§ Tool · tier 1 · independent
Car Loan Early Payout Calculator.
Calculate savings and costs of paying off your car loan early
CalculatorFree, no signupOn-deviceupd May 2026
Inputs
Your numbers
Awaiting inputs
Move the sliders or type in the form on the left — the math updates live as you go. Click Get AI verdict when you want a written analysis.
Thinking of paying off your car loan early? See how much interest you could save with extra payments or a lump sum, and whether any exit fees make it worthwhile.
§ Worked examples
Real-world scenarios
Extra $100/month
Maria has $18,000 at 9% with 48 months left, paying $448/month. She adds $100/month extra.
Inputs
balance:18,000rate:9months:48extra:100
She pays off 11 months early and saves $780 in interest. The extra payments more than pay for themselves.
$5,000 Lump Sum
James owes $25,000 at 8% with 60 months left. He gets a $5,000 bonus.
Inputs
balance:25,000rate:8months:60lumpSum:5,000
Lump sum cuts 12 months off the loan and saves $1,230 in interest. Great use of the bonus!
§ FAQ
Questions Australians ask
§ GlossaryPrincipal The original amount borrowed, excluding interest. Extra payments reduce this directly. Early Exit Fee A penalty some lenders charge for paying off before the agreed term. Payout Figure The total amount needed to pay off your loan in full today, including any accrued interest.
Plain-English definitions
§ Pair it with