How to Calculate Auto Loan Payoff

The price of your vehicle, down payment you make, length of the loan, and interest rate are all factors that determine how much you'll pay for your car. Adding a bit more to your payments each month can help you pay off your car loan sooner and, ultimately, save you money.

Use this calculator to see the impact of putting a bit more money toward your loan each month. Enter the price of your vehicle as the Vehicle Price and adjust the sliders to match the details of your loan. Move the Added Monthly Amt slider to see the impact of paying more toward the loan.