Auto Loan Refinance

Refinance Your Auto Loan 

If you're looking for ways to lower your monthly car payment or save money on interest, refinancing your auto loan may be a great option. Whether your loan is with another lender or you're already a P1FCU member, refinancing could help you secure a lower interest rate, adjust your loan term, or be a better fit for your financial goals. 

If you've been searching for "auto loan refinance near me," P1FCU offers auto loan refinancing with local service throughout Idaho, Washington, and Oregon with competitive rates and personalized service. You have places to be, and we are here to help you get there. 

Apply Now

 
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Membership and Locations 

If you're searching for an auto loan refinance near you, P1FCU serves members across Idaho, Washington, and Oregon. Find the closest branch location to you or apply online today.
 

Reasons to Refinance 

Refinancing your auto loan could save you money in the long run. Here are some benefits to refinancing: 

  • Lower your current interest rate 
  • Reduce your monthly payment 
  • Pay off your loan faster 
  • Change your loan term 

While this may not be the right fit for everyone, it is worth exploring the possibilities if rates have improved or if your financial situation has changed. 

Check our car loan rates

Term APR1
Up to 60 Month Term 4.85%1,3
Up to 72 Month Term 5.10%1,4
Effective 07/15/2026 
Used Vehicles: Rates increase for vehicles over 100,000 miles or more than 7 years old.
Terms available up to 96 months.

How Refinancing Works 

In simple terms, refinancing an auto loan means that you are taking out a new loan to pay off your existing one.  

Here is what the process looks like: 

  1. Apply online or visit your nearest local P1FCU branch 
  2. Provide information on your current auto loan and vehicle 
  3. We’ll review the application and determine if refinancing is a good fit 
  4. If approved, P1FCU pays off your existing lender, and your new loan will begin with us 

How much will my payment be?

Curious on how much you can save? Compare your current loan payment with a refinanced loan to estimate your monthly payments and potential interest savings. 

Use this calculator to estimate how much your monthly car loan payment will be. Put in how much you plan to borrow, and use the rates from the table above to see an estimate of your new car loan's monthly payment.2

Estimate your payment
































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Loans

We offer several loan options to meet your needs. Explore your options today.
1 APR is Annual Percentage Rate.  All loans are subject to P1FCU membership, credit approval and other underwriting criteria. Rates are based on creditworthiness and other factors, and may be higher than the lowest rate advertised. Loan program rates, terms, and conditions are subject to change without notice. 
2 Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
3Payment Example – New or Used Auto Loan of $30,000 for 60 months at 4.85% APR will have a monthly payment of $564.08.
4Payment Example – New or Used Auto Loan of $30,000 for 72 months at 5.10% APR will have a monthly payment of $484.54.