§ Tool · tier 1 · independent
Car Loan Refinance Calculator.
Calculate savings from refinancing your car loan to a better rate
CalculatorFree, no signupOn-deviceupd May 2026
Inputs
Your numbers
Awaiting inputs
Move the sliders or type in the form on the left — the math updates live as you go. Click Get AI verdict when you want a written analysis.
Stuck with a high-rate car loan? Rates may have dropped, or your credit may have improved. This calculator shows if refinancing makes sense after accounting for fees.
§ Worked examples
Real-world scenarios
Rate Drop Refinance
$22,000 balance at 11%, 36 months left. New offer: 7.5% for 36 months. $400 total fees.
Inputs
balance:22,000currentRate:11newRate:7.5fees:400
Current path: $720/month, $3,920 interest. Refinance: $685/month, $2,660 interest. Save $860 after fees!
§ FAQ
Questions Australians ask
§ GlossaryRefinancing Taking a new loan to pay off an existing loan, usually to get better terms. Exit Fee Penalty charged by some lenders for paying off a loan early. Break-Even Point How long until savings from the new rate exceed refinancing costs.