Debt Reduction Calculator
See How Long It Will Take to Get Out of Debt
Amount Owed ($):
Annual Interest Rate (APR %):
Your Current Monthly Payment ($):
Amount You Can Add To Current Payment ($):
Calculate Debt Reduction Savings
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Current Payoff Term (Months):
Revised Payoff Term (Months):
Time Reduction (Months):
Current Interest Cost ($):
Revised Interest Cost ($):
Total Interest Savings ($):
Extra Payment ROI (%):
Amortization Schedule
Pmt #
Date
Payment ($)
Principal ($)
Interest ($)
Balance ($)