Pay Your Loan Off Faster
Use this free calculator to help determine how much money you might be able to save by increasing your monthly loan payment. This calculator can also help you determine how much faster you can pay off your loan by increasing your monthly payment.
Auto Loan Rates
Auto, Light Truck, Motorcycle Rates
|Term||Rates as low as|
|Up to 48 months||7.24% APR*|
|49 - 60 months||7.79% APR*|
|61 - 75 months||8.24% APR*|
|76 - 84 months||9.24% APR*|
|85 - 96 months||10.14% APR*|
|Rates accurate as of Dec 01, 2023|
|*APR = Annual Percentage Rate. Advertised stated rates reflect 0.25% APR* rate discount for borrowers with credit score of 750+ at time of loan application. Your rate may be higher depending on your credit history, loan purpose, amount, term, mileage, vehicle year, and other underwriting factors. 61-75 month financing requires a minimum loan amount of $10,000.00. 76-84 month financing requires a minimum loan amount of $20,000. 85 - 96 month financing requires a minimum loan amount of $30,000.00.
Payment Example: $30,000 at 7.79% APR* for 60 months equals $605.28/month.
Calculate Your savings
Annual interest rate
Annual interest rate. Maximum interest rate is 20%.
Number of months remaining
Total number of months remaining on your original auto loan.
Loan term (months)
Total length, or term, of your original auto loan in months.
Auto loan amount
The original amount financed with your auto loan, not to be confused with the remaining balance or principal balance.
Additional monthly payment
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.
Monthly prepayment amount
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.
Need More Information?
Recreational Vehicle Loans
Information and interactive calculators are available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.