1. Existing Loan & Refinance Terms
Current principal payoff amount shown on your latest lender statement.
Existing contract interest rate.
Months left on current note.
Pre-approved or quoted new APR.
Target repayment duration.
Typical DMV lien transfer and lender processing fees ($0 to $250).
Current Monthly Payment:
$602.96 / mo
New Refinance Payment:
$562.54 / mo
Monthly Cash Flow Savings:
+$40.41 / month
Immediate monthly pocket cash freed up by lower debt service.
2. Refinance Savings & Amortization Analysis
✓ High Net Savings: $1,789.89 Lifetime Benefit
+$1,789.89
3-Mo Fee Breakeven
Dropping your APR from 9.5% to 5.9% over 48 months saves $40.41/month and cuts $1,939.89 in lifetime interest. After recovering your $150.00 closing fee in month 3, you preserve $1,789.89 in net wealth.
Monthly Payment Delta
+$40.41 / mo
$602.96 → $562.54
Lifetime Interest Saved
+$1,939.89
Finance Charges Avoided
Fee Breakeven Horizon
3 Months
Recovers $150.00 Refi Fee
Net Lifetime Benefit
+$1,789.89
Net of Closing Charges
F&I & Lender Application Script
"I am applying to refinance my current $24,000 balance at 5.9% APR for a 48-month term. Please confirm all title transfer and origination fees are capped at $150 and verify that there is zero prepayment penalty on the new loan agreement."