Love your car, not your payment?
RATES AS LOW AS
5.89% APR*
60 Months
Start my Auto Refi Check my Savings
Apply in minutes!
- Estimate your savings using our Auto Refinance Calculator below.
- Apply online or at a branch.
- Upload your documents.
- Get a decision.
Check your potential savings with an auto refinance loan and apply in minutes.
Calculate your potential savings.
Estimate your new payment and see how much you could save over the life of your loan.
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Auto loan refinance FAQs
Auto Refinance Loans
| Type | Rates as low as (APR*) | Term | Payment sample for $10,000 loan |
|---|---|---|---|
| Auto (2024 & Newer) | 5.89% APR | 60 mo | $193.25 |
| Auto (2021-2023) | 6.29% APR | 60 mo | $195.15 |
| Auto (2017-2020) | 6.69% APR | 60 mo | $197.06 |
| Auto (2013-2016) | 7.09% APR | 36 mo | $310.02 |
- People with auto loans at other financial institutions. Existing Everwise auto loans are not eligible for refinancing with Everwise.
- Indiana and Michigan residents
- Borrowers paying a higher APR than today’s rates or those whose credit has improved.
The following documents will likely be required:
- Vehicle registration
- Valid driver’s license
- Proof of active auto insurance policy
- Make, model, year, and VIN number
- Payoff letter from your current lender
Many decisions are quick. Funding typically occurs within a few business days after all required documents are received and your current lender payoff is processed. Approval is based on credit score, loan-to-value ratio, debt-to-income ratio, vehicle type, and mileage.
*APR = Annual Percentage Rate. All loans are subject to credit approval and membership eligibility requirements. Borrower must be a resident of Indiana or Michigan. All credit union programs, rates, terms and conditions may change without notice. Actual APR will vary based on borrower’s credit worthiness and underwriting factors. APR is lowest rate offered as of 10/1/25.
New (2024 & Newer) 60 month term payment example: Based on a loan amount of $10,000 for 60 months at 5.89% APR a monthly payment would be approximately $193.25 per month.
New (2024 & Newer) 72 month term payment example: Based on a loan amount of $20,000 for 72 months at 6.09% APR a monthly payment would be approximately $333.08 per month.
New (2024 & Newer) 84 month term payment example: Based on a loan amount of $30,000 for 84 months at 7.29% APR a monthly payment would be approximately $458.32 per month.
Auto loan refinance not intended for purchase transactions, only refinancing of auto loans. Everwise will not refinance Everwise auto loans under this special promotion.