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How do I find my interest rate on a car loan?

I bought a new car about two years ago, but I think I want to refinance. However, I don’t know what my interest rate is. How can I find this information?

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Check out these places to find your
car loan
interest rate:
  • Monthly car loan statement: You can usually find the interest rate at the top or bottom of the statement along with your car loan number, address, name, and other information.
  • Original car loan paperwork: Your original car loan statement should also have the interest rate. Usually, at the beginning of the document, you should find your repayment terms. The repayment terms should include your interest rate, term length, and final payment date.
  • Your online account: If you have an online account, log into the account, and find your car loan. Then, find the interest rate either by clicking on the car loan or searching your monthly statements.
  • Calling your lender: If all else fails, call your lender, give them your information, and the agent can find the information you need.
Keep in mind: If you’re
upside down on your car loan
, meaning you owe more than the actual cash value of the vehicle, lenders may not refinance your vehicle. If you have positive equity, you should have no problem refinancing your car. 
Pro tip: Don’t refinance your vehicle unless your new rate is better than your old rate. To get the best rate possible, shop around at various lenders.
MORE: Does refinancing a car hurt your credit score?
View full answer 
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