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Auto loan early payoff calculator

Apr 05, 2024

Save time and interest

Wondering how to pay off your car loan faster while saving interest? Increasing your monthly payment could be a smart way to save yourself money in the long run. The Bankrate Auto Loan Early Payoff Calculator will help you create the best strategy to shorten your car loan’s term.

Enter your information into the early loan payoff calculator below, including your additional monthly payment, and click “Calculate” to see your total savings. Click "View the report" to see a complete amortization payment schedule.

Before you commit to an early payoff, check your loan contract for prepayment penalties. Make sure your savings will outweigh any fees you might face.

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