Did you know you can refinance your car loan to maximise your savings and reap the added benefits of a reduced interest rate? A 36-month loan with a 1.49% fixed APR would have month-to-month payments of $28.42 per thousand dollars borrowed. Chase is not responsible for (and does not offer) any products, services or content at this third-party website, except for solutions and solutions that explicitly carry the Chase name. Not all lenders have the same needs for receiving a car loan refinance, so be positive to do your research ahead of applying for a specific loan. So before you refinance, make sure there are no early payment penalties on your original auto loan.