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Auto Refinance Calculator


Are you looking to save money on your car loan? Use the auto refinance calculator to calculate how much money you can save on interest with a lower rate or term.

Car Refinance Calculator

Remaining Balance
$
Interest Rate
Current Monthly Payment
$
New Interest Rate
New Loan Terms
years

Auto Refinance Calculator

New Monthly Payment:
$478.11
Payoff Date:
Nov, 2029
Total Interest Savings:
$1,017.45


Auto Refinance Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Dec, 2024 1 $115.63 $362.48 $478.11 $24,637.52
Jan, 2025 2 $113.95 $364.16 $478.11 $24,273.36
Feb, 2025 3 $112.26 $365.84 $478.11 $23,907.52
Mar, 2025 4 $110.57 $367.53 $478.11 $23,539.99
Apr, 2025 5 $108.87 $369.23 $478.11 $23,170.75
May, 2025 6 $107.16 $370.94 $478.11 $22,799.81
Jun, 2025 7 $105.45 $372.66 $478.11 $22,427.15
Jul, 2025 8 $103.73 $374.38 $478.11 $22,052.77
Aug, 2025 9 $101.99 $376.11 $478.11 $21,676.66
Sep, 2025 10 $100.25 $377.85 $478.11 $21,298.81
Oct, 2025 11 $98.51 $379.60 $478.11 $20,919.21
Nov, 2025 12 $96.75 $381.35 $478.11 $20,537.85
Dec, 2025 13 $94.99 $383.12 $478.11 $20,154.74
Jan, 2026 14 $93.22 $384.89 $478.11 $19,769.84
Feb, 2026 15 $91.44 $386.67 $478.11 $19,383.17
Mar, 2026 16 $89.65 $388.46 $478.11 $18,994.72
Apr, 2026 17 $87.85 $390.26 $478.11 $18,604.46
May, 2026 18 $86.05 $392.06 $478.11 $18,212.40
Jun, 2026 19 $84.23 $393.87 $478.11 $17,818.53
Jul, 2026 20 $82.41 $395.70 $478.11 $17,422.83
Aug, 2026 21 $80.58 $397.53 $478.11 $17,025.30
Sep, 2026 22 $78.74 $399.36 $478.11 $16,625.94
Oct, 2026 23 $76.89 $401.21 $478.11 $16,224.73
Nov, 2026 24 $75.04 $403.07 $478.11 $15,821.66
Dec, 2026 25 $73.18 $404.93 $478.11 $15,416.73
Jan, 2027 26 $71.30 $406.80 $478.11 $15,009.93
Feb, 2027 27 $69.42 $408.69 $478.11 $14,601.24
Mar, 2027 28 $67.53 $410.58 $478.11 $14,190.67
Apr, 2027 29 $65.63 $412.47 $478.11 $13,778.19
May, 2027 30 $63.72 $414.38 $478.11 $13,363.81
Jun, 2027 31 $61.81 $416.30 $478.11 $12,947.51
Jul, 2027 32 $59.88 $418.22 $478.11 $12,529.29
Aug, 2027 33 $57.95 $420.16 $478.11 $12,109.13
Sep, 2027 34 $56.00 $422.10 $478.11 $11,687.03
Oct, 2027 35 $54.05 $424.05 $478.11 $11,262.97
Nov, 2027 36 $52.09 $426.01 $478.11 $10,836.96
Dec, 2027 37 $50.12 $427.99 $478.11 $10,408.97
Jan, 2028 38 $48.14 $429.96 $478.11 $9,979.01
Feb, 2028 39 $46.15 $431.95 $478.11 $9,547.05
Mar, 2028 40 $44.16 $433.95 $478.11 $9,113.10
Apr, 2028 41 $42.15 $435.96 $478.11 $8,677.15
May, 2028 42 $40.13 $437.97 $478.11 $8,239.17
Jun, 2028 43 $38.11 $440.00 $478.11 $7,799.17
Jul, 2028 44 $36.07 $442.04 $478.11 $7,357.14
Aug, 2028 45 $34.03 $444.08 $478.11 $6,913.06
Sep, 2028 46 $31.97 $446.13 $478.11 $6,466.92
Oct, 2028 47 $29.91 $448.20 $478.11 $6,018.73
Nov, 2028 48 $27.84 $450.27 $478.11 $5,568.46
Dec, 2028 49 $25.75 $452.35 $478.11 $5,116.10
Jan, 2029 50 $23.66 $454.44 $478.11 $4,661.66
Feb, 2029 51 $21.56 $456.55 $478.11 $4,205.11
Mar, 2029 52 $19.45 $458.66 $478.11 $3,746.46
Apr, 2029 53 $17.33 $460.78 $478.11 $3,285.68
May, 2029 54 $15.20 $462.91 $478.11 $2,822.77
Jun, 2029 55 $13.06 $465.05 $478.11 $2,357.72
Jul, 2029 56 $10.90 $467.20 $478.11 $1,890.52
Aug, 2029 57 $8.74 $469.36 $478.11 $1,421.15
Sep, 2029 58 $6.57 $471.53 $478.11 $949.62
Oct, 2029 59 $4.39 $473.71 $478.11 $475.91
Nov, 2029 60 $2.20 $475.91 $478.11 $0.00

Original vs. Car Refinance

Original Car Refinance
Monthly Payment $520.00 $478.11
Total Interest $4,703.82 $3,686.37
Total Principal $25,000.00 $25,000.00
Total Payment $29,703.82 $28,686.37
Total Interest Savings $0 $1,017.45
Payoff Date Sep, 2029 Nov, 2029



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