Refinance your auto loan with Nationwide Bank® and save. An auto refinance may lower your interest rate, which means a lower monthly payment – and more money in your pocket each month. You’ll also pay less over the life of your auto loan1.
Apply for Auto Loan Refinancing with Nationwide
Current auto refinance loan interest rates
Depending on your car loan amount, you have several term options for your auto loan refinance.
|Loan amount||Terms available|
|$25,000+||Up to 84 months|
|$12,000+||Up to 72 months|
|$5,000+||Up to 60 months|
There are two ways you can save when you refinance your auto loan to a lower interest rate. Choose the one that works better for your personal auto finance goals:
- Refinance to a lower interest rate and keep the same terms (length of the auto loan). A better rate will lower your monthly payment and add some breathing room to your family budget.
- Refinance to a lower auto loan interest rate and choose a shorter term. For example, you can refinance a 5-year auto loan to a 3-year auto loan. This means you will pay off the loan faster and pay less interest on the total amount of your loan.
With Nationwide Bank, you can do everything securely online, from filling out the application to signing your loan documents, from the comfort of your home. And our application is easy to access whether you're using a desktop, laptop, tablet or smartphone.
We've also made it convenient for you to make loan payments. You can choose to pay monthly or bi-weekly, and you can select a payment date that works with your schedule. Nationwide Bank does not charge a fee for bi-weekly loan payments.
Then, your work is done. Nationwide Bank will make sure your original loan is paid off and your vehicle title is transferred to us.
Gather the information below so you can refinance your loan today!
Here’s what you'll need to apply for an auto loan. You must be at least 18 years old and a U.S. citizen or legal resident to apply. Be sure to check your credit and resolve any disputes on your credit report. If applying jointly, both people should request a credit report before starting the application.
Nationwide Bank takes your privacy seriously. To protect your information, we will also verify your identity.
|Personal information||Financial information||Vehicle information|
If you are applying for an auto refinance loan with another person, you will need to have that person’s residence information, too.
 Nationwide Bank loan interest rates include a 1% discount for automatic/ACH payments. If you choose to make payments by check, you will no longer receive the 1% interest rate discount.
 Nationwide Bank does not offer auto loans for classic cars or cars without VINs.
Is there a car refinance application fee?
There are no fees to apply for any of our auto loans.
Can I refinance my existing car loan from another lender?
Yes, refinancing your current auto loan to one with a lower rate may save you hundreds of dollars. Our auto refinance calculator can help you estimate savings based on your auto loan interest rate and monthly payment amount.
If I refinance my existing auto loan, do you send the payoff check directly to the original lender or to me?
For auto refinance loans, we will send the check directly to the lender.
Is it possible to pay off my auto refinance loan early?
Yes, you can pay off your auto loan early with no penalties, no matter your credit or interest rate. Use our auto loan payoff calculator to estimate your payment.
Get more answers to your auto loan questions on our Car Loan FAQ page.
Don’t forget that Nationwide can provide you with the insurance you need to stay protected on the road. Request a car insurance quote from Nationwide Insurance today.2