first payment: 35 monthly payments of $30.09 and one final payment of $29.71. Rates, terms and conditions are subject to change and are not available to refinance an existing California or North Island Credit Union auto loan. Your overall credit worthiness will determine the rate, term and amount available to you. Fees and charges may apply..
