How much can I save by refinancing my auto loan?

Refinancing your auto loan may provide a great opportunity to Shrink My Debt. By trading in your current loan for a better loan, you may be able reduce your rate and lower your monthly payment. Use this calculator to determine how much you can save by refinancing your auto loan.
Current loan balance ($) 
Current interest rate (%) 
Current monthly payment ($) 
Auto type (New=2014/2015 models) 
Estimated credit range 
Proposed interest rate (%) 

See Today's Auto Loan Rates

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This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

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