Today’s lowest auto loan refinance rate
As low as
4.13% APR
To qualify for the lowest rate, you must meet the following conditions:
- A loan for $30,000 or more
- A term of 60 months or less
- A credit score of 640 or higher
- A vehicle less than 2 years old
Should I refinance my auto loan?
Depending on your unique situation, your reason to refinance may vary. Here are a few reasons why many people choose an auto loan refinance.
Lower your interest rate
If you qualify for a lower interest rate, you could save money over the remaining duration of your auto loan.
Pay your loan off sooner
Your monthly payment may increase, but you’ll make fewer payments overall and may pay less interest in the long term.
Lower your monthly payment
Refinancing could help you keep your vehicle but lower your payment to better fit your monthly budget.
Disclosure
Refinancing is available in the following states: Arizona, Arkansas, California, Colorado, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Missouri, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, Oregon, South Dakota, Tennessee, Utah, Washington, Wisconsin.
To be eligible for refinance, the existing loan must have been obtained at least 120 days prior to submitting your refinance application.
There may be title and/or registration fees which are determined by state.
Footnote 4
Monthly payment and annual percentage rate (APR) will vary based on the term, amount financed, model year, loan-to-value (LTV) percentage, credit history and applicable fees. Payment example: for an amount financed of $30,000 on a 1 year old vehicle over a 60-month term with a $100 origination fee, monthly payments would be $416.22 at an annual percentage rate (APR) of 8.55%.
Offers are subject to credit approval. Rates are subject to change. Additional restrictions may apply. Member FDIC.