Auto Loan Payoff Calculator for Lenders
Process trade-in quotes, refinance payoffs, and lease buyouts in under 2 minutes. Perfect for dealerships, credit unions, and auto finance companies.
Perfect for Every Auto Loan Scenario
Trade-In Payoff Quotes
Dealerships need instant payoff quotes for customer trade-ins. Process 20+ quotes per day without tying up F&I staff.
- Instant 10-day payoff quotes
- Per-diem interest calculations
- Include late fees & outstanding charges
- Email directly to dealership F&I
Refinance Payoffs
Borrowers shopping for better rates need accurate payoff amounts. Respond faster than competitors.
- Competitive response time (under 2 min)
- Good-through dates clearly stated
- Prepayment penalty calculations
- Professional payoff letter format
Lease Buyouts
End-of-lease buyout quotes with residual value, remaining payments, and disposition fees.
- Residual value + remaining payments
- Disposition fee calculations
- Early termination payoffs
- Lease vs. purchase comparisons
Total Loss Payoffs
Insurance companies need fast payoff amounts for totaled vehicles. Reduce claim processing time.
- As-of-date payoff calculations
- Insurance company portals integration
- Gap insurance coordination
- Expedited processing for claims
How the Auto Loan Payoff Calculator Works
Enter Loan Details
Input account number or VIN. Pull loan terms from your system or upload original loan document.
AI Calculates Payoff
Remaining principal + per-diem interest + late fees + prepayment penalties (if any). 100% accurate, every time.
Send Payoff Quote
Professional payoff letter with good-through date and payment instructions. Email, print, or portal delivery.
Features Built for Auto Lending
10-Day Payoff Quotes
Automatically calculate good-through dates with per-diem interest for trade-ins and refinances.
VIN Lookup
Search by VIN for quick account retrieval. Perfect for dealership F&I departments.
Late Fee Handling
Automatically include outstanding late fees, NSF charges, and repossession costs.
Automated Delivery
Email payoffs directly to dealerships, borrowers, or insurance companies. Auto-save to file.
Volume Reporting
Track payoff volume by dealership, loan type, and reason. Identify refinance trends.
DMS Integration
Connect to your dealer management system (RouteOne, DealerTrack, etc.) for seamless workflow.
The Manual Process Problem
Dealership calls for trade-in payoff
Staff takes message, finds loan file → 10 minutes
Look up current balance in servicing system
Login, search account, review payment history → 5 minutes
Calculate accrued interest manually
Spreadsheet math, check late fees → 10 minutes
Create payoff letter in Word
Type details, review, save PDF → 8 minutes
Email to dealership F&I manager
Find contact, compose email, attach PDF → 3 minutes
Total: 36 minutes per payoff
The PayoffAgent Solution
Dealership calls or submits online request
Staff opens PayoffAgent → 10 seconds
Enter account # or VIN
Type or paste account info → 5 seconds
AI pulls loan details & calculates
Automatic retrieval and calculation → 30 seconds
Review and approve payoff amount
Quick review of breakdown → 15 seconds
Auto-email professional payoff letter
Click send, done → 5 seconds
Total: 65 seconds per payoff
That's 33x faster!
Auto Lender ROI Calculator
Trade-ins, refinances, total loss claims
Average servicing staff cost
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Join auto lenders nationwide saving time and money with PayoffAgent.
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