Smart Budget Sheetssmartbudgetsheets@mastodon.social
Oct 25, 2026, 3:23 AMPaying off a car loan early: what does an extra $100 a month actually save?
$18,000 left at 7.5% APR, paying $450/mo: 47 months, ~$2,778 interest.
+$100/mo: 37 months, ~$2,201. Saves ~$577 and 10 payments.
A one-time $2,000 now saves ~$627.
Free calculator, any currency, no signup:
https://smartbudgetsheets.surge.sh/calculators/car-loan-payoff-calculator/?utm_source=mastodon