Car Loan Payoff Calculator

April 26, 2025May 1, 2025

car Loan Payoff Calculator

Car Loan Payoff Calculator

Current Loan Balance ($)

$

Interest Rate (%)

%

Current Monthly Payment ($)

$

Additional Monthly Payment ($)

$

One-time Additional Payment ($)

$

Adjust Additional Payment

$0 $500 $1000

Payoff Results

Total Savings

$0.00

Time Saved

0 months

Standard Payoff

--

Total: $0.00

Accelerated Payoff

--

Total: $0.00

Parameter	Standard Plan	Accelerated Plan	Difference
Payoff Time	-- months	-- months	-- months
Total Interest	$0.00	$0.00	$0.00
Total Payments	$0.00	$0.00	$0.00

Period	Payment	Principal	Interest	Remaining

Tips for Paying Off Your Car Loan Faster

Even small additional payments can significantly reduce your loan term
Consider bi-weekly payments instead of monthly payments
Apply any unexpected windfall (tax refund, bonus) to your principal
Check if your loan has any prepayment penalties before making extra payments

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