Calculate how much you could save by refinancing your car loan with a lower interest rate.
✅ Refinancing makes sense! You could save $1,670.19 over the life of the loan. You'll break even in 0.0 months.
Current Loan Balance: The amount you still owe on your car loan.
Current APR: Your existing interest rate (check your loan statement).
New APR: The rate you can qualify for with a new lender.
Refinance Fee: Any fees charged by the new lender (some offer no-fee refinancing).
Break-Even Point: How long it takes to recover the refinance fee through monthly savings.
