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Time for a better deal on your auto loan – refinance today!


If you’re paying too much in interest on your car or truck loan, refinancing could be a great way to save you some serious money. Interest rates for vehicle loans may have dropped since you financed your auto or maybe you’ve improved your credit score, which could qualify you for a lower rate. Either way, you could save hundreds of dollars by replacing your current auto loan with one from CRFCU.

Suppose last year you financed $30,000 at 17.00% interest for 5 years. Your monthly principal and interest payment would be about $745.  But say you could refinance the remaining balance of $20,000 for four years at a lower rate of 7.00%. Your payment would drop to $479. That’s a savings of $266 a month, or almost  $13,000 over four years, with the same payoff date.

Refinancing your auto loan can be a smart move in the right situation. By receiving a lower rate, you could save on interest costs, reduce your monthly payments and save you money!  Apply online and in just a few minutes you could be on your way to putting more cash in your pocket.

Use our Refinance Calculator to see how much you can save!


*All rates quoted are the lowest fixed rates and are for individuals with excellent credit, who select our automatic payment plan. Individuals with less than excellent credit and/or who do not elect our automatic payment plan may be offered a higher rate. All loans are subject to credit, income, debt, and membership qualifications. Other restrictions and conditions may apply; please visit an CRFCU branch or call 518-783-2211 for complete details.