Vehicle Refinancing Calculator

Current Vehicle Financing Details

Please enter the details of your current financing arrangement below

Balance of Loan - Please check your monthly finance statement

R

Current Repayment

R

Balloon Amount

R

Interest Rate

( Min : 2 - Max : 30 ) 9

Remaining Term (Months)

( Min : 6 - Max : 72 ) 24

Adjusted Financing Scenario

Please select which refinancing options you would like to adjust in your refinancing arrangement

Reduce Interest Rate by 2%Add a 10% Balloon PaymentExtend Term by 12 months

Adjusted Financing Results

New Repayment:

Monthly Savings:

Disclaimer: This calculator is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates, and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. AA Inform does not accept liability for any damages arising from the use of this calculator.

Using our Refinancing Calculator

Our car refinancing calculator is a helpful tool that allows you to estimate the potential savings you could achieve by refinancing your car loan. To use a car refinancing calculator, follow these steps:

Before using the calculator, you will need to gather some information about your current car loan. This includes the current balance of your loan, the interest rate, and the remaining term.

Once you have your loan details, enter them into the car refinancing calculator. You will typically need to input the current balance of your loan, the interest rate, and the remaining term.

Next, enter the details of the refinancing loan that you are considering. This includes the new interest rate, the loan term, and any associated fees.

Entering all the required information, the calculator will display the estimated savings you could achieve by refinancing your car loan. It may also provide you with a breakdown of the monthly payments and the total cost of the new finance option.