Auto Refinance Calculator


Auto Refinance Calculator to calculate how much interest savings that you can save by refinancing your car. The car refinance calculator will show you the new monthly payment with amortization schedule that breaks down all the interest and principal payments.

Car Refinance Calculator

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



Car Refinance Calculator Results

New Monthly Payment:
$336.78
Payoff Date:
May, 2031
Total Interest Savings:
$1,422.45

Car Refinance Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Jun, 2026 1 $38.79 $297.99 $336.78 $18,702.01
Jul, 2026 2 $38.18 $298.60 $336.78 $18,403.41
Aug, 2026 3 $37.57 $299.21 $336.78 $18,104.21
Sep, 2026 4 $36.96 $299.82 $336.78 $17,804.39
Oct, 2026 5 $36.35 $300.43 $336.78 $17,503.96
Nov, 2026 6 $35.74 $301.04 $336.78 $17,202.91
Dec, 2026 7 $35.12 $301.66 $336.78 $16,901.25
Jan, 2027 8 $34.51 $302.27 $336.78 $16,598.98
Feb, 2027 9 $33.89 $302.89 $336.78 $16,296.09
Mar, 2027 10 $33.27 $303.51 $336.78 $15,992.58
Apr, 2027 11 $32.65 $304.13 $336.78 $15,688.45
May, 2027 12 $32.03 $304.75 $336.78 $15,383.70
Jun, 2027 13 $31.41 $305.37 $336.78 $15,078.32
Jul, 2027 14 $30.78 $306.00 $336.78 $14,772.33
Aug, 2027 15 $30.16 $306.62 $336.78 $14,465.71
Sep, 2027 16 $29.53 $307.25 $336.78 $14,158.46
Oct, 2027 17 $28.91 $307.87 $336.78 $13,850.59
Nov, 2027 18 $28.28 $308.50 $336.78 $13,542.08
Dec, 2027 19 $27.65 $309.13 $336.78 $13,232.95
Jan, 2028 20 $27.02 $309.76 $336.78 $12,923.19
Feb, 2028 21 $26.38 $310.40 $336.78 $12,612.79
Mar, 2028 22 $25.75 $311.03 $336.78 $12,301.76
Apr, 2028 23 $25.12 $311.67 $336.78 $11,990.10
May, 2028 24 $24.48 $312.30 $336.78 $11,677.79
Jun, 2028 25 $23.84 $312.94 $336.78 $11,364.86
Jul, 2028 26 $23.20 $313.58 $336.78 $11,051.28
Aug, 2028 27 $22.56 $314.22 $336.78 $10,737.06
Sep, 2028 28 $21.92 $314.86 $336.78 $10,422.20
Oct, 2028 29 $21.28 $315.50 $336.78 $10,106.70
Nov, 2028 30 $20.63 $316.15 $336.78 $9,790.55
Dec, 2028 31 $19.99 $316.79 $336.78 $9,473.76
Jan, 2029 32 $19.34 $317.44 $336.78 $9,156.32
Feb, 2029 33 $18.69 $318.09 $336.78 $8,838.23
Mar, 2029 34 $18.04 $318.74 $336.78 $8,519.50
Apr, 2029 35 $17.39 $319.39 $336.78 $8,200.11
May, 2029 36 $16.74 $320.04 $336.78 $7,880.07
Jun, 2029 37 $16.09 $320.69 $336.78 $7,559.38
Jul, 2029 38 $15.43 $321.35 $336.78 $7,238.03
Aug, 2029 39 $14.78 $322.00 $336.78 $6,916.03
Sep, 2029 40 $14.12 $322.66 $336.78 $6,593.36
Oct, 2029 41 $13.46 $323.32 $336.78 $6,270.05
Nov, 2029 42 $12.80 $323.98 $336.78 $5,946.07
Dec, 2029 43 $12.14 $324.64 $336.78 $5,621.42
Jan, 2030 44 $11.48 $325.30 $336.78 $5,296.12
Feb, 2030 45 $10.81 $325.97 $336.78 $4,970.15
Mar, 2030 46 $10.15 $326.63 $336.78 $4,643.52
Apr, 2030 47 $9.48 $327.30 $336.78 $4,316.22
May, 2030 48 $8.81 $327.97 $336.78 $3,988.25
Jun, 2030 49 $8.14 $328.64 $336.78 $3,659.61
Jul, 2030 50 $7.47 $329.31 $336.78 $3,330.30
Aug, 2030 51 $6.80 $329.98 $336.78 $3,000.32
Sep, 2030 52 $6.13 $330.66 $336.78 $2,669.66
Oct, 2030 53 $5.45 $331.33 $336.78 $2,338.33
Nov, 2030 54 $4.77 $332.01 $336.78 $2,006.33
Dec, 2030 55 $4.10 $332.68 $336.78 $1,673.64
Jan, 2031 56 $3.42 $333.36 $336.78 $1,340.28
Feb, 2031 57 $2.74 $334.04 $336.78 $1,006.23
Mar, 2031 58 $2.05 $334.73 $336.78 $671.51
Apr, 2031 59 $1.37 $335.41 $336.78 $336.09
May, 2031 60 $0.69 $336.09 $336.78 $0.00

Original vs. Car Refinance

Original Car Refinance
Monthly Payment $380.00 $336.78
Total Interest $2,629.32 $1,206.87
Total Principal $19,000.00 $19,000.00
Total Payment $21,629.32 $20,206.87
Total Interest Savings $0 $1,422.45
Payoff Date Feb, 2031 May, 2031




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