Debt Payoff Calculator

This calculator will compute how much you will need to pay each month in order to pay off a given debt by a selected payoff-goal date.

Enter the principal balance owed:
Enter the annual interest rate:
Select the payoff goal month and year:


 
Monthly payment required to achieve payoff goal:
Number of payments between now and payoff:
Total interest cost between now and payoff:


DISCLAIMER:

The results provided by these calculators are intended for comparative purposes only to help estimate your financial needs and accuracy is not guaranteed. These calculators do not ensure the availability of or your eligibility for any specific product offered, potential savings or tax benefits. These calculators are not intended to offer any tax, legal or financial advice. Please consult with qualified professionals to discuss your situation.
Commercial Bank Swoosh