You probably know this already: If you can afford to pay off your car early, do so, as it reduces the amount of interest you’ll pay. As an alternative, pay a bit more each month. Depending on the amount extra you can pay each month, your loan may be shortened considerably. By exactly how much, you ask? Let our easy-to-use Auto Loan Payoff Calculator become your new best friend.
Assumptions
Adding per month will pay off your loan
0 months early