The Easiest Way to Pay Off Your Car.
Tired of No Equity when you trade? Accelerate you Payments! Pay the same car payment you pay today without the need to refinance, simply breakdown the payment biweekly and pay it off early. There is no penalty if you trade in your car or sell it before you are done paying off your loan.
Here is a basic example of how FEP saves you money and helps you build equity faster:
Estimated Savings Example
$30,000 loan - 12% interest rate - 5 years
|Loan Terms||Biweekly Payments||Monthly Payments|
|Time to Repay||55 months||60 months|
|Payments Reduced||5 months||0 months|
|Increased Equity at Pay Off||$3,000||$0|