TxRad
Dirty Old Man
- Joined
- Jan 13, 2005
- Posts
- 45,152
Doing a little more math than usual today, I calculated that my overpayments will end my car loan fifteen months early. If I can refinance like I want to next month, I can finish paying off my car even earlier. Things get even better if you figure that I am also cutting into interest owed, and don't know how to calculate for that![]()
Check in Excel. I think there are a couple of ready made spread sheets that might help you with that. I know there was in Works. I used the one in there to help me keep track of my house payments and when I would pay it off and how much I saved over the long run.
You have to do some tweaking if you pay more than the normal payment but it's not hard to figure out.