How to Calculate Your Car Loan Refinance Savings

Estimate your new repayments and what you will save by switching to a new car loan with our refinance calculator.

If you need help, contact our team of expert car loan brokers today!

1. Enter Current Loan Details

Enter your current car loan information as it is today. Your remaining loan term will be calculated automatically from your loan amount, interest rate, and repayments.

2. Enter New Loan Target

What will it take for it to be worthwhile refinancing? If your credit has improved in the last 12 months, then your new interest rate could be significantly lower.

3. Review Potential Refinance Savings

See your estimated loan repayments after refinancing and the amount you will save by switching over the life of the loan. You can go back to Step 2 if you would like to model different potential outcomes.

4. Compare Outcomes

The calculator will give you the interest costs of your loan over time. You need to compare this with any potential switching costs, such as an early repayment fee with your current lender. Not sure if it’s worthwhile? Get our expert brokers on the case and they can do this for you.

The Experts in Auto Finance

Our brokers will provide expert guidance to find the most suitable refinance options for your car loan.

Refinance Car Loans

Used Car Loans

Bad Credit Car Loans

New Car Loans

Commercial Car Loans

Low-Doc Car Loans

How does it work?

The Gusto Way

Fast track your refinance application and compare the best rates on the market. Our expert auto finance brokers will find the right deal for you today!

Free Quote

A no-obligation consultation where our expert car loan brokers will match you with the lenders that suit your needs.

Application

We prepare your auto finance application to the lender of choice to get you the best rate.

Approval

Sign the the contract and get approved in as little as 24 hours.

On Your Way

You’re ready to hit the streets in your new wheels!