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How do I figure out my loan payoff amount?

Planning on paying off your loan and asking yourself 'how do I figure out my loan payoff amount?' Let's take a peak below.

Nicholas Hinrichsen - Published: August 9, 2020

There are three different ways to receive your loan payoff amount:

  1. you can just call your bank and ask them to share the payoff amount with you.
  2. you can go to your online banking and look for the link to your payoff amount and print out a PDF file.
  3. you can dial a 1-800 number and use the IVR to get to the payoff amount.

We always recommend checking online because that's the easiest and most convenient way to get your payoff. Remember, to pay off your loan you will need the following information:

  • Name of your auto loan company
  • Exact payoff amount
  • Payoff or good thru date
  • Per diem / daily interest
  • Your full account number
  • Payoff address to send the check

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