How much money will I save in interest if I pay off my car loan this month?

Thanks for your help. I can't find any online calculators to help me with this: $ 7048.75 balance as of today 26 Payments remaining $ 295.00 monthly payment Loan maturity date is 08/22/2010 8.44% Simple Interest No penalty for early payoff

Public Comments

1. take 295.00 x 26 and subtract 7048.75 from that number - the difference is your savings
2. If you're half way through, you paid about 70% in interest. So you wouldn't be saving that much.