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I don't understand how that contract could be correct. The amount financed should have been no more than the $8000 balance unless you financed something besides the car. did you pay off an old car? Financing that balance at the 7.3% for 6 years would be a monthly payment of under $140. The total finance charge for the entire 72 months should be around $2000. I'm using mortgage amortization tables. Making multiple payments in advance will pay off the contract early rather than get you a refund. You might visit a consumer law specialist and/or your bank to see if there would be a benefit to refinancing the loan and paying it off in full now.