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

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

   Paying off your car loan early can earn you much-needed financial freedom and save you potentially hundreds (or thousands) of dollars in would-be interest. ... (five-year) loans. Car Loan ...

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

   www.aol.com/finance/paying-off-debt-early...

   How to pay off debt early. ... Over the entire course of the loan, you’d pay a total of $4,046 in interest on top of the monthly payment. However, if you can afford to consistently pay $200 more ...

4. Dave Ramsey: 5 Tips for Paying Off Your Mortgage - AOL

   www.aol.com/dave-ramsey-5-tips-paying-120031867.html

   In a recent YouTube video, Dave Ramsey spoke with a caller about paying off his mortgage early. For context, the caller and her husband earn a combined total of $250,000 a year and owe $633,000 on...

5. Rule of 78s - Wikipedia

   en.wikipedia.org/wiki/Rule_of_78s

   If the borrower pays off the loan early, this method maximizes the interest paid by applying funds to the interest before principal. The Rule of 78 is designed so that borrowers pay the same interest charges over the life of a loan as they would with a loan that uses the simple interest method. But because of some mathematical quirks, they end ...

6. Amortization schedule - Wikipedia

   en.wikipedia.org/wiki/Amortization_schedule

   An amortization schedule is a table detailing each periodic payment on an amortizing loan (typically a mortgage), as generated by an amortization calculator. [1] Amortization refers to the process of paying off a debt (often from a loan or mortgage) over time through regular payments. [2]

7. 5 debts to prioritize paying off before retirement - AOL

   www.aol.com/finance/debts-to-pay-off-retirement...

   After personal loans, focus on paying off auto loans next if it makes sense. The average car loan rate is 8.40% for five-year terms and 8.76% for six-year terms, with the average loan balance ...