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Get on the road to lowering your car loan payments or paying off your car in no time.

  1. Step 1

    Review Your Current Loan

    You’ll need to know the terms of your current loan to determine how much you can save.

    • How much do you owe on your current loan?
    • Are there any penalties or fees for paying off your loan early?
  2. Step 2

    Gather Car and Loan Documents

    You may need:

    • Your 17-character Vehicle Identification Number (VIN)
    • The exact mileage of your car
    • The state the car is registered in
    • The 14-day payoff amount
    • The lender's name
    • The lender's phone number
    • Your loan number
  3. Step 3

    Calculate Your Savings

    • On average, our members save $62 per month by refinancing their auto loan with Navy Federal. That’s more than $700 per year in savings.1
    • To view our great rates, visit our Auto Refinancing page.
  4. Step 4


    • Fill out the refinancing lender’s application using the information from step 1.
    • If approved, the lender should help you through the process of paying off your existing loan and transferring your car’s title.2

    Ready to get started?

    Apply Now for an auto refinance loan



Monthly payment savings is based on the average monthly payments our members experienced with their new auto loan booked between January and April 2020 compared to their prior loan payments with another lender. Monthly payment reduction may result from a lower interest rate, a longer term, or both. Your actual savings may be different.


Credit and collateral subject to approval.