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Auto Loan: Accelerated Payoff

By making a small additional monthly payment toward principal, you can greatly accelerate the term of your auto loan and, thereby, realize tremendous savings in interest payments. Use this calculator to help estimate the potential time and interest savings.

Loan Information
Original loan balance
Annual percentage rate: (%)
Initial term in months: (4yrs=48)
Number of payments already made
Proposed additional monthly payment

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FiLifer

dkoch7 said 10 days ago

I think your calculator isn't working very well

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Auto Loan: Accelerated Payoff