![]() ![]() We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.Ĭalculations are not meant to be credit guarantees and their accuracy is not guaranteed. All examples are hypothetical and are for illustrative purposes. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. Calculate how much cash you will have on hand after selling your home by making additional monthly payments on your loan. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. Total savings Total amount you would save in interest if you made the accelerated payment until your loan was paid in full. Monthly accelerated payment Scheduled payment plus additional monthly payment. Monthly scheduled payment Monthly principal and interest payment based on your original loan amount, term and interest rate. ![]() This payment will be used to reduce your principal balance. Original loan amount The original amount financed with your auto loan, not to be confused with the remaining balance or principal balance.Īdditional monthly payment Your proposed extra payment per month. Loan length (months) Total length, or term, of your original auto loan in months. This can be done simply, and automatically, by clicking the link below:Īnnual interest rate Annual interest rate. If you are seeing this message you will need to download SUN's Java(TM) Plug-in. This Financial Calculator requires a Browser with Java(TM) applet Support. View the report to see a complete amortization payment schedule, and how much you can save on your auto loan! How much interest can you save by increasing your auto loan payment? This financial calculator helps you find out.
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