Yes, refinancing your car loan can save you money if you are lowering your interest rate or lowering the number of payments you have left on your loan. Consider any fees that you’ll be expected to pay to determine your overall savings before submitting your loan application.

Once you decide which vehicle to buy, consider the interest rate, loan term, and monthly payment amount. It’s tempting to focus only on the monthly payment but consider the total cost including loan fees and interest to determine the true cost of the loan.

First Savings Bank offers an array of terms to suit your borrowing needs. Typically, our loan terms range from 48 to 72 months and can be tailored to get you into your ideal payment amount. Reach out to one of our experienced loan officers today by calling 1-833-372-4968 or stopping by a location near you.