Auto Refinance Calculator

It might be time to look at a different car loan.

Refinancing your car is all about going for the deal that works best for you. Use this auto refinance calculator to run the numbers and see what it will take to move to the next step.

Man smiling while using a laptop.

The Refinance Option

Fill in the boxes below to discover if you can save money by refinancing your current vehicle.

Current loan

$
$
%

New loan

$
mo
%

Please check the numbers


Monthly payment saving

0

Monthly payment

0(current)

0(new)


Interest saving

0

Interest payment

0(current)

0(new)


How Much Car Can I Afford?

Great question. Fill in the boxes below to help with the answer and determine what price you can afford to pay for a car.

$
mo
%
$

Please check the numbers


You may be able to afford a loan amount up to

0

A Little Extra

Fill in the boxes below to see how putting additional money toward your monthly payment may affect your payoff amount.

$
mo
%
mo
$
$

Please check the numbers


Loan term shortened by

0

Total interest saving

0

Estimate your monthly new or used car loan payment

This tool can help you figure out how much you might spend each month for your car.

$
mo
%
$

Please check the numbers


Your monthly payment would be

0

Change in Cost

To see the potential savings in fuel cost from your current vehicle to a new one, fill in the blanks below.

MPG
MPG
miles
$/gal
Avg. regular fuel price is

Please check the numbers


Annual fuel savings with the new car

0

*APR is the Annual Percentage Rate or the cost of your credit at a yearly rate.

Refinancing an auto loan has the potential to change the terms of anyone’s car loan, and it all starts by running the numbers using an auto refinance calculator to see what is possible. There is a key concept that many people look for in an auto loan: lower. Usually this means either lower payments or a lower APR (annual percentage rate). If either of these is achieved through refinancing, they may possibly result in lower payments. When exploring this as an option, the easy way to get informed is to simply use the car refinance calculator above to find out what numbers would be required, in all of the key variables, to result in a refinanced car loan that works right for you. You can think of an auto refinance calculator as a financial simulator that you can use to test the waters and see how different interest rates and loan terms will impact your monthly payment and overall loan. Once you calculate the numbers using your existing loan terms, and then look at how changing the variables changes the loan, you can become ready to make an informed decision. And when you see the deal you’re looking for apply here, and see what RoadLoans can offer you.

These statements are merely informational suggestions only and should not be construed as legal, accounting, or professional advice, nor are they intended as a substitute for legal or professional guidance.


RoadLoans is not a credit counseling service and makes no representations about the responsible use of or restoration of consumer credit.


  • Cars that may be refinanced What is refinancing a car?- If you're new to the whole world of refinancing a car loan, there are lots of things to learn and understand.
  • How to refinance a car loan- Refinancing a car can save hundreds, even thousands of dollars over the life of a loan. The process is quick, easy and normally free, too – not like refinancing a home. But there’s more to consider when you’re thinking about a new loan, and it’s best to start with a simple question. Does refinancing make sense for me? Here are some situations in which it may be a good idea: Interest rates drop If interest rates have fallen since you took out the original loan, and you can get a new rate at least one percentage point below your current APR, you may make a decent saving. Your credit score...
  • Refinancing your auto loan with cash back- How would you like to refinance your auto loan and get up to $5,000 out to spend on other things? Apply for cash-back auto refinancing with RoadLoans and you may be eligible to do just that.* Cash-back auto refinance allows customers to tap into the equity of their vehicle to receive a lump sum payment while changing the terms of their loan. And that money can be used as they please – whether to pay down higher interest debts, pay off medical bills or make a big-ticket purchase. Advantages of cash-back auto refinance Get better terms and cash back, too Cash-back refinancing may enable you to improve your auto loan...