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 | — |
Enter your current balance or, preferably, the lender's payoff quote, current rate and payment, and each refinance offer's rate, term, and fees. A payoff quote can exceed a statement balance because interest continues to accrue.
The tool estimates remaining cost on the current loan from today and amortizes each new offer, including fees rolled into the new balance. It compares monthly payments and total future cost; its fee break-even figure divides fees by monthly payment savings.
A lower refinance payment can still cost more in total when the term is longer. Compare savings and total cost from today, and use a current payoff quote for a closer comparison. The simple fee break-even figure does not capture every cash-flow or timing difference.
The comparison assumes the current and new loan payments follow their entered schedules. It treats fees as part of the new balance and does not model a cash payment of fees at signing.
Sources: CFPB: Compare auto loan offers