๐ Automotive
Car Loan Payoff Calculator
Adding even a small amount to each payment goes straight to principal, which shortens the loan and cuts total interest. Because car loans amortise, the interest saved by rounding a payment up is usually far larger than the size of the increase.
How it works
Current loan balance
Annual interest rate
Months remaining
Extra payment per month
Current monthly payment
Months to pay off with extra
Months saved
Interest saved
Interest remaining without extra
Frequently asked questions
How do I use the Car Loan Payoff Calculator?
Fill in the fields above โ the result recalculates instantly as you type. Everything runs in your browser, so the values you enter are never collected or stored.
Is this calculator free?
Yes. It is completely free, requires no account, and works on phones, tablets and desktops.