This calculator shows you possible savings by using an accelerated biweekly payment on your auto loan. By paying half of your monthly payment every two weeks, each year your auto loan company will receive the equivalent of 13 monthly payments instead of 12. This simple technique can shave time off your auto loan and could save you hundreds or even thousands of dollars in interest.
APL Federal Credit Union
11050 Johns Hopkins Road
Laurel, MD
© 2018 APL Federal Credit Union. .All rights reserved.
800.367.5796 · 11050 Johns Hopkins Rd. · Laurel, MD 20723
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circ*mstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
