Auto Loan Refinancing
Now You Can Love Your Ride And Your Rate!
Make Your Loan Rate And Payment As Great As Your Ride.
Happy with your ride but not your monthly loan payment? Perhaps you got a great deal but not the best auto loan from the dealer. No worries, we can help. Refinance your loan with AFFCU and we can help lower your rate and your monthly payment. You pocket the savings!
No Application Fees
Lower Monthly Payments
Increased Savings
Check Out Our Everyday Great Low Rates
|
Term |
APR as low as* |
Monthly Payment per $1,000 |
|---|---|---|
|
A used vehicle is classified as a vehicle one or more years older than current model year, or current model year vehicle with over 5,000 miles. |
||
|
Term Up to 60 months |
APR as low as* 3.74% |
Monthly Payment per $1,000 $18.30 |
|
Term 72 months** |
APR as low as* 4.74% |
Monthly Payment per $1,000 $15.98 |
|
Term 84 months** |
APR as low as* 5.24% |
Monthly Payment per $1,000 $14.25 |
Is Refinancing Right For Me?
Much like refinancing a mortgage, an auto refinance essentially replaces your existing loan with a new loan and different terms. This can be used in your favor, but only if it’s done in the right situation and at the right time.
Reasons for auto refinancing include:
- lowering your monthly payments
- decreasing the interest you have to pay
- getting new loan terms that make more sense for your financial situation
When Is The Best Time For An Auto Loan Refinance?
There are many benefits to refinancing a car loan, but it’s important to know when the timing is right. The following indicators may help you decide if an auto refinance in Baltimore, MD is right for you.
- Your credit has improved
- Your financial situation has improved
- The market has shifted and rates are lower
- You’ve had budget changes and need to reduce payments
Calculate Your Potential Refinance Savings
Should I refinance my auto loan at a lower rate?
Results
| New Monthly Payment | $____ |
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When Is The Best Time To Refinance A Car?
Refinancing your auto loan can save you money. But how do you know when it is the right time to refinance and if you will qualify?
Stash Your Extra Savings
After you refinance, take those extra payment savings and pay yourself. Consider opening an Add & Earn Share Certificate.