Refinancing
Refinancing may save you money…
Do you love everything about your car – except the monthly payment? Our Refinanced Auto Loan Program enables you to refinance your auto from another financial institution, while saving you money.
Refinancing has never been easier.
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How much can you save? Take a look at the following example, the chart shows the total interest paid and the amount saved, if you borrowed $15,000.00 for 60 months at various interest rates. The rate of 2.49% represents ABE’s auto rate.
| Interest Rate | Monthly Payment | Total Interest Paid | Amount Saved |
| 21% | $406.05 | $9,362.13 | $8,393.01 |
| 15% | $357.01 | $6,420.05 | $5,450.93 |
| 10% | $318.80 | $4,127.99 | $3,158.87 |
| 9% | $311.46 | $3,687.46 | $2,718.34 |
| 8% | $304.22 | $3,253.12 | $2,284.00 |
| 7% | $297.09 | $2,824.72 | $1,855.60 |
| 2.49% | $266.16 | $969.12 |