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How do I find out the remaining balance on my car loan?

I want to pay off my car loan, but I'm not sure how much I owe. How can I find the remaining balance?

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
If all you want to know is the remaining balance for your
car loan
: You can contact your lender or log into your online account to check the balance due.
If you’re set on paying the balance off: You’ll actually want to contact your lender to obtain a payoff letter. This letter states the exact amount left due on the loan, including any extra accrued interest or
prepayment penalties
.
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