Enter your current loan and up to four refi quotes to see which offer saves the most overall.
Enter your current loan and up to four refi quotes to see which offer saves the most overall.
Your current loan
From your lender portal: remaining balance or payoff quote, current APR, and monthly payment (not optional extra).
On your portal: Remaining balance or Principal balance on the loan summary.
Payoff amount or 10-day payoff — often slightly higher than balance. Used as the refi amount when entered.
Interest rate on loan details or your monthly statement.
Payment amount due each month — not including optional extra.
Refi offers
Add each quote you received. We calculate the payment from rate and term.
Lowest refi payment
$98.76
Every offer entered costs more overall than keeping your current loan — a lower payment may still cost more long-term.
Credit union 48 mo · refi amount $20,000.00
Credit union 48 mo wins on both payment and total cost among the offers you entered.
Keeping your current loan means about $400.00/mo for 58 more months and roughly $23,072.27 total from today. Each refi row uses $20,000.00 as the amount financed.
Side-by-side comparison
| Keep current | Credit union 48 moLowest total cost | Bank 60 mo | Online lender 72 mo | |
|---|---|---|---|---|
| Monthly payment | $400.00 | $98.76 | $102.81 | $104.55 |
| Time left | 58 mo | 576 mo | 720 mo | 864 mo |
| Total cost from today | $23,072.27 | $56,885.76 | $74,023.20 | $90,331.20 |
| Interest from today | $3,072.27 | $36,885.76 | $53,724.20 | $70,331.20 |
| vs current (total) | — | Costs $33,813.49 more | Costs $50,950.93 more | Costs $67,258.93 more |
| Break-even (fees) | — | — | 2 mo | — |
Side-by-side comparison
| Keep current | Credit union 48 moLowest total cost | Bank 60 mo | Online lender 72 mo | |
|---|---|---|---|---|
| Monthly payment | $400.00 | $98.76 | $102.81 | $104.55 |
| Time left | 58 mo | 576 mo | 720 mo | 864 mo |
| Total cost from today | $23,072.27 | $56,885.76 | $74,023.20 | $90,331.20 |
| Interest from today | $3,072.27 | $36,885.76 | $53,724.20 | $70,331.20 |
| vs current (total) | — | Costs $33,813.49 more | Costs $50,950.93 more | Costs $67,258.93 more |
| Break-even (fees) | — | — | 2 mo | — |
This calculator compares your current auto loan against up to four refinance quotes in one table. Enter what you owe today, your current payment and APR, then add each refi offer’s rate, term, and optional fees. We compute the new payment and total cost from today forward so you can see whether a lower payment still saves money overall.
For the amount being refinanced, use your payoff quote if you have one — it is often slightly higher than the remaining balance because of daily interest. If you only have the balance, that works too. Fees such as origination or title costs are rolled into the new loan for the total-cost comparison and used for a simple break-even estimate when the new payment is lower.
The lowest monthly payment and the lowest total cost can be different offers. A longer term almost always lowers the payment but can cost more in interest over time. Use the comparison table to see both before you apply.
A payoff quote is the exact amount your lender needs to close the loan today, often called a 10-day payoff. It is usually a little higher than your remaining balance because interest accrues daily.
Use the payoff quote when you have it — that is what the new lender needs to pay off the old loan. If you only see a remaining balance, start there; the difference is usually small for planning.
Spreading the same balance over more months lowers each payment but adds interest. A 72-month refi can beat your current payment and still cost thousands more than a shorter offer.
Include lender origination fees, title fees, or other closing costs you would roll into the new loan. Leave fees at $0 if the quote already reflects a net amount or you are comparing payment only.