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

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

   That extra amount should go directly toward the principal, especially if you specify that intention when you make your payment. Use an auto loan early payoff calculator to find out how much you ...

3. 5 Strategies for Paying Off Car Loan Early - AOL

   www.aol.com/5-strategies-paying-off-car...

   Here are some other reasons not to pay off your car loan early: Lack of emergency savings. Bankrate reported early in 2021 that most Americans could not afford a $1,000 emergency.

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

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

   Use an auto loan calculator. Free, online auto loan calculators allow you to skip the pencil and paper and instantly determine your interest payment. These calculators allow you to find the ...

5. Rule of 78s - Wikipedia

   en.wikipedia.org/wiki/Rule_of_78s

   Also known as the "Sum of the Digits" method, the Rule of 78s is a term used in lending that refers to a method of yearly interest calculation. The name comes from the total number of months' interest that is being calculated in a year (the first month is 1 month's interest, whereas the second month contains 2 months' interest, etc.).

6. 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. [ 1 ] 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.

7. Amortization schedule - Wikipedia

   en.wikipedia.org/wiki/Amortization_schedule

   This amortization schedule is based on the following assumptions: First, it should be known that rounding errors occur and, depending on how the lender accumulates these errors, the blended payment (principal plus interest) may vary slightly some months to keep these errors from accumulating; or, the accumulated errors are adjusted for at the end of each year or at the final loan payment.