There will usually be liquidated damages! Generally, it is a certain proportion of the remaining principal! You don't have to pay the rest of the interest!

Second, how to handle the prepayment of auto loans

Generally, there are two methods: one is to pay one month's interest as liquidated damages; Second, calculate the liquidated damages according to the proportion of one thousandth of the balance. If the bank collects liquidated damages according to the first method; If the fine is calculated according to the second method, fewer people know how to calculate it.

First of all, the borrower should figure out how much principal and interest he has repaid;

Then, calculate the outstanding loan principal and interest;

Finally, the remaining loan principal and interest can be multiplied by the penalty interest rate to calculate the liquidated damages.

Third, the car loan prepayment process?

At the same time, submit the following information:

1. Valid ID;

2. Permanent residence or valid residence certificate, permanent residence certificate;

3. Proof of marital status;

4. Proof of income or personal assets;

5. If mortgage loan is adopted, it is required to provide the house ownership certificate of the mortgaged house, the identity certificate of the owner of the mortgaged house (including the legal owner), the marital status certificate and the written certificate of consent to mortgage; And assess the value of collateral according to the regulations and provide assessment reports; If the mortgaged house is exempted from evaluation, relevant certification materials that meet the conditions for exemption from evaluation shall be provided, including the transaction contract or the latest evaluation report;

Fourth, how to handle the steps of prepayment of car loans?

Procedures for prepayment of car loan: 1. Apply for prepayment. Since the repayment period of general car loan is three years, if the owner repays in advance, he needs to make an appointment with the bank in advance, instead of going directly to the bank counter on the same day. Most banks require banks that can collect loans half a month or a month in advance; 2. Pay liquidated damages. Generally speaking, it takes more than 6 months to prepay a car loan. Most banks with loans less than half a year or one year will charge a certain penalty. Specifically, the proportion of different banks is also different; 3. The amount of advance payment. There are generally no restrictions on the number of prepayments, and there are two repayment methods. The owner can choose to pay off all or part of the loan in one lump sum. 4. There are two ways of partial return. First, the original contract did not change the loan term, but only reduced the monthly repayment amount. One way is to shorten the loan period and keep the monthly payment unchanged.