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Aspire’s Auto Loan Calculator Can Save You Money

Posted in Buying a Car
August 24th 2012 by
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Ever wonder if you’re paying too much for your auto loan? More than likely, you are. The good news is that Aspire can potentially save you thousands over the life of your loan by refinancing with us.

Here is a great example of how we save our member’s money:

Current Auto Loan – ABC Dealer
Loan Rate (APR*): 8.99%
Terms in Months: 60
Loan Amount: $28,000 (original balance)
Monthly Payment: $581.10

Refinanced Auto Loan – Aspire FCU
Loan Rate (APR*): 3.99%
Terms in Months: 48 (remaining term)
Loan Amount: $23,000 (remaining balance)
Monthly Payment: $519.22

Over the life of this member’s loan, $2,691.32 was put back into their pocket!

If you’re in disbelief of the amount of savings that the average member saves, you’re not alone. That’s why we’ve created a fast and easy loan calculator for you to see your monthly savings with us. Simply type in your credit rating, loan amount, current rate, remaining term, and you’ll instantly be shown what you’ll save by switching your auto loan to Aspire! And if you don’t like what you see, there are no requirements on your end. Visit www.aspirefcu.org/calculator.html to see what you can save, then call us at 855.MY CU LOAN to lower your monthly payment.

What will you do with your savings?

*APR = Annual Percentage Rate.


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