Auto Loan Early Payoff

Adding even a small extra amount to your auto payment each month can dramatically shorten the loan and cut total interest.

Current balance ($)

Annual interest rate (%)

Current monthly payment ($)

Extra monthly payment ($)

Months saved

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Interest saved

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Months without extra

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Months with extra

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New payoff date (months from now)

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Confirm your lender applies extra payments to principal, not to future interest. Some lenders require a note on the check: "apply to principal."