final toyota financial payment

[SlideOrInsert]

I am confused about what should be the final payment for my tfs account.  Normally I pay online each month what ever it says the amount due is. Over the years I’ve paid a few extra dollars/cents, usually what ever is left of my budget since it is the last payment of the month.

Given this, I decided to download my last few statements to keep for my records.  And this is what confuses me. There are three different amounts that vary between what the statement says and what the online options are.  First graphic if from statement, second is from online.  So what is my final payment to be?

statement				online
amount due	280.17	due 9/23		amount due	278.53	due 9/23
regular payment	285.57			payoff options	279.59	good through 09/19
outstanding balance	278.53

[Anonymous]

I just paid off two TFS accounts.

The payoff options is including the interest owed up to the date it is paid.

So they are giving you until the 19th to get that payment made with the included interest.

If you only make the payment owed, there may be $1.06 that is due in the future until paid in full.

Somewhere along the line on the site, it shows what the daily interest is. mine was $0.05 or so during last two payments

When I made my payments, i went the route of going to the payoff options to get the exact amount

due at the time of payment and made the payment right then and there.

Also, I received my first title in the mail, (took 2 weeks) and also a separate letter from TFS that

told me they would double check everything to make sure monies were not due from final assessment.

And recommended to turn off any auto payments (which i never set up)

$279.59 should be the full amount, but that only has the interest due until the "good through" date.

[CramEiko]

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@SlideOrInsert wrote:

I am confused about what should be the final payment for my tfs account.  Normally I pay online each month what ever it says the amount due is. Over the years I’ve paid a few extra dollars/cents, usually what ever is left of my budget since it is the last payment of the month.

Given this, I decided to download my last few statements to keep for my records.  And this is what confuses me. There are three different amounts that vary between what the statement says and what the online options are.  First graphic if from statement, second is from online.  So what is my final payment to be?

statement				online
amount due	280.17	due 9/23		amount due	278.53	due 9/23
regular payment	285.57			payoff options	279.59	good through 09/19
outstanding balance	278.53

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So why not pay the $280.17 where it says Total Amount Due and if you end up over paying, it's better than under paying, Right?.... Maybe they'll send you a reembursment check for the overage paid?

[Anonymous]

If you normally send in a check or whatever, then the 280.17 would be the amount,

since it would be due by 9/23 which is 4 days after the online payoff date.

Is that making more cents now?

Hope we helped you figure it out