Auto Loan Refinancing
Today's Auto Refinance Loan RatesFootnote 1
| Loan Type | Up to 36 mos. APR as low as | 37-60 mos. APR as low as | 61-72 mos. APR as low as | 73-84 mos. APR as low as | 85-96 mos. APR as low as |
|---|---|---|---|---|---|
| New Vehicle | 4.09% | 4.49% | 4.79% | 6.69% | 7.59% |
| Used Vehicle | 4.99% | 5.49% | 5.59% | N/A | N/A |
Rates as of Jul 19, 2025 ET. |
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| Disclosures - 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. |
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Why Refinance Your Auto Loan?
You could lower your interest rate, decrease your monthly payment or pay off your car loan sooner.Footnote 3
- Fast and easy application
- Decisions in seconds, in most cases
- Competitive rates
- Exclusive discount for active duty and retired military membersFootnote 4
- Opportunity to earn a $200 bonus when you refinance your loan from another lenderFootnote 2
- 24/7 access to a stateside member service rep
Auto Loan Refi Calculator—See How Much You Could Save
It's Easy to Refinance Your Auto Loan With Us!
Apply
Fill out our online application in just a few minutes. You'll need to know how much you owe on your current loan and a few other details.
Get a Fast Decision
Most applicants will get a decision in seconds. Look for an email from us with refi details.
See If You Get a Bonus
If the loan you're refinancing is at least $5,000 and you meet other criteria, we'll credit your savings account with a $200 bonus!Footnote 2
Auto Refinancing FAQs
Benefits of Auto Loan Refinancing
What are the benefits of refinancing my auto loan?
Refinancing could:
- lower your interest rate: A lower interest rate could mean a lower monthly payment and paying less interest over the duration of your loan.
- shorten your loan term: A shorter auto loan term means you could pay off your car sooner and pay less in overall interest.
How much money could I save by refinancing my car loan?
The amount of money you could save depends on many different factors. Use our Auto Refinance Calculator to see how much you could save.
When should I refinance my car loan?
The timing for an auto loan refinance depends on different factors. You may want to refinance if:
- loan rates have gone down
- your credit score has improved, which means you could qualify for a better rate
- you'd like to shorten or lengthen your loan term
How long should you wait until refinancing a car loan?
There's no set amount of time you need to wait before you refinance your auto loan from another lender with us.
Are there any fees associated with refinancing a car loan?
No, we don't charge any fees.
Could refinancing my auto loan negatively affect my credit?
Refinancing your auto loan will lower your credit score temporarily.
Auto Loan Refinancing Rates and Terms
Auto Loan Refinancing Eligibility and Application
Need to Talk?
Stateside member reps are here for you 24/7. 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.
Get More Info in Our Auto Resource Center
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Auto Refinance Process
Refinance your auto loan from another lender in 4 easy steps.
Learn More about Auto Refinance Process -
Liberty Mutual
Learn how members could save on auto insurance through a special benefit from Liberty Mutual.
Learn More about Liberty Mutual -
Registration & Titling
Learn the ins and outs of the car registration process.
Learn More about Registration & Titling
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 4.09% APR will have a monthly payment of $593.
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 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.
↵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.
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