Debt Payoff Calculator

Enter your current debt, monthly or minimum payment, and corresponding interest rate:

Disclaimer: The information provided by this calculator is intended for informational and educations purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. We are not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by this tool. We are not responsible for any human errors or omissions.

Results

You can pay off your debts in {{payoff_length}} months by making fixed payments of ${{fixed_payment:Decimal;#,##0.00}} every month, of which, ${{monthly_payment:Decimal;#,##0.00}} is the extra monthly payment.