Refinance Your Loan

Thank you for stopping by The Summit’s tent at Taste of Syracuse!

This Kid’s Ride-On Car Could Be Yours!

Fill out the form for your chance to win.

If your car payment is slowing you down, refinance with The Summit and save money.

Auto Refinance Rates as low as

4.95%

on a 36-month loan

Refinance Now
Calculate Savings

Enter to Win a Kid’s Ride-On Car

Join The Summit and Save More on Your Auto Loan!

Why Refi Your Auto Loan?

Refinancing and you could:

  • Lower your monthly payment
  • Reduce your interest rate
  • Save money over the life of your loan
  • Free up room in your monthly budget
  • Keep the car you love

Original title is needed to finalize your loan. If closing online or with the Virtual Branch, you can mail or drop off at a branch.

What You Need to Apply

To open a new account with our Virtual Branch, you will need:

  • Valid ID
  • Original Title
    • If closing online or via the Virtual Branch this must be mailed or dropped off at a branch
  • 10 day payoff on primary institution’s letterhead
  • Insurance Binder showing The Summit as the lien holder
    • This can be attained from your insurance provider while on the call or after

Why Join The Summit?

We are committed to helping our members achieve financial wellness. In addition to providing comprehensive financial education, we keep fees lower and more affordable than traditional banks, and offer competitive credit union rates on loans, credit cards, and other financial products. Plus, you’ll find products at The Summit that many other banks don’t have, like our RoundUp Savings account, and EarlyPay.

Refinance Your Loan Today

Hear from Our Members

“I have gotten my car loan through The Summit before and came back for another one. I always feel confident in their ability to work with me and get a great rate.”

– Jennifer Ray

“This was my first time obtaining an auto-loan by myself and they made the entire process painless and extremely easy.”

– A Satisfied Summit Member

“Our first auto purchase fell through and when we found another vehicle to buy, we walked into the Penfield branch and got our loan processed quickly and we left with a check in hand. Fantastic customer service!!! We love being a member of The Summit!”

– A Proud Summit Member

Current Auto Loan Rates

Rates Effective July 16 through July 31, 2025

Type
Term
Fixed APR2 w/ Auto Payment3
Payment per $1,000
Fixed APR2 w/Billing
Payment per $1,000
Used Auto (2018 & newer)
36
4.95%
$29.95
5.20%
$30.06
Used Auto (2020 & newer)
48
5.45%
$23.23
5.70%
$23.35
Used Auto (2021 & newer)
60
5.75%
$19.22
6.00%
$19.33
Refinance Your Loan Today

Still not sure?

See how much you can save!

The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.


The Summit is federally insured by the National Credit Union Administration. Member eligibility required. Loans are subject to credit approval and certain limitations may apply. Rate shown in effect May 1, 2025 through July 15, 2025. Auto Refinance Loan Special has a term of 36 months at 4.95% Annual Percentage Rate (APR). For example: A loan of $25,000 for 36 months at 4.95% APR will have a monthly payment of $748.71 for the life of the loan. APR may vary depending on each individual’s credit history and underwriting factors. The stated APR is the lowest available and includes a discount for automatic payment. If refinancing a Summit Auto Loan, you must increase the outstanding loan balance by at least $1,000. The Summit’s loan programs, rates, terms and conditions are subject to change without notice.