Save Money with the Auto Refinance Calculator
Discover how refinancing your car loan can lower your payments and reduce overall interest costs.
See How Much You Could Save by Refinancing Your Car Loan
Refinancing your auto loan is a smart way to reduce your monthly payments, secure a better interest rate, or adjust your loan terms to fit your budget. The Auto Refinance Calculator simplifies this process, showing how much you could save on monthly payments and total interest over the life of the loan.
Whether you’re looking to free up cash flow or pay off your loan faster, this tool provides the clarity and confidence you need to make an informed refinancing decision.
How to Use the Auto Refinance Calculator
1. Enter Your Current Loan Details: Start by inputting your remaining loan balance, current interest rate, and monthly payment.
2. Add Your New Loan Information: Provide the new interest rate and loan term for the refinanced loan.
3. Compare Results: See a side-by-side comparison of your current loan versus the refinanced loan, including potential savings in monthly payments and total interest costs.
4. Evaluate Your Options: Use the results to decide if refinancing aligns with your financial goals.
Ready to Refinance?
Contact a UCCU representative in each branch to see if a car refinance is the right step for you.
(801) 223-8188 | Branch Locations
Available M–F 8am–6pm, and Sat. 9am–2pm,
Why Refinance Your Auto Loan with UCCU?
Refinancing your car loan with UCCU offers unique benefits and personalized solutions:
1. Competitive Rates: Lower your interest rate and save money over the life of your loan.
2. Flexible Loan Terms: Choose from a variety of repayment options to match your financial goals.
3. Fast and Easy Process: UCCU makes refinancing straightforward with quick approvals and minimal paperwork.
4. No Hidden Fees: Transparent loan terms ensure you understand the costs and savings upfront.
5. Local Expertise: As a trusted community credit union, UCCU provides personalized support to help you make the best decision.
6. Online Tools: Use UCCU’s online calculators and account management tools to simplify the refinancing process.
Frequently Asked Questions
What is an auto refinance calculator?
An auto refinance calculator helps estimate the potential savings from refinancing your car loan, including monthly payment reductions and total interest savings.
When should I consider refinancing my auto loan?
You might consider refinancing if interest rates have decreased, your credit score has improved, or you need to adjust your loan terms to better fit your budget.
Does refinancing always save money?
Not always. Refinancing saves money if you secure a lower interest rate or shorten the loan term. However, extending the term may increase the total interest paid over time.
How accurate are the savings estimates?
The calculator provides estimates based on the details you enter. For precise numbers, consult with your lender or financial institution.
Are there fees associated with refinancing?
Some lenders may charge fees, such as application or origination fees. Be sure to factor these costs into your refinancing decision. UCCU does not charge fees to refinance auto loans.
Start Saving Today
Use our Auto Refinance Calculator now to explore your options, and refinance your car loan with UCCU to lower your payments, reduce interest, and achieve your financial goals!