Use this biweekly payment calculator to see for yourself how making biweekly payments on your auto loan will save you hundreds to many thousands of dollars over the course of your loan.
In addition, you'll get your loan paid off much faster and increase your equity position much sooner.
This is especially true with larger, longer term loans like:
Take a look at some of the examples of savings below (it might shock you) and use the biweekly payment calculator to see how many hundreds, or more likely, thousands of dollars you can save making biweekly payments on your auto loan.
This method of making payments is truly a great equity accelerator for mortgages, RV and car loans.
People have been using biweekly mortgage payments for years as an equity accelerator and to save tens of thousands of dollars in finance charges.
Making biweekly mortgage payments will allow you to pay a:
- 6% APR
- 30 Year
...mortgage off in 24.5 years and save $62,030, by reducing the total interest paid on your mortgage.
Now, this option is available for you to use to accelerate equity in a vehicle (whether an auto or RV) much faster.
Use this plan to payoff an 8%, $80,000, 180 month RV loan in 155 months and save $9,124.
Use this plan and watch your 8%, $25,000, 72 month auto loan get paid off in 65 months and save $720.
Making biweekly payments will help you to save lots of money in finance charges and help to reduce the negative equity that most Americans have in their vehicles at a much faster rate.Return from Biweekly Payment Calculator to Auto Loans