Debt Reduction Calculator

Amount Owed:
$
Annual Interest Rate (APR):
%
Your Current Monthly Payment:
$
Amount You Can Add To Current Payment:
$

If you add to your monthly payment, you will pay off this debt in payments instead of , and you will save $ in interest charges. This savings translates into a guaranteed, tax-free, average annual return of 5.00%. And that is not even considering the emotional returns you will get when you pay off this debt -months (0.00 years, months) ahead of schedule!

REDUCED FROM PAYMENTS

TO PAYMENTS

REDUCED BY PAYMENTS

LOWERED INTEREST FROM

INTEREST SAVED

Amortization Schedule