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You can use a calculator or the simple interest formula for amortizing loans to get the exact difference. For example, a $20,000 loan with a 48-month term at 10 percent APR costs $4,350.
Find out what steps to take when refinancing a car, including how to choose the best lender with the most competitive loan rates. How do you refinance a car? Find out what steps to take when ...
Auto refinancing fees make a big difference in what you'll pay and how much you'll save on your new loan. Read this detailed guide so you know what to expect.
Fed rate cuts could make auto loans a better deal. If your current auto loan is high-interest, see if you can save money by refinancing your car.
Title transfer fees: Some states require you to pay a title transfer fee when refinancing a car loan. This is because the old lender has to transfer your car's title to the new lender.
Then, use an online auto refinance calculator to estimate your new monthly payment based on the loan amount, current interest rate, current loan length, and loan balance.
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