🚗 Auto Loan Payoff Calculator 💰
Calculate your car loan payoff amount and see how much you can save with early payments!
Your Payoff Results
Current Payoff Amount:
$0.00
Original Payoff Date:
MM/DD/YYYY
New Payoff Date:
MM/DD/YYYY
Months Saved:
0
Interest Saved:
$0.00
Total Savings:
$0.00
Tips for Paying Off Your Auto Loan Early
- Make bi-weekly payments: Instead of one monthly payment, make half-payments every two weeks. This results in 26 half-payments or 13 full payments per year.
- Round up your payments: Even rounding up to the nearest $50 can shave months off your loan term.
- Use windfalls wisely: Apply tax refunds, bonuses, or other unexpected money to your principal.
- Refinance to a shorter term: If interest rates have dropped, you might qualify for a lower rate with a shorter term.
- Avoid skipping payments: Even if your lender allows it, skipping payments extends your loan term and increases total interest.