Use this debt payoff calculator to calculate how long your debt repayment will take, how much it will cost you, and how you can payoff your debt faster by contributing more each month.
To get started, simply enter your current debt balance, interest rate, and remaining repayment term length. Then, choose whether you want to contribute more each month to see how much that would reduce your debt repayment by or choose an amount of time that you want to payoff your debt in to see the required monthly payment.
Need more help with paying off your debt?
Check out our resources below that may help you get onto the path of being debt free:
–How to Pay Off Student Loans Fast
–How to Pay Off Credit Card Debt Early
–Using a Personal Loan to Pay Off Credit Card Debt
–Best Debt Consolidation Loans
–What You Need to Know About the Debt Avalanche Method