Are you overpaying on your current loan?
Enter your current loan details and see how much you could save by switching to a savings club. Flat fee instead of compound interest, so the total stops growing the day you switch.
- Flat fee instead of compound interest
- Educational, not a financing offer
$17,643
stays in your pocket on a $35,000 car
THE REFINANCE MATH
Your interest keeps compounding. A flat fee does not.
9.9%
the maximum flat fee, and it never compounds
$6,940
stays with you on a $35,000 car versus a bank loan
14%
less than the bank total, before you factor in switching
This is an estimate for educational purposes only. Actual savings depend on your specific situation, credit profile, and club terms. The flat fee used is the maximum rate of 9.9% EAPR. Your actual rate may be lower.
YOUR CURRENT LOAN
Compare your current loan cost against a savings club.
Bring your remaining loan balance, monthly payment, current APR, and remaining months. We compare the total you have left on your existing loan against the asset value plus a flat fee that does not compound, so you can see the difference before you switch.
- Your current loan cost includes every dollar of remaining interest
- Savings.Club cost is the asset value plus a 9.9% flat fee, no compounding
- The difference is what you could save by switching
READ YOUR DIAGNOSTIC
One number decides whether switching beats the interest you have left.
A loan is principal plus years of compounding interest. A savings club is the asset value plus one flat fee that never grows. When the interest you have left is larger than that flat fee, switching keeps the difference in your pocket.
- The flat fee is capped at 9.9% and never compounds
- Your total stops growing the day you switch
- What you no longer send to the bank stays with you
9.9%
the maximum flat fee, and it never compounds
- Remaining loan balanceYou bring it
- Remaining interestEvery dollar left
- Savings.Club flat fee9.9% cap, no compounding
THE PROCESS
How savings club refinancing works.
Run the diagnostic
Enter your current loan details to see your potential savings. This tool provides estimates for educational purposes only.
Talk to an advisor
Connect with a Savings.Club advisor who will review your specific situation and provide personalized guidance.
Join a savings club
If the numbers work, join a savings club matched to your asset value. Your contributions begin immediately.
Receive your award
When your Savings Score qualifies you, receive a Purchasing Voucher to pay off your existing loan or acquire a replacement asset.
Dig deeper
Talk to us about your options.
Based on your numbers, a Savings.Club advisor can walk through whether switching from your current loan to a savings club makes sense for you.
This is an estimate for educational purposes only. Actual savings depend on your specific situation and club terms.