Auto Loan Refinance Calculator

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Enjoy a low 1.99% APR* when you refinance your auto loan from another lender to CFCU.

Plus, qualified borrowers can enjoy up to three months payment-free.1

Enjoy a low 1.99% APR* when you refinance your auto loan from another lender to CFCU.

CALCULATE YOUR SAVINGS

Current Loan

Current Balance ($):

Monthly Payment

Interest Rate (%)

Refinance Loan

Loan Amount ($):

Loan Term (Months)

Estimated Credit Score

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LOAN TERM RATES AS LOW AS
48 Months 1.99% APR*
60 Months 1.99% APR*
66 Months 1.99% APR*
72 Months 1.99% APR*

LIMITED-TIME REFINANCE SPECIAL

Enjoy a low 1.99% APR* when you refinance

an auto loan for a 2016 or newer vehicle from another financial institution to Communication Federal Credit Union. Plus, qualified borrowers can enjoy no payments for 3 months. 1

AUTO REFINANCE RATES & OFFERS

LOAN TERM RATES AS LOW AS
48 Months 1.99% APR*
60 Months 1.99% APR*
66 Months 1.99% APR*
72 Months 1.99% APR*

LIMITED-TIME REFINANCE SPECIAL

Enjoy a low 1.99% APR* when you refinance

an auto loan for a 2016 or newer vehicle from another financial institution to Communication Federal Credit Union. Plus, qualified borrowers can enjoy no payments for 3 months. 1

WHY REFINANCE?

Lower Your Interest Rate
Lower Interest Rates

If you didn’t receive a great rate when you first financed, your credit score has gone up, or interest rates have dropped, refinancing may lower your interest rate.

$100 Bonus
No Payments for 3 Months1

Enjoy three months payment free when you refinance an existing auto loan from another financial institution with Communication Federal Credit Union.1

Lower Monthly Payments
Lower Monthly Payments

You may be able to reduce your monthly auto loan payment by refinancing at a lower interest rate or by extending the terms of your auto loan.

LEARN MORE ABOUT REFINANCING WITH CFCU

Auto Loan Help
What is Refinancing?

Learn more about what refinancing means, and why it might be right for you.

Loan Checklist
Refinancing Checklist

View a list of what you’ll need in order to refinance your current loan.

General FAQs
Refinancing FAQs

Find answers to the most commonly asked questions about auto loan refinancing.

When you refinance a loan, you are replacing a loan you already have with a new loan that pays off the debt of the old loan. Typically, this is done to lower the interest rate of the loan and/or change the term to lower your monthly payment amount.

Here’s a list of what you’ll need to refinance your existing auto loan to Communication Federal Credit Union.

Your Personal Details

  • Personal Information
  • Contact Information
  • Employment & Income Information
  • Driver’s License
  • Co-Signer Information (Optional)

Your Current Loan’s Details

  • Name of Financial Institution
  • 10-Day Payoff Balance

Your Vehicle Details

  • Year, Make, Model
  • VIN Number
  • Current Odometer Reading (Mileage)
  • Proof of Insurance
  • Proof of Registration

Your New Loan’s Details

  • Refinance Amount
  • Term (Length of Loan)

What information do I need to have in order to refinance?

Please refer to our Refinancing Checklist for a complete list of documents and information.

How can I apply for a refinance loan?

You can apply online or visit a local branch.

How long will it take for my application to be processed?

You should hear from us within 2 business days of applying online.

How long is a refinance loan approval valid for?

Approvals are valid for 30 days from the date they are approved.

How will my previous auto loan be paid off?

If your refinance loan is approved and completed, we will mail the payoff check directly to your financial institution.

Mobile Deposit at Communication Federal Credit Union

ACCESS YOUR LOAN ON THE GO

View Your Account

Keep an eye on your loan and see your current balance, payment amount, and payment due date.

 

Make Payments

Schedule payments from your Communication Federal Credit Union account, or from linked accounts at other financial institutions.

Mobile Deposit at Communication Federal Credit Union

A FINANCIAL PARTNER YOU CAN TRUST

Serving Members Since 1939

At Communication Federal Credit Union, we are committed to providing our members the best overall value of financial products and services available.

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Great Rates  
Flexible Terms  
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Disclosures

* APR = Annual Percentage Rate. Rate accurate as of 5/12/2020. Rates will be determined at the time of your application based on your information and credit history. All offers subject to credit approval. Additional terms and restrictions apply, including vehicle age and mileage. Auto loan must be refinanced to Communication Federal Credit Union from another financial institution and must be for a model year 2016 or newer vehicle to qualify for the promotional rate. Cannot be combined with other offers. Offer expires 7/31/2020.

¹ Interest begins accruing when funds are disbursed.