LoanMath

Auto Loan Early Payoff Calculator

Pay it off faster by adding to each payment.

Your figures stay on your computer — no server, no tracking, no registration
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Try: Current balance=18000, APR=5.9, Months remaining=36, Extra / month=100 → $18,000, $547, $100, $647, 31, $280

How to use

Add an extra amount every month and the loan ends sooner, with less total interest. This shows the new term and the interest saved.

Formula

Re-run the amortization with payment = PMT + extra until the balance hits zero.

FAQ

Extra $50 or $100?

More extra = shorter term and bigger savings; even small amounts help.

Any penalty for early payoff?

Some auto loans have none; check your contract.

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