Car Loan Refinance Calculator
Compare refinancing options, calculate savings with extra payments, and analyze balloon payment loans
Current Loan Details
New Loan Details
Refinance Results
Monthly Savings
$18.59
Total Interest Saved
$1,141.68
Total Savings
$641.68
Break-Even Months
27
Current Monthly Payment
$600.00
New Monthly Payment
$581.41
New Loan Payment Schedule
| Month | Payment Date | Principal | Interest | Total Payment | Balance |
|---|---|---|---|---|---|
| 1 | November 1, 2025 | $466.83 | $114.58 | $581.41 | $24,533.17 |
| 2 | December 1, 2025 | $468.97 | $112.44 | $581.41 | $24,064.20 |
| 3 | January 1, 2026 | $471.12 | $110.29 | $581.41 | $23,593.09 |
| 4 | February 1, 2026 | $473.28 | $108.13 | $581.41 | $23,119.81 |
| 5 | March 1, 2026 | $475.45 | $105.97 | $581.41 | $22,644.36 |
| 6 | April 1, 2026 | $477.63 | $103.79 | $581.41 | $22,166.74 |
| 7 | May 1, 2026 | $479.81 | $101.60 | $581.41 | $21,686.92 |
| 8 | June 1, 2026 | $482.01 | $99.40 | $581.41 | $21,204.91 |
| 9 | July 1, 2026 | $484.22 | $97.19 | $581.41 | $20,720.69 |
| 10 | August 1, 2026 | $486.44 | $94.97 | $581.41 | $20,234.24 |
| 11 | September 1, 2026 | $488.67 | $92.74 | $581.41 | $19,745.57 |
| 12 | October 1, 2026 | $490.91 | $90.50 | $581.41 | $19,254.66 |
| 13 | November 1, 2026 | $493.16 | $88.25 | $581.41 | $18,761.50 |
| 14 | December 1, 2026 | $495.42 | $85.99 | $581.41 | $18,266.08 |
| 15 | January 1, 2027 | $497.69 | $83.72 | $581.41 | $17,768.39 |
| 16 | February 1, 2027 | $499.97 | $81.44 | $581.41 | $17,268.41 |
| 17 | March 1, 2027 | $502.26 | $79.15 | $581.41 | $16,766.15 |
| 18 | April 1, 2027 | $504.57 | $76.84 | $581.41 | $16,261.58 |
| 19 | May 1, 2027 | $506.88 | $74.53 | $581.41 | $15,754.70 |
| 20 | June 1, 2027 | $509.20 | $72.21 | $581.41 | $15,245.50 |
| 21 | July 1, 2027 | $511.54 | $69.88 | $581.41 | $14,733.96 |
| 22 | August 1, 2027 | $513.88 | $67.53 | $581.41 | $14,220.08 |
| 23 | September 1, 2027 | $516.24 | $65.18 | $581.41 | $13,703.84 |
| 24 | October 1, 2027 | $518.60 | $62.81 | $581.41 | $13,185.24 |
| 25 | November 1, 2027 | $520.98 | $60.43 | $581.41 | $12,664.26 |
| 26 | December 1, 2027 | $523.37 | $58.04 | $581.41 | $12,140.89 |
| 27 | January 1, 2028 | $525.77 | $55.65 | $581.41 | $11,615.13 |
| 28 | February 1, 2028 | $528.18 | $53.24 | $581.41 | $11,086.95 |
| 29 | March 1, 2028 | $530.60 | $50.82 | $581.41 | $10,556.36 |
| 30 | April 1, 2028 | $533.03 | $48.38 | $581.41 | $10,023.33 |
| 31 | May 1, 2028 | $535.47 | $45.94 | $581.41 | $9,487.86 |
| 32 | June 1, 2028 | $537.93 | $43.49 | $581.41 | $8,949.93 |
| 33 | July 1, 2028 | $540.39 | $41.02 | $581.41 | $8,409.54 |
| 34 | August 1, 2028 | $542.87 | $38.54 | $581.41 | $7,866.67 |
| 35 | September 1, 2028 | $545.36 | $36.06 | $581.41 | $7,321.31 |
| 36 | October 1, 2028 | $547.86 | $33.56 | $581.41 | $6,773.46 |
| 37 | November 1, 2028 | $550.37 | $31.05 | $581.41 | $6,223.09 |
| 38 | December 1, 2028 | $552.89 | $28.52 | $581.41 | $5,670.20 |
| 39 | January 1, 2029 | $555.42 | $25.99 | $581.41 | $5,114.78 |
| 40 | February 1, 2029 | $557.97 | $23.44 | $581.41 | $4,556.81 |
| 41 | March 1, 2029 | $560.53 | $20.89 | $581.41 | $3,996.28 |
| 42 | April 1, 2029 | $563.10 | $18.32 | $581.41 | $3,433.19 |
| 43 | May 1, 2029 | $565.68 | $15.74 | $581.41 | $2,867.51 |
| 44 | June 1, 2029 | $568.27 | $13.14 | $581.41 | $2,299.24 |
| 45 | July 1, 2029 | $570.87 | $10.54 | $581.41 | $1,728.37 |
| 46 | August 1, 2029 | $573.49 | $7.92 | $581.41 | $1,154.88 |
| 47 | September 1, 2029 | $576.12 | $5.29 | $581.41 | $578.76 |
| 48 | October 1, 2029 | $578.76 | $2.65 | $581.41 | $0.00 |