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2. 5 Strategies for Paying Off Car Loan Early - AOL

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   5 Strategies for Paying Off Your Car Loan Early. If you have a simple interest car loan, your credit is in good standing and your loan doesn’t have any payoff penalties, it may be wise to pay ...

3. How to calculate interest on a car loan - AOL

   www.aol.com/finance/calculate-interest-car-loan...

   As long as you know the principal, loan term and interest rate, you should be able to estimate your monthly payment — and the total interest you will pay. Use an auto loan calculator. Free ...

4. Should you pay off your car loan early? - AOL

   www.aol.com/finance/pay-off-car-loan-early...

   Paying off a car loan early can save you money — provided the lender doesn’t assess too large a prepayment penalty and you don’t have other high-interest debt. Even a few extra payments can ...

5. Amortization calculator - Wikipedia

   en.wikipedia.org/wiki/Amortization_calculator

   An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process. The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.

6. Prepayment of loan - Wikipedia

   en.wikipedia.org/wiki/Prepayment_of_loan

   The new financing may be cheaper because the borrower's credit has improved or because market interest rates have fallen; but in either of these cases, the payments that would have been made to the MBS investor would be above current market rates. Redeeming such loans early through prepayment reduces the investor's upside from credit and ...

7. Break-even - Wikipedia

   en.wikipedia.org/wiki/Break-even

   Break-even (or break even), often abbreviated as B/E in finance (sometimes called point of equilibrium), is the point of balance making neither a profit nor a loss. It involves a situation when a business makes just enough revenue to cover its total costs. [ 1 ]

8. Understanding the Pros and Cons of Paying Off a Car Loan Early

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9. Paying off debt early: Advantages and disadvantages - AOL

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   How to pay off debt early. ... your total interest for the loan would come out to $2,493 — an overall savings of $1,553. ... If your debt is manageable and the interest rates aren’t sky-high ...