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Pay-Off Calculator

Savings Calculator  | Mortgage Calculator | Payoff Calculator | Debt Calculator

Sometimes paying of your debt may be the smartest move you can make, especially if the interest you're paying is higher than return you could get by investing. 

Paying Off Debt Early Calculator
If you have a credit card balance that's costing you 23% per year, and you increase your payment, you will get a guaranteed 23% return on your investment. What's more, your earnings will be tax-free! So use this JavaScript Calculator to see how much you could be earning if you increased your payment on any one of your debts.

Instructions: Enter the current payment terms for any one of your outstanding debts, then enter an amount you could comfortably add to the payment. Finally, click on "Compute" to see what the return on your investment will be.

Principal
Balance
Owed		 Annual
Interest
Rate		 Current
Monthly
Payment		 Additional
Monthly
Payment		 Interest
Savings		 Annual
Return on
Investment
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