|Auto Loan Payoff Inputs:|
Press spacebar to hide inputs
Total savings $894
|Auto Loan Balances and Interest|
press spacebar to hide graph
Annual interest rate. Maximum interest rate is 20%.
Total number of months remaining on your original auto loan.
Total length, or term, of your original auto loan in months.
The original amount financed with your auto loan, not to be confused with the remaining balance or principal balance.
Your proposed extra payment per month. This payment will be used to reduce your principal balance.
Monthly principal and interest payment based on your original loan amount, term and interest rate.
Scheduled payment plus additional monthly payment.
Total amount you would save in interest if you made the accelerated payment until your loan was paid in full.
Sunmark Federal Credit Union
1187 Troy Schenectady Road