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

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

   Whether to pay off a car loan early depends on your budget, your loan’s interest rate and your other financial goals. ... Auto loan early payoff calculator. Should you pay off car loan or credit ...

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

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

   3. Round Up. Rounding up to the nearest $50 or even $100, if you can swing it, is a great way to add extra money every month to the principal. For example, if your monthly payment is $337, you ...

4. How to calculate loan payments and costs - AOL

   www.aol.com/finance/calculate-loan-payments...

   Multiply that figure by the initial balance of your loan, which should start at the full amount you borrowed. For the figures above, the loan payment formula would look like: 0.06 divided by 12 ...

5. Mortgage acceleration - Wikipedia

   en.wikipedia.org/wiki/Mortgage_acceleration

   Mortgage acceleration. Mortgage acceleration is the practice of paying off a mortgage loan faster than required by terms of the mortgage agreement. As interest on mortgages is compounded, early payments diminish the period needed to pay off the mortgage, and avoid a quotient of compounded interest. [1] A commonplace method of mortgage ...

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] A portion of each payment is for interest while the ...

7. How to calculate interest on a loan: Tools to make it easy

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

   You can calculate your total interest by using this formula: Principal loan amount x interest rate x loan term = interest. For example, if you take out a five-year loan for $20,000 and the ...