Auto Loan Refinancing
Great Auto Refinance RAtes
Refi rates as low as 3.89% APRFootnote [1] for new vehicles
Plus, get a $200 bonus when you refinance your auto loan of $5,000 or more from another lender.Footnote [2]
?qlt=80&wid=1600&ts=1762800945665&fmt=png-alpha&dpr=off "S06_TeenDriving_00806_nfcu_0523_1.CR3")
| Loan Term | 12-36 Months | 37-60 Months | 61-72 Months | 73-84 Months | 85-96 Months |
|---|---|---|---|---|---|
| New Auto Loan APR as low as | 3.89% | 4.29% | 4.59% | 6.49% | 7.39% |
| Used Auto Loan APR as low as | 4.79% | 5.29% | 5.39% | N/A | N/A |
- Advertised “as low as” annual percentage rates (APR) assume excellent borrower credit history. Your actual APR may differ and will be based upon several factors, including credit history, loan type, model year, mileage, term, and loan amount. Rates subject to change.
- Loan terms greater than 72 months only available for vehicles with fewer than 7,500 miles.
- Minimum loan amount is $30,000 for terms of 85-96 months.
Definitions
New Vehicles: 2024 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles). NOTE: Vehicles with 7,500 or more miles are not eligible for loan terms greater than 72 months and may incur rates that differ from vehicles with fewer than 7,500 miles.
Used Vehicles: 2023 and older model years or any model year with over 30,000 miles. Vehicles 20 years or older (based on model year) are considered classic or antique and subject to Other Eligible Vehicle rates.
- Competitive rates
- A $200 bonus when you refinance your auto loan of $5,000 or more from another lenderFootnote [2]
- Fast and easy applications
- Most decisions in seconds
- Exclusive military discount to help you saveFootnote [4]
- 24/7 support from our US-based member support team
Why Refinance Your Auto Loan With Us?
You could lower your interest rate, decrease your monthly payment or pay off your car loan sooner. Members who refinanced their auto loan from another lender with us lowered their monthly payment by $74, on average!Footnote [3]
See What Our Members Have to Say
I applied for an auto refinance and was approved in less than 1 hour. NFCU has always been there for me and my family. Would bank nowhere else!Footnote [5]
- Navy Federal Member William
Auto Loan Refi Calculator—See How Much You Could Save
Need to Talk?
Get 24/7 support from our US-based member service team. You can reach us online, over the phone or at a branch. Contact us.
If you're ready to apply for an auto loan or want to check the status of your loan, please call us at 1-888-842-6328.
Auto Loan FAQs
Get More Info in Our Auto Resource Center
Disclosures
Credit and collateral subject to approval. Advertised “as low as” annual percentage rates (APR) assume excellent borrower credit history. Your actual APR may differ and will be based upon several factors, including credit history, loan type, model year, mileage, term, and loan amount. Rates subject to change.
New Vehicles: 2024 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles). NOTE: Vehicles with 7,500 or more miles are not eligible for loan terms greater than 72 months and may incur rates that differ from vehicles with fewer than 7,500 miles.
Payment example: New auto loan of $20,000 for 36 months at 3.89% APR will have a monthly payment of $591.
Used Vehicles: 2023 and older model years or any model year with over 30,000 miles. Vehicles 20 years or older (based on model year) are considered classic or antique and subject to Other Eligible Vehicle rates.
↵Credit and collateral subject to approval. Existing Navy Federal loans are not eligible for this offer. Auto refinance loan must be at least $5,000. Loan must be open for at least 60 days with first scheduled payment made to be eligible for the $200, which will be credited to the primary applicant’s savings account between 61 and 65 days of the loan origination date. Offer may end at any time. Recipient is solely responsible for any personal tax liability arising out of this incentive.
↵The average monthly payment reduction claim is based on a comparison between payment information for Navy Federal auto refinance loans booked in November and December 2024 and their corresponding original loans with another lender, where a match was identified. Loans without a confirmed match were excluded from this analysis. The advertised figure reflects the average payment reduction across new and used vehicle refinance loans. The average payment reduction amounts differ between new and used vehicles. Payment reductions may result from factors such as a lower principal balance, a reduced interest rate, and/or an extended loan term. The amount of any reduction in your monthly payment will vary depending on the specific terms of your refinanced loan and may not reflect the average.
↵Direct deposit is required. This military special may expire at any time. Applicants must contact Navy Federal by phone or visit a branch to receive the discount. Active Duty rate discounts (which are also available for retired military members) can be applied, subject to certain restrictions.
↵The views expressed in the reviews are solely those of the individuals posting them. The testimonials are substantively the words of the individual reviewer, but may have undergone minor clerical revisions to ensure readability, add context, or protect private information. Any imagery displayed is for decorative purposes only and is not necessarily associated with the reviewer.
↵