Car Loan Payout Calculator
Estimate the settlement figure to pay out your car loan early — your current balance plus interest accrued since your last payment and any exit fee.
This is an estimate only. The exact payout is set by your lender and may include break costs, fee rebates or adjustments this tool can't know. Always request a formal payout figure before paying out or refinancing.
Frequently asked questions
What is a payout figure?
It's the amount needed to fully close your loan on a given day — your outstanding balance plus interest accrued to that date, plus any early-termination or discharge fees, less any rebates.
Why can't a calculator give the exact number?
Lenders apply their own break-cost formulas, fee structures and daily interest conventions. Only your lender's written payout figure is binding — treat this as a planning estimate.
Should I pay out or refinance?
If you're switching lenders, use the payout figure as the balance in our refinance calculator. If you're paying it off from savings, our early payoff calculator shows the interest saved.
Are there penalties for paying out early?
Some loans charge early termination or break fees. Check your contract and ask the lender to itemise the payout.
Estimates only and not financial advice. Interest is estimated on a simple daily-accrual basis and excludes lender-specific break costs. Always obtain a formal payout figure from your lender.