Paying your auto loan every two weeks instead of once a month results in 26 half-payments a year — the equivalent of 13 monthly payments instead of 12 — which shortens your loan term and reduces total interest without requiring a large lump sum. This biweekly auto loan calculator shows you exactly how much faster you’d pay off your loan and how much interest you’d save by switching from a monthly to a biweekly schedule, based on your loan amount, rate, and term.
Auto Loan Calculator
Calculate your accelerated biweekly payments and interest savings.
Finance Analysis
Enter your loan details to see your estimated recurring payment and total interest cost.
Estimated Biweekly Payment
*Estimated based on calculated APR
Before switching, it’s worth checking with your lender, since not all auto loan servicers apply biweekly payments the way you’d expect — some hold the extra payment until it totals a full monthly amount rather than applying it immediately to principal. If a biweekly schedule isn’t available to you, our car loan payoff calculator shows a similar effect from making occasional extra principal payments instead, and our car loan calculator gives you the standard monthly comparison.