Chase Auto Refinance APRs2
Assumptions for rates shown: loan-to-value of 95% for used vehicles, which is from the previous model year, excellent credit history (FICO® credit rating of 740 and above), loan amount of $23,000.
Auto Refinance Calculator
Calculate and compare your new loan terms to see if refinancing is right for you.4
Why auto refinancing might be right for you
Lower interest rate
Now might be the right time if your credit score has improved, interest rates dropped or you didn’t receive the best initial rate.
Exclusive rate discounts
Take advantage of our rate discounts for Chase checking customers.
Lower monthly car payments
You may be able to reduce your monthly loan payments by lowering your APR or by choosing to extend your existing terms.
1 Refinancing is subject to credit approval by JPMorgan Chase Bank, N.A. (“Chase”). APR (Annual Percentage Rate) will be determined at the time you apply based on application information. Additional terms and conditions apply such as vehicle age and mileage. If you decide to refinance with Chase, you may be able to lower your monthly loan payment or reduce your APR. However, if you choose a loan term that is longer than the term left on your existing auto loan, you will pay interest over a longer period of time, and the overall cost of your loan may be higher. Consult your financial advisor to see if refinancing your auto loan is right for you.
2 APR is the cost of credit, expressed as a yearly rate. APRs appearing in calculator results are based on your input. Additional terms and conditions apply such as vehicle age and mileage. When you apply for credit, your application is subject to credit approval by Chase using your full credit history, related score, income and other factors to evaluate your request and ability to repay. Consider checking your credit report occasionally to be sure inaccuracies aren't impacting your ability to receive credit. For PURCHASE (loan) calculations only: calculator results are also based on your selected dealer state, loan-to-value ratio of 100% and only apply to car purchases from a dealer in the Chase network. If you obtain purchase financing from a dealer in OH or IN, your APR will include a loan origination fee of $195, as part of the calculation of the cost of the credit, which will make the APR higher than the interest rate when you finance.
3 Qualifying for rate discounts: You get 0.25% off standard auto loan rates if you have a Chase personal checking account when you apply. Rate discounts are subject to change at any time. Discounts are only available on loans refinanced with Chase and are not available on financing closed with a dealer. For information on how to open a checking account, visit chase.com or find a Chase branch near you.
4 We provide rate and payment calculators as resources to help you evaluate lending products and payment amounts that may be right for you. Calculator results are based on the information you provided, and Chase does not guarantee your ability to receive these terms. The Loan Calculator assumes 30 days in a month and a first payment scheduled 30 days after the start date of an auto loan to calculate a monthly loan payment example. Monthly payment amounts vary by loan term and rate. For example, the minimum payment is $418.41 over a 60 month loan at 3.5% APR. No down payment is required.