How to Pay Off Your Car Loan Faster and Save Money || Hack Your Finances

Not wanting to spend any more money than you really have to pay off your car loan as fast you can? Sam In this video we will show you the benefits of making extra principal payments, how that lowers your interest costs over time and provide a step-by-step walk through for using our own car loan calculator to see just how much money that could save. Faster Route to Financial Freedom: Our Top Car Loan Payoff Strategies

Timestamps :
00:00 - Introduction
00:33 - Understanding Principal and Interest
01:25 - Example of a Car Loan
02:45 - Breaking Down Monthly Payments
03:17 - Attacking the Interest
05:06 - Adding Extra Principal Payments
07:10 - Savings and Time Reduction
08:13 - Using the Car Loan Calculator
09:18 - Additional Payment Scenarios

➤ Car Loan Early Payoff Calculator: https://hackyourcreditcards.com/calculators/auto-loan-payoff-calculator/

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