Auto Loan Early Payoff Calculator



Auto Loan Early Payoff Calculator to calculate the savings of paying off your car loan. The car loan payoff calculator gives you two options to calculate payoff, increasing monthly payment or set a payoff year.

Car Loan Payoff Calculator

Car Loan Balance
$
Interest Rate
Current Monthly Payment
$
Extra Monthly Payment
$
OR
Desired Payoff Years
years

Original vs. Early Payoff

Original Early Payoff
Monthly Payment
$315.43
$415.43
Expected Payoff Time
54 months
40 months
Total Interest
$1,751.95 $1,290.04
Total Principal
$15,000.00 $15,000.00
Total Payment
$16,751.95 $16,290.04
Total Interest Savings
$0 $461.92
Payoff Date
Nov, 2027 Sep, 2026


Early Payoff Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Jun, 2023 1 $62.50 $352.93 $415.43 $14,647.07
Jul, 2023 2 $61.03 $354.40 $415.43 $14,292.67
Aug, 2023 3 $59.55 $355.88 $415.43 $13,936.79
Sep, 2023 4 $58.07 $357.36 $415.43 $13,579.43
Oct, 2023 5 $56.58 $358.85 $415.43 $13,220.58
Nov, 2023 6 $55.09 $360.34 $415.43 $12,860.24
Dec, 2023 7 $53.58 $361.85 $415.43 $12,498.39
Jan, 2024 8 $52.08 $363.35 $415.43 $12,135.04
Feb, 2024 9 $50.56 $364.87 $415.43 $11,770.17
Mar, 2024 10 $49.04 $366.39 $415.43 $11,403.78
Apr, 2024 11 $47.52 $367.91 $415.43 $11,035.87
May, 2024 12 $45.98 $369.45 $415.43 $10,666.42
Jun, 2024 13 $44.44 $370.99 $415.43 $10,295.44
Jul, 2024 14 $42.90 $372.53 $415.43 $9,922.90
Aug, 2024 15 $41.35 $374.08 $415.43 $9,548.82
Sep, 2024 16 $39.79 $375.64 $415.43 $9,173.18
Oct, 2024 17 $38.22 $377.21 $415.43 $8,795.97
Nov, 2024 18 $36.65 $378.78 $415.43 $8,417.19
Dec, 2024 19 $35.07 $380.36 $415.43 $8,036.83
Jan, 2025 20 $33.49 $381.94 $415.43 $7,654.89
Feb, 2025 21 $31.90 $383.53 $415.43 $7,271.35
Mar, 2025 22 $30.30 $385.13 $415.43 $6,886.22
Apr, 2025 23 $28.69 $386.74 $415.43 $6,499.48
May, 2025 24 $27.08 $388.35 $415.43 $6,111.13
Jun, 2025 25 $25.46 $389.97 $415.43 $5,721.17
Jul, 2025 26 $23.84 $391.59 $415.43 $5,329.57
Aug, 2025 27 $22.21 $393.22 $415.43 $4,936.35
Sep, 2025 28 $20.57 $394.86 $415.43 $4,541.49
Oct, 2025 29 $18.92 $396.51 $415.43 $4,144.98
Nov, 2025 30 $17.27 $398.16 $415.43 $3,746.82
Dec, 2025 31 $15.61 $399.82 $415.43 $3,347.00
Jan, 2026 32 $13.95 $401.48 $415.43 $2,945.52
Feb, 2026 33 $12.27 $403.16 $415.43 $2,542.36
Mar, 2026 34 $10.59 $404.84 $415.43 $2,137.53
Apr, 2026 35 $8.91 $406.52 $415.43 $1,731.00
May, 2026 36 $7.21 $408.22 $415.43 $1,322.79
Jun, 2026 37 $5.51 $409.92 $415.43 $912.87
Jul, 2026 38 $3.80 $411.63 $415.43 $501.24
Aug, 2026 39 $2.09 $413.34 $415.43 $87.90
Sep, 2026 40 $0.37 $87.90 $88.27 $0.00


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