Are you looking for a way to pay off your auto loan faster, while saving money in interest. One way to pay your auto loan off faster is by making bi-weekly payments. By making bi-weekly payment to you auto loan, you are making a payment every 2 weeks. Since there are 52 weeks in a year, you are actually making 1 full extra payment a year. Just by making that 1 extra payment you are saving money in interest charges and are cutting months off of the life of the auto loan.
Based on your loan amount, interest rate, and loan term, this bi-weekly payment calculator will calculate your bi-weekly payment and total interest paid over the life of the loan.
Bi-Weekly Payment Calculator
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