Should you pay off your car loan early?
It could be smart to pay off your loan entirely or make larger payments.
8 min read
Sep 16, 2026
Erin Lowry
Expert Reviewer, Personal Finance
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Meet our expertsAbout Erin
Erin Lowry is the author of the four-part Broke Millennial series, including: Broke Millennial, Broke Millennial Takes On Investing, Broke Millennial Talks Money and Broke Millennial Workbook: Take Control and Get Your Financial Life Together. Erin’s been featured in The New York Times, Wall Street Journal, and on GMA3, ABC News, CBS Sunday Morning, CNBC and The Rachael Ray Show. She has written for The New York Times, USA Today, and other major publications.
Erin's latest articles
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How to calculate interest on a car loan
Calculate your interest payments and determine how much interest you’ll pay overall.
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Average car payments in 2026: What to expect
Use average car payment data to inform your budgeting.
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Mortgage rates jump, approach 7%
Mortgage rates held steady this week along with inflation, remaining just below 6.5%.
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This advice from 9 real estate agents will change how you get a mortgage
Before you choose a lender, read these insider tips from a trusted source — Realtors.
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Refinancing with the same lender: Convenient, but rarely your cheapest option
Find out if your lender can offer you a better deal.
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Mortgage rates dip, remain near one-year high
Mortgage rates held steady this week along with inflation, remaining just below 6.5%.
2 min read Aug 19, 2026 -
How to weigh your bank’s mortgage offers — and why you get so many
Your bank’s mortgage offer may sound tempting, but before you jump in, make sure you can’t get a better deal elsewhere.
4 min read Aug 18, 2026
